February 25, 2026 Cryptocurrency Updates | BTC Sentiment Plummets, Diverging from US Stocks, Key Position Welcomes the End of Liquidation
On February 25, Beijing time, Bitcoin briefly dropped below $63,000, hitting a low around $62,800, and then rebounded slightly to oscillate above $65,000. This round of decline is not due to a fundamental crash, but rather a collective collapse of market sentiment and funds seeking safety.
The current market shows a clear divergence where US stocks remain stable while the crypto market continues to bleed: traditional risk assets maintain stability, while the crypto market reflects that macro tariffs and geopolitical risks are squeezing high-risk preference funds. Market liquidity is thin, compounded by ongoing deleveraging, leading to weak rebounds, and the futures funding rate continues to turn negative, with bulls facing concentrated liquidation.
On-chain data shows that long-term holders have not panicked and fled; some funds are quietly accumulating at low levels. The $60,000–$63,000 range serves as the core support level for this round; if it can hold, the negative funding rate environment is likely to shift from extreme liquidation to a short squeeze recovery.
Ethereum is oscillating in sync, with the foundation announcing ETH staking and pausing selling pressure; Wall Street institutions are positioning themselves in crypto market making, and long-term compliant liquidity is still being promoted. In the short term, the market focuses on sentiment recovery, paying attention to the effectiveness of key support and strictly controlling leverage risk
#比特币回落至63000美元附近 $BTC