February 28, 2026 Virtual Currency Investment Research Morning Report

The market continues to oscillate and bottom out, with mainstream coins generally under pressure due to macroeconomic suppression. Focus on the progress of small coin ecosystems.

Key Market Overview

As of 9:00 today, the total market capitalization is approximately $2.35 trillion, with a 24-hour liquidation volume of $275 million (71% long positions). BTC is at $66,619, down 1.42%; ETH has fallen below the $2,000 mark to $1,983, down 0.89%; SOL is at $75.2, down 5.3%; BNB is at $625, down 1.28%.

Major Coin Movements

Mainstream Coins (BTC/ETH/SOL/BNB)

- Macro Pressure: The 10% US global tariffs taking effect combined with Middle East tensions have decreased risk appetite, leading funds to shift from tech stocks to the crypto market.
- Capital Flow: ETF daily inflows turned positive but sustainability is uncertain; mining company Bit Deer clearing BTC holdings has raised concerns about potential sell-offs.
- Technicals: BTC is weakly oscillating within the $64,200-$68,000 range, with support for ETH moving down to $1,850.

DeFi and Platform Coins (UNI/GT)

- UNI: Following the market downturn, it declined along with the broader market. Attention on the deployment progress of Uniswap V4 after the ETH “Prague” upgrade.
- GT: Gate.io launched the 293rd HODLer Airdrop (distributing AVNT to GT holders), with the platform’s buyback mechanism providing support at the bottom.

Ecosystem Altcoins (ASTER/AVNT)

- ASTER: The sixth phase of airdrop (Convergence) is ongoing, with only 0.8% allocated and this being the final trading airdrop; subsequent distribution will shift to staking rewards.
- AVNT: As the largest derivatives DEX on the Base chain, recently supported by Gate’s airdrop, but watch out for the short-term selling pressure from the 12.5% unlocked airdrop tokens after TGE.

Technical Analysis and Strategies

| Coin | Key Support | Key Resistance | Operation Suggestions |
|-------|--------------|------------------|------------------------|
| BTC | $64,200 | $68,000 | Buy low, sell high within the range; stop-loss if below $64k |
| ETH | $1,850 | $2,080 | Rebound to $2,050-2,070 for resistance, consider shorting |
| SOL | $70 | $85 | Monitor Firedancer deployment; dollar-cost averaging below $70 |
| ASTER | On-chain buyback price | Airdrop release high | Use buyback mechanism to hedge declines; participate in staking and locking |

Risk Reminder: The market is in a “confidence crisis” stage. High leverage can lead to liquidation. It is recommended to keep spot positions within 5% and wait for the March Federal Reserve decision to clarify the outlook.
#当前行情抄底还是观望？
$BTC $ETH $GT