Coinbase(US:COIN) Zhi Tong Cai Jing·2026-02-13 04:54Group 1 - Standard Chartered, known as the "Bitcoin bull market flag bearer," has significantly lowered its 2026 year-end Bitcoin price target from $150,000 to $100,000, warning that Bitcoin could drop to around $50,000 before stabilizing [4][5] - The largest cryptocurrency exchange in the U.S., Coinbase Global Inc., reported a surprising fourth-quarter loss of $667 million, with total revenue declining by over 20% to $1.8 billion, highlighting the impact of falling cryptocurrency prices on trading activity [7] - Bitcoin has experienced a significant sell-off, with its price recently dipping below $60,000, marking a decline of over 45% from its October peak of approximately $126,000 [5][6] Group 2 - Recent data shows that "Bitcoin whales" have accumulated about 53,000 Bitcoins in the past week, marking the largest buying spree since November, which helped stabilize prices despite ongoing selling pressure from institutional investors [3] - Market sentiment is under pressure due to concerns over risk assets, with analysts suggesting that if Bitcoin fails to hold above the $60,000 to $58,000 range, it could face deeper declines towards the $40,000 support level [6] - The cryptocurrency market has seen a significant liquidity crisis, with the largest daily drop since November 2022, indicating a loss of trust in Bitcoin [2]