After a period of significant seller dominance in February, there is a noticeable increase in buyer activity in the Bitcoin market. According to the analytical platform CryptoQuant, major cryptocurrency exchanges Binance and Coinbase are observing a gradual shift in trading dynamics in favor of buying.
This is reported by Finway
Bitcoin’s Resilience Amid Geopolitical Tensions
Despite the intensifying geopolitical tensions in the Middle East, Bitcoin is showing relative resilience compared to other financial assets. In particular, the leading cryptocurrency appears stronger than stocks and commodities, which analysts note are showing signs of a market “peak”. This indicates that investors are gradually returning their interest to Bitcoin as an alternative store of value.
The Impact of U.S. Federal Reserve Policy
However, the macroeconomic backdrop continues to exert additional pressure on risk assets. Experts note that the upcoming meeting of the U.S. Federal Reserve is unlikely to result in a change in the key interest rate. Nevertheless, market attention is focused on further statements from the regulator regarding the prospects of monetary policy, particularly the potential return to a rate-hiking rhetoric.
Despite these factors, some key Bitcoin metrics are showing positive shifts. According to CryptoQuant, trading volumes on Binance and Coinbase are gradually shifting in favor of buyers. As of February 16, 2026, the 30-day moving average delta of volumes remained deeply negative: approximately -$145 million on Binance and -$88 million on Coinbase, indicating a seller advantage among both retail and institutional investors.
As of the time of publication, the situation has changed: the volume delta has moved into positive territory, amounting to about +$21 million on Binance and +$14 million on Coinbase.
“However, the current dynamics require confirmation due to low liquidity, noted CryptoQuant.”
Experts view these changes as the first signal of a demand recovery. At the same time, it is emphasized that the trend has not yet gained sufficient stability, and a key limitation remains the low liquidity of the crypto market. If this indicator improves, the current dynamics could support Bitcoin’s price growth and help the asset emerge from a prolonged sideways range.
It was previously reported that the activity of large players on cryptocurrency exchanges reached its highest level in the last six years, which could also influence the further development of the market.