Bitcoin failed to break through 90,000 US dollars and fell back, Ethereum held on to 3,000 US dollars, and the Christmas market of US stocks rose

👤 hlosw@Benjamin 📅 2026-02-04 00:25:00

After breaking through $90,000 last night, Bitcoin unfortunately fell back again, falling back to the $88,000 range, while Ethereum struggled to stay above $3,000.
(Preliminary summary: Fidelity analysts: Bitcoin will be a "fallow year" in 2026, with a support range of 65,000 to 75,000 US dollars)
(Background supplement: Market share dropped from 80% to 20%, what happened to Hyperliquid? )

Bitcoin hit a maximum of 90,598 after 8 pm yesterday (22) The U.S. dollar, unfortunately, then selling pressure emerged, and it fell back to the $88,000 range early this morning, and there was another long-short double kill. The overall trend of Ethereum is similar, but the rebound is stronger, and it is currently trading at $3,024 at the time of writing.

Bitcoin failed to break through 90,000 US dollars and fell back, Ethereum held on to 3,000 US dollars, and U.S. stocks were all higher on Christmas

Bitcoin failed to break through 90,000 US dollars and fell back, Ethereum held on to 3,000 US dollars, and the U.S. stock market was all higher on Christmas

Coinglass data shows that in the past 24 hours, 210 million US dollars were liquidated, and about 81,000 people were liquidated. Overall, the data is not very high. It seems that investors are currently in a wait-and-see mood.

Bitcoin failed to break through 90,000 US dollars and fell back, Ethereum held on to 3,000 US dollars, and the U.S. stock market all rose on Christmas

The four major U.S. stock indexes closed higher

U.S. stocks closed higher on the first day of the shortened trading week before the Christmas holiday. The latest inflation data in the United States is lower than expected, strengthening the market's imagination of interest rate cuts next year, and funds have obviously returned to technology and recycling concept stocks.

AI is still a multi-headed engine. Huida continues to play a key role. It is reported in the market that it has informed Chinese customers that it aims to start shipping H200 chips in mid-February next year, before the Lunar New Year, strengthening confidence in the continued demand for AI servers. The memory group has strengthened simultaneously, and Micron has benefited from the financial forecast and demand recovery expectations, driving the overall semiconductor atmosphere to heat up.

U.S. stock closing prices on the 22nd:

  • The Dow Jones Industrial Average rose 227.79 points (+0.47%) to close 48,362.68 points

  • The S&P 500 rose 43.99 points (+0.64%) to close 6,878.49 points

  • The Nasdaq rose 121.21 points (+0.52%) to close at 23,428.83 points

  • The Philadelphia Semiconductor Index rose 77.71 points (+1.10%) to close at 7,145.57

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hlosw@Benjamin

hlosw@Benjamin

Blockchain and cryptoassets editor, focusing onmarketDomain content analysis and insights

Comment (10)

Annie 30days ago
Thanks for the popular science, very friendly to newbies.
Phoebe 30days ago
The market is still in a volatile stage.
Paul 30days ago
Recognition, security and performance remain core issues.
Georgia 30days ago
The industry still has a long way to go.
Orion 30days ago
What are the main risks of liquidity mining in DeFi?
Frank 31days ago
Ecological prosperity is more important than a single technological breakthrough.
Paige 31days ago
Agreed, blockchain applications need to break through the circle.
Frank 42days ago
Agreed, blockchain is changing business logic.
Gwen 53days ago
Identity, identity on the chain will be more important in the future.
Sawyer 58days ago
At present, the development logic of the industry is gradually becoming clearer.

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