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Myriad Moves: How Low Will Bitcoin and Ethereum Go?

By Decrypt
Feb 6, 2026
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Crypto prices have seen no relief of late, with Bitcoin falling to a 15-month low and Ethereum’s losses extending to more than 60% off its August all-time high.

(Disclaimer: Myriad Markets is a product of Decrypt’s parent company, Dastan.)

Bitcoin’s next move: Pump to $84K or dump to $55K?

Odds on that market had swung as much as 60% in the last week, with predictors sliding to the side of a “dump” in that market. Now, as BTC extends its losses, down more than 22% in the last seven days and nearly 48% off its October all-time high of $126,080, a new market offers different “dump” and “pump” pillars: $55,000 or $84,000. 

Bitcoin Crash Could Deepen to $38K, Say Analysts—Here's Why

BTC has dropped more than 11% in the last 24 hours, recently changing hands around $65,207. It will need to jump about 29% to hit $84,000 or drop 16% to “dump” to $55,000. 

What’s Next? Though analysts suggest there are no clear near-term catalysts, the next FOMC  meeting in March could provide risk assets some relief if a rate cut is made. 

Ethereum’s next move: Pump to $3,000 or dump to $1,500?

The market drawdown has not spared Ethereum, crypto’s second-largest asset by market cap. 

ETH has now fallen nearly 31% in the last week, diving below $2,000 for the first time since May 2025 and recently changing hands at $1,919. 

Predictors asked about its next move are decidedly bearish, as well, giving odds of a dump to $1,500 about a 71% chance as of Thursday afternoon. That represents around an 15% shift in odds towards the bearish side in the last week. 

Tom Lee's BitMine Hits 7-Month Stock Low as Ethereum Paper Losses Reach $8 Billion

Another 22% drop would bring this market to conclusion for those expecting an ETH “dump.” Meanwhile, ETH would need to jump around 56% to hit $3,000. 

What’s Next? ETH similarly could see relief should there be a rate cut at the Fed’s March 17-18 FOMC meeting. 

Who wins the Super Bowl?

One of the world’s largest sporting spectacles will take place on Sunday, when the Seattle Seahawks and New England Patriots square off in Super Bowl LX. 

Predictors on Myriad can also put their football knowledge to the test in a market that asks who will take home the Lombardi Trophy, presented to the winning team after the game. 

As of now, Myriad predictors are giving the Seattle Seahawks around a 69% chance of winning Super Bowl LX. That’s about half a percent higher than earlier this week, and equates to American sportsbook odds of -222. 

That mark is slightly lower than that offered by major American sportsbook DraftKings, which offers American odds of -230, or closer to a 70% chance for the Seahawks to win the game. 

At those odds, Myriad provides Seahawks backers with about a 1% edge to the traditional sportsbook (not including any fees). 

The two teams most recently met in the 2015 Super Bowl and provided a memorable finish, with the Patriots claiming a 28-24 victory after a game-saving interception was made in the game’s final seconds. 

Will the Seahawks claim revenge? Predictors seem to think so. 

What’s Next? The game will kickoff on Sunday at 6:30 p.m. ET.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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