📉 February, did not wait for emotional recovery.
The excitement of the Spring Festival did not dispel the chill in the market.
The entire month of February was almost nailed down in the "extreme panic" zone——
ETF saw net outflows for five consecutive weeks,
Coinbase's negative premium extended to historical levels,
And liquidity is still contracting.
Mining companies' choices are more direct.
Bitdeer cleared out BTC, selling immediately upon production,
Putting "survival" before profit.
Cash flow has become the top priority.
As the holiday ends, the market still faces the same set of variables:
▪️ Macro tariffs intensifying
▪️ Stablecoin regulatory framework accelerating implementation
▪️ AI narratives continuing to siphon attention and funds
When liquidity recedes,
Prices no longer tell stories,
Structure becomes the answer.
In a cycle of rising uncertainty——
✔️ Control the rhythm
✔️ Watch cash flow
✔️ Wait for the turning point
Bull and bear markets are never determined by emotions,
But by liquidity.
#比特币2026年价格预测
$BTC
{spot}(BTCUSDT)
$ETH
{spot}(ETHUSDT)
$BNB
{spot}(BNBUSDT)