Crypto’s Dip Returns: Can the Market Rebound Like a Dream?

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After the market slid to nearly $2.0 trillion last Friday, it has lumbered back to a little over $2.3 trillion. Folks with pockets full of hope and stubborn dreams are sniffing for bargains, and buy-the-dip fever is back at the fire.

The real question remains: will this uptick stand firm enough to wear a true V-shaped hat, or will it crumble like bread in a rainy kitchen? A handful of signals lend a glimmer.

Signs of Buy-the-Dip Behavior After the Panic Sell-Off

One of the earliest and most telling signs is the renewed march of stablecoins into the hedges of centralized exchanges. The current wind has turned since months of drought, even as the selling pressure keeps tapping at the door.

Rising stablecoin balances on exchanges tell of a readiness to lay down capital. This signal is especially meaningful to the retail rider, who tends to steer the carts on exchanges.

Data from CryptoQuant shows that the 7-day average value of ERC-20 stablecoins flowing into exchanges on Ethereum rose from $51 billion in late December 2025 to $102 billion today.

The $102 billion figure also sits above the 90-day average of $89 billion. It whispers that capital is being moved quicker than a prairie fire in July.

Though selling pressure remains sharp, the swell in stablecoin inflows signals renewed interest. Some players may already be stockpiling positions at what they perceive as market bottoms.

Additionally, the Accumulation Trend Score from Glassnode offers a further nudge. Wallets of every size, from the smallest to the mightiest, drift toward stronger accumulation.

This indicator gauges shifts in balance across wallet cohorts and assigns a score between 0 and 1. Higher values signal more aggressive accumulation.

Glassnode’s chart shows the score moving from yellow and red zones (below 0.5) over the past two months to blue zones (above 0.5) across multiple wallet categories. Wallets holding 10-100 BTC stand out as the most aggressive buyers, with the indicator turning dark blue and nearing 1.

Lookonchain, a witness to on-chain whispers, backs this up. The account has repeatedly spotted whale accumulation in recent periods, not just in Bitcoin but in Ethereum as well.

Mysterious whales are buying $ETH and $BTC.

Two newly created wallets, 17oiCa and 0x929f, withdrew 3,500 $BTC($249M) and 30,000 $ETH($63M) from #Binance 5 hours ago.

– Lookonchain (@lookonchain) February 8, 2026

All told, these signals hint that buy-the-dip sentiment is creeping back among both the people with little rooms in which to hide and the whales with their long, patient shadows. Yet a durable recovery still rests on the market’s ability to hold its ground in total capitalization.

According to the well-known analyst Daan Crypto Trades, TOTAL cleared the April 2025 lows-borne of tariff talk-and closed back above them. His sense is that the market must hold above $2.3 trillion in the days ahead to justify a march toward $2.8 trillion.

“I think this is an important area for the market to hold if it wants to sustain a further relief bounce,” Daan Crypto Trades said.

He also noted that after weeks of whirlpool-like volatility, the tumult could begin to fade. Price action may settle into a familiar rhythm, giving investors a chance to pause, breathe, and seek a new angle on their bets.

A BeInCrypto look at the landscape underscores the importance of the $71,000 level for Bitcoin. Only a steady above this line can the market reasonably expect a broader, more lasting recovery.

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2026-02-09 09:50