Secondary Market Daily Report 20260224

Market Overview The cryptocurrency market is currently in extreme panic, with the Fear & Greed Index dropping to a historic low of 5. Influenced by macroeconomic negative factors such as Trump’s increased global tariffs, Bitcoin led the decline, hitting the longest losing streak since 2018. The market structure is undergoing profound changes, with capital rapidly shifting toward BTC, a few leading projects, and new narratives with genuine profitability. Although regulatory progress and technological applications like RWA provide long-term support, short-term liquidity shortages and macro uncertainties remain core challenges.

Mainstream Coin Analysis BTC Recently hit hard by tariff-related negative news, with a daily drop of over 4%, and a cumulative decline of more than 19% in February. Currently, the Fear & Greed Index indicates market sentiment is near the freezing point. Despite MicroStrategy continuing to buy against the trend and ETF selling pressure easing, the typical 70%-80% correction seen in bear markets suggests that the current 50% decline still indicates the bottom has not yet arrived. Short-term, watch for oversold rebounds, but be cautious of extreme risks of dropping to the $20,000 range.

ETH Currently priced at $1,811, facing dual pressures from Vitalik’s continuous sell-offs and large long liquidations. On the macro front, escalating trade wars further suppress risk appetite. However, the Ethereum Foundation’s new privacy DeFi unit and ongoing institutional accumulation by BitMine provide fundamental support. Trading-wise, consider small positions for minor rebounds, but cut losses decisively if the price falls below $1,800.

SOL Priced at $77, in a high-risk zone. If it loses this level technically, it could further decline below $50. Short-term, avoid blindly bottom-fishing. Long-term, Solana is focusing on APAC institutional demand through network infrastructure, with active on-chain AI Agents and Meme ecosystem, but it’s advisable to wait for price stabilization before long-term deployment.

BNB Priced at $586, having broken below the key support of $600. Short-term outlook is bearish due to Middle East tensions and tariff policies. However, the long-term fundamentals remain solid, with projects like Sigma offering low-fee leverage and value-added services for holders. Suggest a small short position with a stop-loss at $600, and for long-term, consider gradual accumulation on dips.

Popular Coin Trends LTC Offers high-probability short-term arbitrage opportunities. As a PoW veteran, LTC has 56% active addresses on-chain, indicating solid fundamentals. Jucom platform is launching an 80% off new listing event (entry price $44), with clear profit margins and no lock-up. Additionally, THORChain will soon support its privacy cross-chain, providing ongoing fundamental catalysts.

HYPE Faces significant short-term selling pressure risk. Despite recent sharp gains, it’s still 58% below its all-time high, with major longs facing large unrealized losses, and liquidation prices around $23.91. If it can hold above $23, there may be an oversold rebound; otherwise, further decline is possible. Given its weekly transaction fees remain among the top five, the long-term logic remains valid.

LIT Valuation discount evident. Lighter platform recently became the first DEX to launch Korean stock perpetual contracts and has partnered with Circle for revenue sharing. Compared to peers, LIT’s valuation is only 5% of theirs, but its fee volume has reached 10%. Driven by staking demand, LIT has strong valuation recovery potential.

TRX Shows strong anti-drop and defensive properties. Over the past 90 days, it outperformed the S&P 500, with much smaller retracement compared to most mainstream coins. As it advances on compliance listing on Bitstamp and progresses with buyback and listing narratives, its dominance in low-fee public chains and USDT settlement will further strengthen, making it a suitable low-entry point for swing trading.

The above information is generated automatically by @xhunt_ai and does not constitute investment advice.