Terra Classic Price Compresses Below Cloud Amid Cooling Leverage

Cathie Wood: Bitcoin is "undoubtedly" superior to gold

Ark Invest founder Cathie Wood reiterated her confidence in Bitcoin during a Bloomberg interview, believing that Bitcoin is superior to gold and has the ability to resist inflation and deflation. Although Bitcoin has performed poorly this year, Wood remains focused on its long-term structural adoption trend rather than short-term price fluctuations.

Customs have stopped collecting illegal tariffs, but why is your Bitcoin still falling?

U.S. Customs announced the suspension of illegal tariffs imposed by Trump under the International Emergency Economic Powers Act, but the newly imposed 15% global tariffs will take effect on February 24. The market reaction was lukewarm, and Bitcoin prices declined again. Analysts warn that if the $60,000 support level is broken, further declines may occur. In the short term, a tax refund is unlikely, and the market remains under pressure.

When will Bitcoin rebound? Historical data reveals key prices and potential buying opportunities

February 24 News, Bitcoin has recently been on a continuous decline, sparking market attention on the recovery timing. According to Glassnode data, the 90-day realized profit and loss ratio has fallen below 1 for the first time since 2022, indicating that the market has entered an oversold phase. Historical experience shows that this state typically lasts about six months, suggesting that Bitcoin may remain at low levels until the end of the third quarter of this year. The realized profit and loss ratio reflects the proportion of profits and losses in on-chain transactions. When the ratio is below 1, losses dominate, and investors are mostly capitulating. Past bear market cycles—2015, 2018, and 2022—have all shown this pattern. During these lows, market panic is common, but it also presents potential buying opportunities.

Will Bitcoin drop to $50,000? Strategy adds $40 million, Citrini AI report triggers market turbulence

February 24 News, Strategy announced an additional $40 million investment in Bitcoin, despite the current market being somewhat pessimistic about Bitcoin price forecasts. The company currently holds Bitcoin worth $55 billion, with an average cost of approximately $76,020. At Bitcoin's current price of $63,000, unrealized losses amount to nearly $10 billion. Executive Chairman Michael Saylor stated that the company employs a dollar-cost averaging strategy and is not concerned about short-term price fluctuations. Recently, Bitcoin has been affected by geopolitical tensions, economic uncertainties triggered by developments in artificial intelligence, and policy changes by the Trump administration, leading to consecutive price declines. Matt Howells-Barby, Vice President of Growth at CEX, pointed out that Bitcoin could potentially drop to $50,000 in the short term. Data from DefiLlama shows that investors sold over $1 billion worth of Bitcoin ETFs in February, bringing the total ETF decline since November last year to $7 billion. Data from CF Benchmark indicates that major hedge funds reduced their Bitcoin ETF holdings by 28% between the third and fourth quarters.

After WLFI's price drops below $1, selling pressure increases. Can a $35 million whale buy order trigger a rebound?

On February 24, it was reported that World Liberty Financial (WLFI) dropped about 8% in the past 24 hours, weakening after falling below the $1 key level. Previously, WLFI was forming a bullish cup-and-handle pattern, but recent price fluctuations have been mainly influenced by leverage liquidations rather than long-term investors selling off. On-chain data shows that WLFI's largest holder wallet has increased its holdings from 8.23 billion tokens to 8.56 billion tokens since February 19, adding approximately 330 million tokens, equivalent to about $35 million. This indicates that whales have actively entered during the price decline, reflecting confidence in a future recovery. Meanwhile, exchange inflows have decreased from 128 million tokens to just 8.9 million tokens, a nearly 93% drop, showing reduced retail selling pressure.

Analysis: De-globalization and AI reshaping the macro environment, with crypto assets being sold off as high-beta growth assets

The current market is undergoing a structural reshaping driven by de-globalization and artificial intelligence, resulting in slow trading adjustments. Bitcoin and Ethereum prices are struggling to rebound, indicating a lack of market confidence. Capital is flowing into value sectors, technology stocks are underperforming, and crypto assets are being sold off, facing a critical transition ahead.