In the past hour, total liquidations across the network reached $16.10 million, with $12.74 million from long positions, with $3.36 million from short positions. BTC liquidation $8.72 million, ETH liquidation $4.76 million.

According to Huoxun Finance on February 17, OKX market data shows that BTC has just fallen below $68,000 and is currently trading at $67,967.10 per coin, a daily increase of 0.63%.

According to Huoxun Finance on February 17, OKX market data shows that BTC has just broken through $68,000 and is currently trading at $68,177.20 per coin, a daily increase of 0.94%.

According to a Wintermute report on February 17th, as spot trading volume continues to shrink, leverage has become the main driver of short-term volatility. Without "structural buying" (long-term funds capable of absorbing selling pressure) to absorb volatility, the market will experience sharp rises and falls on both the bullish and bearish sides. Technically, BTC has found support near its 200-week moving average, historically a key level for bear market bottoms. Wintermute believes that until clearer macroeconomic signals emerge, every rebound should be seen as an opportunity to mitigate risk, not a reason to chase momentum. For crypto, returning to an upward trajectory still depends on macroeconomic clarity. The 200-week moving average remains intact, and the market has not suffered structural damage, meaning that once macroeconomic uncertainty subsides, the recovery could be faster than current sentiment suggests. In the short term, we are in a range-bound, downward-biased state; the market is dominated by leverage, and $70,000 remains a significant resistance level. Finally, a recovery is possible in the second half of 2026, but most participants have likely exhausted the patience required to reach that point.

According to Huoxun Finance on February 17, OKX market data shows that BTC has just broken through $67,000 and is currently trading at $67,076.30 per coin, down 0.69% on the day.