BTC, ETH, BNB, XRP, SOL, DOGE, ADA, BCH, HYPE and XMR rebound after plunge to key supports on 2/6
On Feb. 6, Bitcoin and a range of major altcoins staged strong double-digit rebounds after sliding to critical support levels during the week's sharp sell-off. BTC bounced from $60,000 back above $69,000, while Ether, BNB, XRP, Solana, Dogecoin, Cardano, Bitcoin Cash, Hyperliquid and Monero all attempted relief rallies. Technical indicators such as the relative strength index and moving averages suggest these moves may face stiff resistance, keeping open the question of whether a durable recovery is forming or if the bounce will fade.