@Everyone

Today’s Crypto Intelligence
Date: February 23, 2026 (Singapore Time)

1) Bitcoin drops below $65,000, over 130,000 long positions liquidated, totaling $458 million (Short-term impact)
· My interpretation: Overall market sentiment has sharply shifted to extreme fear, with longs being deeply liquidated after chasing gains at high levels. 
· My reminder: Liquidations are often not caused by the price itself, but by high leverage amplifying risks.
· What you should do: Reduce leverage, control your positions, and avoid bottom-fishing when the fear index is extremely low.

2) Ethereum remains under pressure, currently trading around $1,800 with sideways fluctuations (Short-term impact)
· My interpretation: The current trend for Ethereum is “downward,” and breaking key support levels could lead to further declines. 
· My reminder: High-beta assets like ETH tend to fall faster than the mainstream during risk-off phases.
· What you should do: Watch whether major support holds before deciding to buy the dip or cut losses.

3) Ripple (XRP) records the largest on-chain realized loss signal since 2022 (Short-term impact)
· My interpretation: On-chain loss signals often indicate concentrated selling pressure, which may lead to increased short-term volatility. 
· My reminder: A single indicator is not a directional signal and may produce false alarms.
· What you should do: Combine with trading volume and trend lines to judge whether to reverse or continue downward.

4) Whales are selling Bitcoin on exchanges, putting pressure on prices (Short-term impact)
· My interpretation: When whales transfer coins to exchanges, it usually indicates increased selling pressure, making short-term price stabilization difficult. 
· My reminder: Not every whale transfer is a sell-off, but in weak markets, they are more likely to realize profits.
· What you should do: Set tighter risk controls to avoid being swept away by whale movements.

5) Market fear and greed index drops to extreme fear (Short-term impact)
· My interpretation: Market participants are extremely pessimistic, with obvious shrinking trading volume in the short term. 
· My reminder: The sentiment index alone is not a trading signal; it’s just a thermometer of risk sentiment.
· What you should do: Use the sentiment indicator as an auxiliary reference, combined with price structure for more reliable signals.

6) Pepeto token presale exceeds $7.28 million (Long-term impact)
· My interpretation: In exaggerated fear, some projects can still raise funds, indicating that some assets remain speculative. 
· My reminder: Hot presales do not mean the mainstream market has recovered; many presale projects carry high risks.
· What you should do: Unless it’s a rare infrastructure project, retail investors should be cautious about participating in presales.

7) Layer-1 blockchain narratives diverge: institutional capital concentrates on Ethereum and Solana (Long-term impact)
· My interpretation: Institutions tend to focus on a few mature base-layer technologies and ecosystems. 
· My reminder: Narrative and actual capital distribution will gradually determine asset scarcity and attractiveness.
· What you should do: For long-term allocation, consider leading infrastructure projects rather than following low-quality chains.

8) Bitcoin has a high risk appetite, technical signals suggest deeper correction possible (Short-term impact)
· My interpretation: Mainstream analysis indicates that after Bitcoin breaks below the consolidation zone’s lower boundary, correction space opens up. 
· My reminder: Predictions are not absolute directions, but risks are significantly amplified.
· What you should do: Use range-bound stop-loss and take-profit in short-term trading to avoid overexposure.

9) Overall crypto market trading volume and market cap decline over 24 hours (Short-term impact)
· My interpretation: The decline in both trading volume and total market value indicates capital withdrawal and reduced liquidity. 
· My reminder: Reduced liquidity makes prices more prone to irrational volatility.
· What you should do: Prioritize mainstream assets with deeper liquidity and avoid low-liquidity tokens.

10) News of Trump raising global tariffs spreads to risk assets, affecting crypto sentiment (Short-term impact)
· My interpretation: Macro events spreading to crypto as risk assets increase volatility. 
· My reminder: Macro news can instantly change risk appetite, unrelated to on-chain fundamentals.
· What you should do: Monitor global macro data releases and implement risk controls for multi-asset correlation.