On February 24, 2026, from 03:00 to 03:15 (UTC), Bitcoin’s price experienced a slight rebound during a consolidation phase following high volatility, with a candlestick return of +0.02%. The short-term performance showed a slight oscillation upward, and market attention remained cautious due to ongoing macroeconomic and regulatory pressures. Trading volume significantly declined compared to the previous day, volatility reached a low point in the phase, and the overall market trend was sideways.
The primary drivers of this movement were marginal recovery after extreme panic the day before, along with active intervention by quantitative funds and high-frequency arbitrage strategies. On February 23, macro events such as the U.S. tariff hikes and unresolved regulatory policies triggered a short-term crash in BTC, with leveraged longs liquidated en masse, leading to overselling. In the early hours of the 24th, some large holders gradually accumulated at low levels amid panic, with the mean reversion model automatically increasing positions. Quantitative traders remained active within short-term ranges, contributing to a slight rebound in BTC prices.
Additionally, whale fund movements and changes in market structure resonated. On-chain data showed that between February 20 and 24, whales added over 30,000 BTC in a contrarian manner, supporting low-level recovery. After the liquidation wave, market makers and arbitrage funds entered, boosting liquidity. The options market saw short positions closed, with decreased demand for puts hedging, providing support to spot prices. Meanwhile, Bitcoin found key technical support in the $64,000–$65,000 range, with some manual “bottom fishing” and automated stop-loss systems working together to further stabilize short-term prices.
Risks still persist, as macroeconomic uncertainties and regulatory policy developments exert pressure on medium- and short-term market trends. During extreme conditions, liquidity can sharply decline, so caution is advised against sudden volatility. Key support levels at $60,000, on-chain fund flows, and ETF capital changes should be closely monitored. Please stay attentive to market information to mitigate potential volatility risks.
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
Michael Saylor Estimates Quantum Computing Threat to Bitcoin Is Over a Decade Away - Here's Why
Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), stated during a February 2026 appearance on the Coin Stories podcast that a credible quantum computing threat to Bitcoin's cryptographic security is likely more than ten years away, while identifying restricted access to bank credit for Bitcoin holders as the primary factor limiting the token's price appreciation.** **
Saylor emphasized that any meaningful quantum breakthrough would trigger coordinated software upgra
CryptopulseElite2m ago
TRM Labs partners with Finray to launch an integrated cryptocurrency and fiat currency monitoring system, directly addressing MiCA compliance and new anti-money laundering requirements
February 24 News, the blockchain intelligence platform TRM Labs and banking infrastructure company Finray Technologies announced a partnership to jointly launch a unified monitoring system covering cryptocurrency and fiat currency transactions. The solution integrates Finray's compliance and decision engine XZiel with TRM's on-chain analysis tools to enable real-time risk alerts, automatic escalation handling, case management, and risk scoring for both crypto assets and traditional payments.
The two parties pointed out that as stablecoin settlement and fiat payment processes accelerate integration, and with the implementation of the European crypto asset market regulation framework MiCA, financial institutions are facing higher levels of compliance and anti-money laundering scrutiny. A unified monitoring system for cryptocurrencies and fiat currencies is becoming a fundamental infrastructure requirement for banks, custodians, and corporate finance departments entering the digital asset space.
GateNewsBot12m ago
Michael Saylor’s 6-Year Bitcoin DCA Is the Largest Ever Recorded
_StrategyB accumulated 717,131 BTC over six years, equal to about 3.4% of total Bitcoin supply._
_The firm deployed $22.4B into Bitcoin in 2025, marking its largest annual investment to date._
_StrategyB’s realized average Bitcoin purchase price is near $76,000, with no BTC sold
LiveBTCNews19m ago
Bitcoin's sudden 5% drop shocks market sentiment to the bottom: Perspective
Bitcoin's 5% drop on February 23 triggered panic in the crypto market, leading to a decline in the Crypto Fear and Greed Index. Analysts predict further adjustments, with investors exiting to safer assets like stablecoins, indicating bearish market conditions.
TapChiBitcoin19m ago
Is Avalanche (AVAX) About to Repeat Its 2020 Magic Against Bitcoin? This Emerging Fractal Suggest So!
Key Takeaways
AVAX/BTC is flashing a rare fractal similar to its 2020 pre-bull run
AVAX remains capped beneath long-term descending
CoinsProbe34m ago
Michael Saylor's Strategy Bitcoin investment shows an unrealized loss of $9.5 billion
According to Watcher.Guru, Michael Saylor's Strategy currently has an unrealized loss of $9.5 billion in Bitcoin investments.
GateNewsBot36m ago
