Research

Gate Research Weekly Report: BTC has reclaimed $65,000 but remains capped by resistance at $66,000–$68,500, with prices likely to range between $60,000 and $70,000 in the near term. ETH has moved back above $2,000 but continues to trade within a descending channel, facing resistance at $2,050–$2,150. Altcoin sentiment has improved, though the broader market remains in “extreme fear.” CRYPTOBURG surged on exchange listing and airdrop expectations, while MBX and POWER gained on trading momentum and speculative flows. Nvidia’s Q4 revenue rose 73% year-over-year, reinforcing the AI narrative; Bitcoin funding rates turned negative, and short liquidations intensified positioning dynamics; Jane Street faces insider trading allegations, sparking regulatory debate. This week’s focus includes ZachXBT’s investigative report, Ethereum’s seven-fork Strawmap roadmap, and Circle’s better-than-expected earnings. Next week, watch for unlock pressure from SUI, JUP, and GRASS.

Gate Research Weekly Report: BTC has reclaimed $65,000 but remains capped by resistance at $66,000–$68,500, with prices likely to range between $60,000 and $70,000 in the near term. ETH has moved back above $2,000 but continues to trade within a descending channel, facing resistance at $2,050–$2,150. Altcoin sentiment has improved, though the broader market remains in “extreme fear.” CRYPTOBURG surged on exchange listing and airdrop expectations, while MBX and POWER gained on trading momentum and speculative flows. Nvidia’s Q4 revenue rose 73% year-over-year, reinforcing the AI narrative; Bitcoin funding rates turned negative, and short liquidations intensified positioning dynamics; Jane Street faces insider trading allegations, sparking regulatory debate.

On February 25, the crypto market saw a technical rebound, but overall conditions remain range-bound and largely driven by market sentiment, with BTC and ETH showing short-term recovery while medium-term direction remains unclear. Capital continues to rotate into high-narrative assets, with ENSO, ESP, and POWER strengthening on catalysts tied to cross-chain execution infrastructure, unified interaction layers, and funding tailwinds, respectively. Structurally, Ethereum RWA market capitalization has surpassed $15 billion, signaling accelerating real-world asset tokenization, while Gate continues to укрепen its spot and derivatives market share and advance TradFi and AI trading features—highlighting infrastructure build-out and compliance as key medium- to long-term themes.

Gate Research Daily Report: On February 25, the crypto market saw a technical rebound, but overall conditions remain range-bound and largely driven by market sentiment, with BTC and ETH showing short-term recovery while medium-term direction remains unclear. Capital continues to rotate into high-narrative assets, with ENSO, ESP, and POWER strengthening on catalysts tied to cross-chain execution infrastructure, unified interaction layers, and funding tailwinds, respectively. Structurally, Ethereum RWA market capitalization has surpassed $15 billion, signaling accelerating real-world asset tokenization, while Gate continues to укрепen its spot and derivatives market share and advance TradFi and AI trading features—highlighting infrastructure build-out and compliance as key medium- to long-term themes.

Gate Research Daily Report: Affected by factors including Trump’s proposed 15% global tariffs, Bitcoin lacks strong upward momentum. Ethereum continues to consolidate near its 20-day low, with multiple momentum indicators still pointing to a weak market structure. PIPPIN rose 16.62%, mainly driven by strong speculative buying and community momentum. POWER gained 12.05%, largely fueled by leveraged trading activity. Anthropic’s announcement on automating COBOL system modernization triggered an 11% drop in IBM’s share price. ZachXBT is set to release a major investigation, with prediction markets and Trump-related projects expected to face scrutiny. Vitalik sold 10,700 ETH this month at an average price of $2,027, drawing market attention.

In January, BTC and ETH trading volumes generally fluctuated at elevated levels. Market sentiment shifted from a recovery phase toward caution, with limited trend persistence. Stablecoin market capitalization across major blockchains remained highly concentrated, with Ethereum accounting for more than half of the total. Gold and silver prices reached record highs, while the market cap of tokenized commodities surpassed $5 billion. Prediction markets recorded a new monthly high of $12 billion in trading volume, with both activity and fees expanding in tandem. The Web3 industry completed 53 funding rounds in January, with capital primarily flowing into blockchain services and the CeFi sector. Smart contract vulnerabilities continued to be the leading source of Web3 security risks.

As major crypto exchanges increasingly expand their traditional asset offerings through quote based CFD modules, Gate not only provides traditional asset CFDs, but also brings stocks, metals, indices, FX, and commodities into a unified orderbook perpetual futures system. This structure retains the same matching and funding rate framework used in crypto perpetuals. With transparent order matching, visible depth, and maker and market making functionality, Gate strengthens market driven price discovery and liquidity structure transparency for traditional assets, making it easier to reuse APIs and quantitative strategies across multiple asset classes. As competition in traditional asset trading shifts from product expansion toward trading mechanisms and infrastructure, Gate’s unified orderbook architecture across asset categories provides greater runway for further multi asset expansion and a more standardized future trading model for real world assets.

Gate Research: On February 13, BTC traded with a weak consolidation bias, briefly dipping to USD 65,230 before stabilizing and hovering in the USD 65,400–65,600 range; ETH failed to hold above USD 1,980 and pulled back, currently consolidating weakly between USD 1,910–1,930; GT retreated after a prior rebound, oscillating around USD 6.90; BTR surged +63.33% over 24 hours, becoming the market standout amid renewed Bitcoin ecosystem momentum. On the macro front, Standard Chartered lowered its long-term price targets for BTC and ETH, Vitalik emphasized that crypto applications should refocus on product fundamentals, and the acquisition of Northern Data’s mining business by entities linked to Tether executives drew market attention.

Gate Research Daily Report: On February 13, BTC traded with a weak consolidation bias, briefly dipping to USD 65,230 before stabilizing and hovering in the USD 65,400–65,600 range; ETH failed to hold above USD 1,980 and pulled back, currently consolidating weakly between USD 1,910–1,930; GT retreated after a prior rebound, oscillating around USD 6.90; BTR surged +63.33% over 24 hours, becoming the market standout amid renewed Bitcoin ecosystem momentum. On the macro front, Standard Chartered lowered its long-term price targets for BTC and ETH, Vitalik emphasized that crypto applications should refocus on product fundamentals, and the acquisition of Northern Data’s mining business by entities linked to Tether executives drew market attention.

In January 2026, the public chain landscape showed structural reallocation rather than an overall cooldown, with on-chain activity concentrating in high-frequency and high-efficiency networks. Solana maintained strong activity levels, Ethereum reinforced its role as a settlement layer, and Base expanded on the back of narrative-driven momentum, while some traditional L2s and sidechains weakened. Market capital allocation logic is increasingly shifting toward real usage efficiency. On Bitcoin, price action continues to oscillate around the short-term holder cost basis, with profit-taking cooling and selling pressure easing. Stress remains concentrated among short-term holders, while long-term holder structure stays intact, suggesting a mid-cycle consolidation rather than a trend reversal. At the project level, the rebound in Solana meme activity has reignited launchpad ecosystems. Pump.fun remains dominant, while Bags App has scaled rapidly through its novel “donation-driven” mechanism, leaving the sector in a

Gate Research Weekly Report: Following the sharp market sell-off, prices have entered a phase of corrective consolidation. BTC and ETH remain capped by mid-term moving averages, with rebounds lacking sufficient volume support. Within altcoins, capital has shown a tentative rotation into high-beta sectors such as AI Meme and AI Framework. Net inflows from new Bitcoin investors have turned negative, suggesting that selling pressure has yet to be fully absorbed by fresh demand. Meanwhile, Ethereum’s staking ratio has surpassed 30%, reaching a record high. While this reinforces ETH’s positioning as a yield-bearing asset, it also implies a contraction of trading liquidity, the structural implications of which warrant continued monitoring. The convergence between stablecoin infrastructure and macro interest rates is accelerating, as Zerohash advances the adoption of stablecoin payments on Layer 1 networks.

Gate Research Weekly Report: After a sharp sell-off, the market has entered a consolidation phase, with BTC and ETH still capped by key moving averages. Capital is rotating back into high-beta sectors such as AI, signaling a modest recovery in risk appetite. Ethereum’s staking ratio has surpassed 30%, reaching a new all-time high and pointing to ongoing supply contraction and a rebalancing of liquidity structures. Zerohash’s integration with Monad and USDC is advancing the deployment of stablecoin payment infrastructure at the L1 level. Tether’s U.S. Treasury holdings continue to expand, accelerating the integration of stablecoins into the short-term interest rate system. Overall crypto market capitalization continues to decline, indicating that the market remains in a near-term de-risking phase. Meanwhile, Anchorage has completed a strategic financing round of approximately $100 million, with participation from Tether.

Gate Research Daily Report: On February 11, the crypto market remained under downward pressure, with major assets trading in a weak consolidation range as BTC and ETH hovered at elevated levels without clear directional momentum. On the thematic front, capital continued to rotate into high-narrative trades: POWER surged on strong volume driven by the Web3 incentive-layer narrative and ecosystem partnership developments; PIPPIN rebounded sharply on the back of AI creator IP momentum and sentiment recovery; while SONIC strengthened amid the SVM expansion narrative and intensified community exposure. Structurally, the tokenized Treasury market surpassed $10 billion in size, reinforcing RWA’s role as a foundational asset within on-chain finance, while Gate TradFi’s cumulative trading volume exceeded $33 billion.

Gate Research: Over the past week, BTC entered a low-level consolidation and recovery phase following a sharp sell-off. The rebound has been capped by weak momentum and insufficient volume, pointing to a technical rebound rather than a trend reversal. ETH recorded a larger weekly decline than BTC, with deleveraging pressure more concentrated. By contrast, H has surged approximately 41.94% over the past seven days, emerging as the standout outperformer of this cycle. Meanwhile, on-chain capital flows over the past week have shown clear signs of one-sided concentration and deleveraging. Triggered by the sharp market downturn, Aave whales moved to repay loans and top up collateral under liquidation pressure, driving stablecoins and settlement capital back to the Ethereum mainnet and resulting in net inflows of approximately USD 1.1 billion.

Gate Research Daily Report: Bitcoin’s $69,000–$71,000 range is the key zone for bulls to validate the sustainability of the rebound. Ethereum is gradually stabilizing at lower levels, with MACD turning bullish and price moving toward the upper Bollinger Band, signaling a clearer short-term technical recovery. News circulating on X has intensified retail FOMO, driving ZKP up 32.80% over the past 24 hours, while SAFFRONFI surged more than 40%, mainly due to increased short-term trading activity. Bitcoin selling pressure has temporarily eased, but a durable market recovery will require a revival in spot demand. A crypto market structure bill may pass within the next few months, with stablecoin yields emerging as the key point of contention. Meanwhile, Jump Trading plans to exchange liquidity provision for minority equity stakes in Kalshi and Polymarket.