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According to the latest "February 2026 Private Wealth Management Monthly Report" released by Gate, the cryptocurrency market faced overall pressure in February due to macroeconomic and geopolitical factors, with BTC experiencing a monthly decline of approximately 15.5%, and ETH also retracing. The market's fear and greed index dropped into the "extreme fear" zone, indicating a significant increase in risk-averse sentiment.Against this backdrop, Gate's private wealth management products maintained overall steady performance, but short-term returns showed some differentiation. Among them, Star Core Smart Investment (USDT) had the highest annual return rate, reaching 9.5%; Starry Hedge (USDT) and Star Orbit Arbitrage (USDT) had cumulative return rates of 18.0% and 17.2%, respectively. During the statistical period, Starry Hedge (USDT) achieved positive returns in all 20 cycles, with a total win rate of 100%; Gravitational Hedge (USDT) also performed outstandingly, with a total win rate of 95%.The report pointed out that recent geopolitical tensions in the Middle East and rising shipping risks have heightened market concerns about disruptions in crude oil supply, driving a rebound in WTI oil prices. Looking ahead, the narratives related to AI Agents and TradFi may continue to attract market attention in the next 1-2 months and become important catalysts for capital rotation.

Bitcoin fell back after a strong rise to $70,000 during the U.S. trading session on Wednesday, reporting around $68,600 during the Asian session on Thursday, failing to effectively hold the key integer level. Since the end of February, BTC has maintained a range-bound structure, having dipped to $62,500 earlier this month and reaching $71,100 on February 15.Market participants noted that Bitcoin had previously broken through a similar range in January, but then quickly fell from $98,000 to $60,000, forming lower highs during this downward cycle, which has made some traders cautious about the sustainability of the current breakout. Derivatives data shows that the total open interest (OI) in cryptocurrency futures has increased by over 6.6%, approaching $100 billion, with a growth rate higher than the overall market cap increase, indicating new capital inflow.In the options market, Deribit data shows that the Bitcoin rebound has driven an increase in demand for call options with strike prices between $85,000 and $90,000. However, the overall options structure still leans towards bearish protection, with $60,000 put options being the current most popular position, having a nominal open interest exceeding $1.4 billion, indicating that the market still retains concerns about downside risks.

According to Cointelegraph, data shows that the crypto market has largely retraced the gains made after the 2024 U.S. presidential election. Total3 (the total market capitalization of cryptocurrencies excluding Bitcoin and Ethereum) surged over 91% shortly after the election results were announced on November 5, 2024, rising from about $600 billion to $1.16 trillion by December 2024. The market then fell back to around the $900 billion range and briefly rebounded to $1.13 trillion on January 18, 2025.In October 2025, Total3 reached a new stage high of about $1.19 trillion but subsequently faced a significant decline, breaking the structural uptrend. Currently, Total3 is approximately $713 billion, down about 40% from the October 2025 peak, nearing the mid-November 2024 levels, with no clear signs of sustained recovery in the market.In terms of mainstream assets, Bitcoin has seen a maximum drop of over 50% from its peak to its low, dipping to around $60,000 before rebounding to about $68,000; Ethereum has retraced about 60% from its historical high of nearly $5,000 in August 2025. Sentiment indicators are also at low levels. CMC's Fear and Greed Index reports a score of 14, indicating "extreme fear," and on February 5, it briefly fell to 5, one of the lowest levels on record.

According to Gate market data, the S&P 500 index and the Nasdaq 100 index have given back some of their gains after a surge triggered by the tariff ruling.

According to SoSoValue data, most sectors in the crypto market have retraced, with only the DePIN, AI, and SocialFi sectors remaining relatively strong, rising 0.01%, 0.06%, and 2.14% respectively over the past 24 hours. Within the DePIN sector, Arweave (AR) increased by 2.40%; in the AI sector, Virtuals Protocol (VIRTUAL) rose by 1.33%, and Worldcoin (WLD) increased by 2.03%; in the SocialFi sector, Toncoin (TON) went up by 2.80%.In addition, Bitcoin (BTC) fell by 3.10%, briefly dropping below $73,000, but has now rebounded to above $76,000; Ethereum (ETH) decreased by 3.72%, touching $2,100 at one point, and is now approaching $2,300.In other sectors, the Layer1 sector dropped by 2.12% over the past 24 hours, with Solana (SOL) falling by 5.00%, while Cosmos Hub (ATOM) rose by 5.49%; the Meme sector declined by 0.38%, with Binance Life significantly increasing by 13.58%; the PayFi sector decreased by 0.96%, but Trust Wallet (TWT) rose by 4.20%; the Layer2 sector fell by 1.56%, with Polygon (POL) down by 3.74%; the CeFi sector dropped by 1.70%, with OKB down by 2.11%; the DeFi sector decreased by 1.93%, while Morpho Token (MORPHO) rose against the trend by 5.01%.The crypto sector indices reflecting historical market performance show that the ssiSocialFi, ssiDePIN, and ssiAI indices increased by 2.56%, 0.68%, and 0.42% respectively.

According to the latest crypto weekly report released by Gate Ventures, the overall crypto market faced pressure and retraced in the past week, with BTC down 8.7% and ETH's decline widening to 19.4%. ETF fund flows significantly weakened, with BTC and ETH ETFs recording net outflows of approximately $1.49 billion and $327 million, respectively, while the total market capitalization of crypto assets declined by 11.3% over the week. The ETH/BTC exchange rate fell below the critical level of 0.03, further deteriorating market sentiment and entering the "extreme fear" zone, with increased volatility revealing gradual leverage and position pressure.In terms of on-chain and industry activities, despite market pressure, venture capital and innovation dynamics continue to drive progress. Several developments are focused on payment infrastructure, compliant on-chain services, and adaptive DeFi architectures. In terms of investment and financing, a total of 11 financing transactions were completed last week, with a disclosed total financing amount of approximately $188.5 million, an increase of about 52% compared to the previous week, with funds mainly concentrated in DeFi and infrastructure-related areas. These dynamics indicate that, in a context of cautious sentiment, capital allocation remains structurally selective and continues to support developments related to long-term on-chain utility.

Bitcoin's price has plummeted to last year's lowest point, and the cryptocurrency market has also seen significant sell-offs. This decline was triggered by a sharp drop in gold and stocks during the U.S. early trading session, but despite these markets rebounding significantly from their lows, cryptocurrencies have not shown a similar rebound, highlighting the industry's relative weakness.21Shares cryptocurrency research strategist Matt Mena stated that it is crucial for Bitcoin to hold the support level of $84,000. He pointed out that if this support level is not maintained, the next target is the $80,000 level where market buyers typically enter; falling below this price would mean Bitcoin could drop to the $75,000 low reached during the tariff turmoil in 2025.Ledn's Chief Investment Officer John Glover believes that today's sell-off is part of the overall correction for Bitcoin since it hit an all-time high in October. This round of decline could ultimately lead to Bitcoin's price dropping to $71,000, a 43% decrease from the $126,000 seen in early October. Hilbert Group's Chief Investment Officer Russell Thompson stated, "Technical support levels have all been breached, and I believe Bitcoin currently lacks support, with the price potentially falling to $70,000."

According to the official news from ATT Global.io, the 1% discount for exchanging ETH will become one of the ongoing activity sections of the "IEO" series, aimed at allowing the ATT Foundation to better give back to the numerous ecological contributors and participants, while also providing more applications and usage scenarios for ATT.Advertising Time Trace (ATT) is a forward-looking Web3.0 application project that integrates DePin technology. Through its unique DA-AIOT-P (Decentralized Assets - Artificial Intelligence Internet of Things - Payment) mechanism, it has built a new digital advertising ecosystem that combines physical advertising assets, advertising e-commerce merchants, user resources, and digital technology. A commercial advertising system centered around the LED screens in Lan Kwai Fong, Hong Kong has been established, gradually improving LED screen advertising coverage in key commercial areas such as Southeast Asia, Japan, South Korea, and Europe. Currently, the core participants of the ecosystem have reached tens of thousands, potentially radiating hundreds of thousands of commercial ecological users, aiming to become a new entry point for traffic and assets in the Web3 field.

According to Jinshi News, the US Dollar Index DXY has stopped falling and rebounded, currently reported at 97.04. The Japanese Yen, Euro, and British Pound have partially retraced gains against the US Dollar after a brief rise, with the Euro to US Dollar EUR/USD reported at 1.1874, the British Pound to US Dollar GBP/USD at 1.3683, and the US Dollar to Japanese Yen USD/JPY at 154.1.

According to SoSoValue data, the overall cryptocurrency market is showing a slight pullback trend, with the RWA sector leading the decline at 3.51% over the past 24 hours. Within the sector, Ondo Finance (ONDO) fell by 3.35%, Sky (SKY) dropped by 5.04%, but Keeta (KTA) rose against the trend by 8.43%. Additionally, Bitcoin (BTC) and Ethereum (ETH) are maintaining narrow fluctuations around $91,000 and $3,100, respectively.In other sectors, the CeFi sector decreased by 0.31% over the past 24 hours, with Bitget Token (BGB) relatively strong, rising by 1.60%; the PayFi sector fell by 0.74%, while Monero (XMR) rose again by 8.24%; the Layer1 sector declined by 1.08%, with Canton Network (CC) down by 4.05%; the Meme sector decreased by 1.63%, but Binance Life surged by 15.55%; the DeFi sector dropped by 2.11%, with MYX Finance (MYX) increasing by 6.37% during the session; the Layer2 sector fell by 3.31%, while Stacks (STX) rose by 1.02%.The cryptocurrency sector indices reflecting historical market trends show that the ssiDePIN, ssiAI, and ssiRWA indices fell by 3.80%, 3.51%, and 3.44%, respectively.

The Enforcement Directorate (ED) of India raided a total of 21 residential and office locations in Karnataka, Maharashtra, and New Delhi as part of a money laundering investigation, uncovering a network of a fraudulent cryptocurrency investment platform.The gang has been operating since 2015, using celebrity images and fake trading websites to promise high returns, attracting investors from India and abroad, and laundering funds through cryptocurrency wallets, P2P transfers, shell companies, and underground money exchanges. Currently involved websites include goldbooker.com, cryptobrite.com, among others, and official investment risk warnings have been issued.

According to SoSoValue data, the overall cryptocurrency market sector is showing a continuous trend of correction, with a general decline of about 2% to 9% over the past 24 hours. Among them, the NFT sector dropped by 9.46%. Within this sector, Pudgy Penguins (PENGU) fell by 4.66%, while Audiera (BEAT), which had previously seen significant gains, experienced a correction, dropping by 41.28%. However, APE NFT (NFT) still rose by 3.66%. Additionally, Bitcoin (BTC) decreased by 1.12%, falling below $88,000; Ethereum (ETH) dropped by 2.01%, maintaining around $3,000.In other sectors, the PayFi sector fell by 1.64% over 24 hours, with Telcoin (TEL) rising by 2.23%; the AI sector decreased by 1.68%, with OriginTrail (TRAC) relatively strong, increasing by 3.89%; the CeFi sector dropped by 1.78%, with Canton Network (CC) surging by 6.14% during the session; the Layer1 sector fell by 1.86%, with Zcash (ZEC) down by 3.16%; the DeFi sector decreased by 2.22%, with Uniswap (UNI) dropping by 4.14%; the Meme sector was down by 2.25%, while PIPPIN (PIPPIN) rose against the trend by 31.03%; the Layer2 sector fell by 2.30%, with ImmutableX (IMX) increasing by 2.63%.The cryptocurrency sector indices reflecting historical market trends show that the ssi AI, ssi Layer2, and ssi DeFi indices fell by 3.13%, 2.66%, and 2.38%, respectively.

According to Cointelegraph, as Bitcoin has pulled back about 30% from its peak and is hovering around the key support level of $85,000, on-chain data shows that medium-sized holders and some institutional funds are accelerating their accumulation.Glassnode data indicates that "shark addresses" holding between 100 and 1,000 BTC have accumulated approximately 54,000 BTC over the past week, increasing their total holdings from about 3.521 million to 3.575 million BTC. The pace of accumulation has reached the fastest level since 2012, indicating significant bottom-fishing behavior despite the substantial pullback. However, the upward potential in the market remains constrained by selling pressure from larger holders.Data shows that long-term and "OG" whales holding over 10,000 BTC have been continuously reducing their positions over the past two months. Charles Edwards, founder of Capriole Investments, pointed out that record institutional buying is being absorbed by long-term holders at a pace not seen in years, which may continue to suppress Bitcoin's price performance in the short term.Additionally, veteran trader Peter Brandt warned that Bitcoin has fallen below a key parabolic support level, and if historical patterns repeat, there is a risk of a deeper pullback.

According to Coinbob's popular address monitoring, the price of ETH briefly dipped to $3175 and then rebounded. The BTC OG insider whale (0xb31) saw its ETH long position drop below the average holding price of $3177, with a current position size of approximately $383 million, a liquidation price of $2235, and a peak floating profit of $25.3 million.This address transferred $70 million from the Binance wallet to Hyperliquid from the evening of December 7 to the morning of December 8, and then opened a 5x leveraged ETH long position, with a previous average price of $3048, and transferred another $50 million yesterday.The BTC OG insider whale is an OG address that once held over 50,000 BTC and had been dormant for 8 years, later gradually converting some BTC into ETH. Its operations have repeatedly been highly synchronized with Trump's statements and U.S. policy trends, laying out a $500 million BTC short position just hours before the significant drop on October 11, resulting in nearly $100 million in profits and attracting market attention. BitForex CEO Garrett Jin stated that this address is associated with its clients.

According to the historical pullback data of Bitcoin provided by Charlie Bilello, as of 2025, Bitcoin has pulled back from its historical high of $126,000 in early October to the current $82,000, a decline of about 35%. This is one of the significant pullbacks in Bitcoin's history, comparable to the 32% pullback in early 2025, but far lower than the pullback levels of 78% and 84% in 2021 and 2017, respectively.Data shows that Bitcoin has experienced multiple pullbacks exceeding 50% in its history, but each was followed by a significant price rebound, with the highest rebound reaching 1504%. The current pullback is considered a normal performance within the historical volatility range of Bitcoin.

According to The Block, OpenLedger has launched the OPEN mainnet, which aims to create a decentralized network to provide data provenance and an automated contributor compensation mechanism for artificial intelligence systems.Users can upload datasets to a shared "data network," where developers can train models and automatically complete payments through smart contracts. According to OpenLedger, this model draws inspiration from the economic models of creator platforms like YouTube, aiming to help researchers, writers, and domain experts who support AI system training to earn revenue.At the core of the OPEN mainnet is the "proof of attribution" system, which records the provenance of each dataset, model, and agent on-chain. Every output generated by AI can be traced back to the original contributor, enabling verifiable credit records and automatic payments.OpenLedger states that developers integrating with this network can easily build AI agents without managing infrastructure or data hosting. Contributor earnings are handled by the protocol's OPEN token, with rewards distributed based on the attribution trail on-chain. This infrastructure is referred to as "data as a shared service," providing data producers with tools to access the AI supply chain, allowing them to earn passive income when their works are used in models.Previously, OpenLedger completed a $8 million seed round financing, led by Polychain Capital and Borderless Capital.

According to Bloomberg citing Kaito data, Bitcoin market depth has decreased by about 30% from this year's peak, indicating a significant contraction in market liquidity.In the options market, traders are increasingly betting on volatility, with rising demand for neutral strategies such as straddles and strangles. The market capitalization of cryptocurrencies has retraced this year's gains, and market sentiment may remain subdued until further positive news emerges. Max Gokhman, an executive at Franklin Templeton, stated that as institutions become more deeply involved in the cryptocurrency market, and investment targets are no longer limited to Bitcoin and Ethereum, the correlation between cryptocurrencies and macro risks may remain high.

The privacy coin ZEC rose above $750 on Friday before briefly pulling back to $488, currently reported at $550. Following BitMEX co-founder Arthur Hayes' call, despite ZEC having retraced over 20% from its peak, the market remains confident in its rise to $1000, with a 36% probability on Polymarket for "Will Zcash reach $1000 by December 31?".

ChainCatcher news indicates that, according to SoSoValue data, the encrypted market sectors are experiencing a slight pullback after a continuous rise. The Layer2 sector led the decline with a 4.46% drop in 24 hours, where Mantle (MNT) fell by 5.43%, Zora (ZORA) dropped by 7.58%, and the previously high-performing Merlin Chain (MERL) decreased by 16.80%. Additionally, Bitcoin (BTC) fell by 0.80%, retreating to $114,000. Ethereum (ETH) dropped by 1.43%, falling below the $4,200 mark.In other sectors, the CeFi sector decreased by 0.35% in 24 hours, with Aster (ASTER) down by 8.44%; the PayFi sector fell by 0.86%, while Ultima (ULTIMA) remained relatively strong, rising by 5.36%; the Layer1 sector declined by 1.33%, but Hedera (HBAR) increased by 6.05%, possibly influenced by the expectation of HBAR's spot ETF listing on Nasdaq on Tuesday; the Meme sector dropped by 2.73%, with MemeCore (M) and OFFICIAL TRUMP (TRUMP) rising against the trend by 4.90% and 9.96%, respectively; the DeFi sector decreased by 2.86%, with Uniswap (UNI) down by 4.70%.The cryptocurrency sector indices reflecting historical market trends show that the ssiGameFi, ssiLayer2, and ssiNFT indices fell by 3.89%, 3.70%, and 3.30%, respectively.