DCG Founder: Market downturn can clear leverage and junk tokens, and a large-scale capital rotation is about to begin

Bitcoin's sudden 5% drop shocks market sentiment to the bottom: Perspective

Bitcoin's 5% drop on February 23 triggered panic in the crypto market, leading to a decline in the Crypto Fear and Greed Index. Analysts predict further adjustments, with investors exiting to safer assets like stablecoins, indicating bearish market conditions.

Bitcoin falls below $63,000, analysts warn: it may soon drop to $60,000 or even lower

Bitcoin continued to weaken in February, falling below $63,000 and approaching half of its all-time high. The market was affected by leverage liquidations, ETF capital outflows, and miner sell-offs, causing the Fear Index to drop to extreme panic levels. Analysts predict that in the short term, prices may drop to $60,000 or lower, but some bulls remain optimistic about a future reversal opportunity.

PENGU Struggles at Key Level — Is a Breakout Around the Corner?

PENGU compresses near key support after steep weekly and monthly losses. Volume and open interest decline, signaling weak trader conviction. Triangle formation hints at breakout as volatility tightens. Pudgy Penguins — PENGU, has gone quiet, yet tension fills the air. Price clings to a n

Bitcoin falls below $63,000, analysts warn: it may soon drop to $60,000 or even lower

Bitcoin continued to weaken in February, falling below $63,000 and approaching half of its all-time high. The market was affected by leverage liquidations, ETF capital outflows, and miner sell-offs, causing the Fear Index to drop to extreme panic levels. Analysts predict that in the short term, prices may drop to $60,000 or lower, but some bulls remain optimistic about a future reversal opportunity.

AI panic impacts the crypto market: ETH, SOL, XRP all decline collectively, with increased downward pressure as BTC consolidates sideways

On February 24, news reports indicate that the crypto market came under pressure due to the intensification of the "Artificial Intelligence Panic Trading" and worsening macro risk sentiment. Ethereum, Solana, and Ripple experienced continued declines, with major cryptocurrencies generally recording an 8% to 11% correction over the week. Bitcoin briefly dropped to approximately $62,900, down about 2.1% for the day, with a weekly decline of 7.5%. Its price remains confined within the $60,000 to $70,000 range established after the early February surge, and the market is more inclined to view this as a consolidation zone rather than a clear bottom. Altcoins performed significantly weaker than Bitcoin. Ethereum's price fell to around $1,829, with a weekly decline of about 8%; XRP dropped over 10%, SOL declined more than 11%, and Dogecoin approached a double-digit correction. Mainstream altcoins weakened in tandem, reflecting a decline in market risk appetite, with insufficient buying interest outside of Bitcoin and more cautious capital allocation.

BTC Asian session slightly rises by 0.04%: liquidity stability and supply-demand balance drive the movement

From 05:15 to 05:30 (UTC) on February 24, 2026, the BTC price recorded a slight increase of +0.04%. This period falls within the Asian trading session, with overall market activity limited, volatility converging, and BTC remaining within a sideways consolidation range. Market attention remains steady, sentiment is mild, and the price exhibits typical non-directional slight fluctuations. The main driving force behind this movement is the sustained stability of the liquidity environment and the relatively balanced supply and demand in the market. The order book depth is sufficient, with dense buy and sell orders, making extreme price fluctuations unlikely. In the context of low trading volume, a small amount of active buy orders can easily influence the price.