The post STX Weekly Analysis Feb 4 appeared on BitcoinEthereumNews.com.

STX is maintaining its downward trend structure with a weak performance, dropping nearly 8% on a weekly basis; critical support levels are being tested, but Bitcoin’s bearish momentum requires additional caution for altcoins. The market structure mandates focus on the $0.2837 support and $0.3221 resistance, which will determine the next direction. STX in the Weekly Market Summary STX declined from around $0.33 to the $0.29 level last week, experiencing an 8.01% loss, and the trading range narrowed, squeezing into the $0.29-$0.33 band. The volume profile remained at a moderate $58.43M level, but momentum indicators (RSI 45.34) show a bearish bias in the neutral zone. The MACD histogram is negative and the price remains below EMA20 ($0.30), confirming the short-term trend as bearish. In the bigger picture, STX is moving within a long-term downtrend; the market is moving away from the accumulation phase, giving potential distribution signals. For position traders, monitoring support/resistance confluences with data from STX Spot Analysis this week is critically important. There is no significant news flow in the macro context, but movements correlated with Bitcoin’s 4.45% drop dominate. Trend Structure and Market Phases Long-Term Trend Analysis The market structure clearly shows that STX is maintaining its long-term downtrend; the price is in a bearish position on the main trend filter, and $0.38 resistance forms a strong ceiling. On higher timeframes (weekly/monthly), lower highs and lower lows confirm the trend’s strength. Trading below EMA20 reinforces bearish momentum, and from a market cycle perspective, STX is signaling a transition from correction phase to a full bear market. This structure puts the “short bias until trend breaks” principle front and center for position traders; aggressive long positions will remain risky until the $0.2837 support is broken. Accumulation/Distribution Analysis Volume profile and price action are losing accumulation phase characteristics in recent…

---

Filed under: News - @ February 4, 2026 10:27 pm