February 25, 2026

The market has rebounded slightly again. Bitcoin rose from 62,500, and Ethereum just touched $1,800. In terms of price, it seems to complete a secondary bottoming process, but this rebound is relatively weak, not resembling the start of a rally. Therefore, it is expected that there will still be a period of stagnation. Actually, from the market sentiment, it’s already on the brink of despair. Even if prices drop again, it’s unlikely to attract much more capital. Currently, the main players are probably going to continue with frequent fluctuations and prolonged sideways trading to gradually erode investors’ confidence.
As an experienced veteran who has gone through several bull and bear cycles, I am all too familiar with this process. But honestly, every time the market reaches this state of despair, I also feel anxious and uneasy inside, and I even start to worry about the future of crypto. When a market doesn’t rally for a long time, and the coins you bought are stuck for a long period, from initial hope to growing disappointment, and eventually to despair. The biggest difference is whether you can withstand the urge to cut losses and exit when the entire market’s despair spreads. Many people used to do this, but ultimately, they didn’t get to enjoy the bountiful gains from the subsequent market rise.
Currently, Bitcoin is only a little over $60,000, less than half of the peak of over $120,000. Objectively speaking, the market has entered a bear phase, so Bitcoin’s lowest price will definitely be below $60,000. But I want to ask, in previous bear markets, how many people actually bought at the bottom? If someone managed to buy the bottom with their entire position, I think it’s not an exaggeration to say they are one in ten thousand.