Trading

On Feb. 27, Bitcoin's push toward $70,000 faded as sellers capped rallies, though several analysts see limited near-term downside. SoSoValue data shows spot BTC ETFs attracted $1.01 billion in inflows since Tuesday, while Willy Woo expects consolidation and resistance in the mid-$70,000s. Swyftx's Pav Hundal sees Ether range-bound for weeks.

A cluster of Polymarket wallets has made confident company‑earnings bets focused on firms audited by KPMG. Analysts observed concentration across 155 prediction pairs and wagers placed shortly before public disclosures. In February, prediction markets handled about $21B in volume, with Polymarket at $7.34B, both lower than January levels of over $26B and $7.6B.

On Tuesday, February 24, trader Jussy said on X that if Solana loses the $76.57 support, a bear flag developing since early February 2026 could resolve lower toward $37.88, with risk extending to $30. He also flagged a four-hour triple top implying $61.73 on a breakdown, while CoinMarketCap data show SOL is down over 38% year to date and recently bounced above $86.

Bitcoin is registering a familiar bottom signal as the supply-in-profit/loss ratio returns to zones seen at past capitulations. Analysts differ on the path ahead: Willy Woo cites weak spot and futures liquidity and maps outcomes from a typical floor near $45,000 to stress-driven $30,000, with $16,000 only under severe macro shifts. BTC trades at $65,928.14, down 1.7% daily and 26.3% over the past month.

On February 27, 2026, Amazon.com, Inc. said it would invest $50 billion in OpenAI as part of the AI firm's $110 billion private funding round, valuing OpenAI at $730 billion pre-money. The multi-year arrangement also designates Amazon Web Services as OpenAI's exclusive third-party cloud provider and expands OpenAI's AWS usage by $100 billion over eight years. Amazon shares traded around $208.21 with a modest intraday gain and a market cap near $2.218 trillion following the announcement.

On February 27, 2026, $8.7 billion in Bitcoin and Ethereum options are scheduled to expire on Deribit, potentially amplifying volatility. According to Deribit, Bitcoin accounts for $7.7 billion in notional exposure and Ethereum about $975 million, with max pain levels at $75,000 and $2,200.

Bitcoin fell to about $65,950 after failing to hold the $70,000 area, while several analysts project the current bear phase could extend into late 2026. Based on on-chain metrics, past cycle durations and exchange reserve trends, they outline possible bottom zones between roughly $30,000 and $45,000, with some models clustering lows around the fourth quarter of 2026.

The U.S. Bureau of Labor Statistics reported the Producer Price Index for final demand increased 0.5% in January 2026, lifting the unadjusted annual rate to 2.9%. Services rose 0.8% while goods slipped 0.3% on weaker energy. Bitcoin traded at $66,115.41, down 2.95% in 24 hours, as one-year inflation expectations registered 3.4% in February.

Terra Classic's LUNC surged up to 40% over recent days after a lawsuit was filed by the bankruptcy administrator overseeing Terraform Labs' wind-down. The complaint, brought in Manhattan, targets Jane Street over alleged May 2022 trades; LUNC later peaked near $0.00004947 before dropping 15.6%, with some traders shifting attention to the Bitcoin Hyper (HYPER) presale.

U.S. margin balances reached $1.279 trillion in Jan‑2026, a $53.445 billion increase from Dec‑2025, underscoring the leverage behind Bitcoin's advance. The U.S. Treasury's Feb. 4 guidance outlined up to $38B in liquidity buybacks and $75B for cash management, shaping collateral conditions as recession‑leaning indicators and policy timing keep risk correlations elevated.