Why is WBTUSD down 4.30% today?

WBTUSD declined due to profit-taking after recent strength and broader cryptocurrency market weakness. Elevated trading volume at 240 million suggests institutional selling pressure. Technical resistance at $51.26 failed to hold, triggering stop-loss orders and accelerating the decline below $50.

What is the next support level for WhiteBIT Coin USD?

The primary support level sits at $53.86, marked by the lower Bollinger Band. If breached, the next support appears at $48.17 (today's low) and the 200-day moving average at $49.23. These levels historically attract value buyers.

Is WBTUSD oversold based on technical indicators?

No, WBTUSD is not oversold. RSI at 57.50 remains neutral, and the Stochastic indicator at 44.53 suggests room for further downside before reaching oversold conditions below 30.

What does the WBTUSD price forecast suggest?

Forecasts vary dramatically by timeframe. Monthly targets $49.20 (current price), while yearly forecasts suggest $2,460.14. These extreme projections reflect high uncertainty and should not guide trading decisions.

How does WBTUSD compare to its yearly range?

WBTUSD trades at $49.20, roughly midway between the year-low of $25.58 and year-high of $65.30. The token has declined 10.06% year-to-date, underperforming broader cryptocurrency indices.

Crypto Insights

WhiteBIT Coin USD Breaks Below $50 as -4.30% Decline Tests Support

ByHuzaifa Zahoor February 4, 2026February 4, 2026

WhiteBIT Coin USD (WBTUSD) is experiencing notable downward pressure on February 4, 2026, with the token trading at $49.20 after a -4.30% decline. The cryptocurrency has fallen below its psychological $50 level, triggering increased selling activity across major exchanges. Market data shows trading volume at 240 million, significantly above the 30-day average of 105 million. This sharp move comes as broader market conditions shift, with technical indicators sending mixed signals about near-term direction. Understanding the current price action and technical setup is essential for tracking WBTUSD’s next potential support or resistance level.