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Bitcoin closes lower for the fifth consecutive month, with $70,000 becoming a key resistance level
On February 27, Bitcoin faced resistance at the $70,000 round number and is currently fluctuating around $67,000. Technical analysis shows that BTC is facing triple weekly resistance levels: the 200-week EMA (approximately $68,330), the 2021 high of $69,000, and the psychological barrier at $70,000. Short-term rebound potential is limited.

Update on BTC analysis: In the short term, this rebound has been quite strong. The original plan was to wait for a pullback to buy more, but it shot up directly, gaining five to six thousand dollars overnight, so I can't chase the rally for now.
From a technical perspective, the current price has already approached the resistance line, which is also near the upper edge of the recent consolidation range. As long as it doesn't break through this level, the probability of continued consolidation remains high.
On a smaller timeframe, it might hit a secondary high before dropping sharply. The chanc

Short Signal】Pippin0.81 has shown a top signal, with decreasing volume + false breakout
The bulls are starting to accumulate the last batch. The first wave of correction in the Year of the Horse, let's start from here!
Direction: Short
Target: 0.53 → 0.48
Stop Loss: 0.92 (Don't say I didn't warn you)
Who dares to go all-in with me? When Pippin hits bottom, we'll buy again!

Wu Jihan directly cleared all self-held BTC in the company
Sold all 189 BTC mined
Also dumped the previously accumulated 943 BTC
Now the company's BTC balance is zero
But this round of liquidation just happened to occur before the BTC correction
Is even the big mining machine bosses unable to hold on
They are starting to cash out to maintain cash flow and focus on AI cloud and data centers
V God has recently withdrawn large amounts from Aave and sold in batches
He still has 240,000 ETH left in his wallet.

Bitcoin Fails to Break $70,000 Multiple Times, Weak Liquidity Suppresses Rebound
On-chain data analysis platform Glassnode states that since early February, every attempt by Bitcoin to re-establish above the $70,000 threshold has been met with a pullback due to insufficient demand. Data shows that a net realized profit outflow of only about $5 million per hour could trigger a price decline.
In contrast, during the market sentiment peak in Q3 2025, profit-taking per hour reached $200 million to $350 million, yet prices still maintained an upward trend, indicating stronger buying support at that

Currently, the price of $BTC is $66,940.
The holding cost of $MSTR is $76,027.
The average holding cost for Bitcoin spot ETFs is $83,976.
BlackRock $IBIT investors' average holding cost is $83,633.
Grayscale $GBTC + BTC investors' average holding cost is $81,338.
Fidelity $FBTC investors' average holding cost is $73,761.
Bitcoin miners are gradually shutting down starting at $85,000.

Bitcoin has been declining for five consecutive months. This has only happened once before, in early 2018—2019, but after that, Bitcoin rose for five months straight. Do you think this time history will repeat itself?
If the crypto market is going to rise, we’ll have to wait until Powell steps down and Wob takes over to start reducing the balance sheet, which will gradually lead to a rise. This is expected to happen around July to August, meaning we still have to wait 4 to 5 months.

#BTC
Buy near 67200
Stop loss: 66000
Take profit: 68800, 69800
#ETH
Buy orders around 1920 look bullish
Stop loss: 1850
Take profit: around 1990
#SOL
83 long
Stop loss: 80
Take profit: 86
Short positions wait until the price goes up. Currently, it's a sideways trend, and I even have a bullish outlook. Under this expectation, I don't have the habit of chasing shorts.

Currently, there is no negative news. I believe the daily chart is more likely to fluctuate or rally than to break down. About a week ago, I predicted a second test of 1800 on Twitter and here, but the bears are weaker than I expected, only reaching around 1900.
The market is always right. If you're wrong, you need to adjust promptly. There are no invincible generals. Don't let the profit and loss of one or two trades affect the entire system. Take it slow.

As Bitcoin's market cap continues to grow, the upward surge in each bull market is actually decreasing, and the space for bear market corrections will also be relatively smaller, but it will likely still exceed 50% or more.
If it drops to 50,000, that's roughly a 60% decline. If it reaches this level or falls below it, gradually accumulating in stages should be considered a relatively bottoming area.
Currently, both in terms of time and space, there's not enough room, so there's no need to rush. Just be patient and wait.

Bitcoin's recent drop also seems very "deliberate." Comparing the trends of Nasdaq and Bitcoin, they were mostly synchronized for a long period, but this round of decline, Bitcoin clearly dropped more and faster. This sharp decline doesn't resemble natural selling; it looks more like an attempt to quickly reach a certain goal: to trigger a short squeeze and force people to cut losses.
From the peak, Bitcoin has fallen nearly 30%, and the underlying selling pressure might be between 150,000 and 300,000 coins. Based on an 80,000 cost basis, that's about $24 billion in funds, which is beyond what

Foreign markets are all taking off, hopefully Old A doesn't keep thinking about controlling the rhythm and suppressing the index today. In the last week before the New Year, a strong upward push would boost investor spending during the Spring Festival~
Last Friday's post-market expectation was to see a rebound this week and observe its strength.

Next Meeting at the White House on Stablecoin Interest Issues
Date: February 10, 2026 (Tuesday)
Format: Staff-level practical meeting (same as before)
Significant change: This time, representatives from the bank headquarters will attend in person
Joint Participants: Cryptocurrency Industry Association
The White House is pressuring both parties to come up with a compromise plan by the end of February.

Not FUD, rational analysis #BTC bottom price
This round of the bull market:
Bitcoin's highest was $126,119, now $65,000, a decline of 48%
Based on the previous four bull markets' decline estimates, if this decline is 70%, then the optimal bottom for BTC would be around $38,000.
BTC at $38,000 may seem hopeless,
but it is the best time to enter. I personally think it's very reasonable. What does everyone else think?

Currently, BTC and ETH haven't accelerated their decline nor increased volume, so this wave hasn't bottomed out yet. It's a slow grind. The key levels are 693 (most likely won't hold), 639–668 (hopeful), 610, 581, and other critical points.

Last week, the market was hit by multiple negative news, severely damaging investor confidence. Among them, Microsoft's earnings report was disappointing, raising concerns about the outlook for AI spending. The company's reported revenue growth for Azure cloud computing business was only slightly above expectations, causing its stock price to plummet by 10%.
At the same time, the market expects Powell to push for rate cuts while also shifting towards tightening the balance sheet policy, which is seen as more hawkish.
The news that Powell was nominated by Trump triggered a sharp drop in gol

Bitcoin's attempt to stabilize as demand for put options used to hedge downside risk has eased somewhat, but the concentration of open interest at specific strike prices indicates that market tension has not fully dissipated. According to Deribit data, the highest concentration of put options shows that buyers are providing support around $75,000, making it a key support level. The token briefly dropped to $74,541 on Monday before rebounding. The next key support level is at $70,000.

There is one key point left: money will chase the rally. After that, more people will come in, such as ETF, futures, and various tracking products, and funds will pour in. This creates an inertia where the more it rises, the more people buy.
Therefore, the upward phase usually has a strong logic, demand, and funds chasing the rally, gradually pushing the price higher.
So why does it crash overnight? Many people have a very superficial understanding of this. The key point is not how bad the news about gold and silver is, but because the market is too crowded.