February 27, 2026

After a slight rebound, the market has entered a sideways consolidation phase. Currently, Bitcoin is above 67,000, and Ethereum is temporarily above $2,000. The market trend is not strong; the recent decline does not yet constitute a double bottom, so the expectation is for continued sideways movement. However, I have a hunch that the market has entered a strong support zone. After sufficient shakeout, there is a chance for a rebound rally. Although it cannot reverse the bear market trend, a rebound followed by a deep bear is more in line with the current market rhythm.
Recently, aside from the crypto world, other financial markets have also been relatively stable. The US stock market has experienced some minor fluctuations, but overall there is no new direction, just high-level consolidation. After all this time, I feel that the US stock market’s self-repair mechanism remains quite strong. I’m not too worried about a sudden crash in US stocks dragging down the crypto market. Additionally, precious metals have also somewhat “cooled off,” which, for the crypto world, is neither good nor bad news. Currently, it seems that precious metals are unlikely to crash in the short term, so they won’t impact the crypto market.
In the evening, US stocks declined again. The crypto market indeed has not stabilized after the second rebound and continues to decline. But as I said, as long as the decline isn’t too large and doesn’t break through recent lows—namely, Bitcoin at 60,000 and Ethereum at 1,700—these levels still have a high probability of forming temporary support. This wave of decline