February 20

1. Bitcoin Market: Bitcoin initially declined then rebounded. Starting early this morning, it has experienced a rally, currently closing at $67,280. The daily chart shows a Morning Star pattern at the low. Ethereum's rebound is relatively weak, currently at $1,958, with a low of $1,905.

2. Altcoin Market: Altcoins are relatively stable. SOL up 2%, closing at $83; DOGE at $0.0988; PIPPIN down 2.5%, at $0.485; RIVER up 4.37%, at $8.29; ENSO up 38%, at $1.63; OM up 25%, at $0.07; NAORIS up 14%, at $0.44.

3. Neighboring Markets: The US stock market's three major indices closed lower, with most large tech stocks down; South Korea's stock market hit a record high; due to tensions between the US and Iran, gold edged higher, reclaiming the 5000-point mark, closing at 5015; silver rose 1%, at 78.45; international oil prices surged 2%.

4. Trump considers limited strikes to pressure Iran into an agreement; US military has assembled its largest aerial force in the Middle East in nearly 23 years.

5. The White House held the third closed-door meeting on stablecoins, inviting representatives from the crypto industry and banking groups to discuss stablecoin reward mechanisms. Crypto executives say "there are still ongoing developments."

6. Bitcoin RSI dropped below 30 for the third time this month, possibly indicating a slow correction in a long-term bear market.

7. Aave becomes the first lending protocol with RWA deposits exceeding $1 billion.

8. The US spot Bitcoin ETF experienced net outflows of $133.3 million, with total redemptions reaching $238 million this week, facing the risk of five consecutive weeks of outflows. BlackRock's iBIT had the highest single-day redemption, exceeding $84 million.

9. The UAE has accumulated $460 million worth of Bitcoin through mining.

10. Institutional and on-chain activity: Morgan Stanley and other major shareholders increased their holdings of Bitmine stocks amid the selling wave.