Foresight News reports that Wintermute stated, “The recovery of the crypto market depends on the clarity of the macroeconomic situation. The 200-week moving average still provides support, and the absence of structural damage suggests that when the recovery occurs, the rebound could be stronger than market sentiment implies. Currently, we are in a range-bound and slightly downward trend, with leverage factors dominating short-term market movements. Recently, $70,000 remains a resistance level. A recovery in the second half of 2026 is possible, but to achieve this, most participants will need to have exhausted their patience.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin supply approaches the 20 million milestone! The final 1 million coins are expected to be mined in 114 years.
Bitcoin is about to reach the 20 millionth coin mined, with over 95% of the supply already in circulation. The remaining 1 million coins are expected to be mined within 114 years. This milestone reinforces Bitcoin's scarcity and value. Its issuance rate is controlled by the halving mechanism, and miners' income will gradually shift toward transaction fees, posing new challenges to the network's economic model.
GateNews7m ago
US, Iran, Israel War: What Happens To Bitcoin And Altcoins If The Conflict Escalates?
Conflict between the US, Iran, and Israel entered global market conversations after a tense weekend that pushed oil prices higher and created uncertainty across financial markets. Bitcoin and the broader crypto market reacted almost immediately as traders evaluated how a potential Middle East e
CaptainAltcoin8m ago
Bitcoin Bottoms as 4-Year Cycle Ends, VanEck CEO Says
As investors weigh where the flagship cryptocurrency stands in 2026, VanEck’s chief executive says the market is likely near a bottom of its long-running cyclical pattern. The four-year cycle has framed price moves for years, with the reward halving compressing supply and influencing sentiment.
CryptoBreaking13m ago
Polymarket market bets that the probability of Bitcoin dropping to $60,000 in March this year is 40%
Foresight News reports that the latest data from Polymarket shows that the market's odds of Bitcoin falling to $60,000 this March are 40%, falling to $65,000 are 76%, rising to $75,000 are 50%, and rising to $80,000 are 25%. Currently, the trading volume in this prediction market exceeds $8.51 million.
GateNews20m ago
The closure of the Strait of Hormuz can't stop Bitcoin's rebound! BTC, ETH, XRP prices rise across the board today
Despite the closure of the Strait of Hormuz and escalating conflicts between Iran and the United States, the cryptocurrency market has rebounded, with Bitcoin, Ethereum, and Ripple prices rising. Institutional capital flows and optimistic sentiment are driving increased demand, while regulatory expectations and investor risk appetite are recovering, making the market outlook optimistic.
GateNews28m ago
