Odaily Planet Daily News: Analyst Ali posted a detailed analysis on the X platform indicating that this cycle may have already entered a “reverse clone season” different from traditional patterns. Historically, clone seasons usually see Bitcoin’s rise followed by capital rotation into altcoins, driving a broad rally. However, the current cycle is more characterized by structural weakness and increased divergence among altcoins. Reviewing the cycle trends shows that Bitcoin bottomed around $15,000 after the FTX incident in November 2022, then entered a bull market, reaching a high of approximately $126,000 near October 2025. During this period, the market did not experience a typical widespread altcoin rally. Most altcoins broke long-term trend channels, lost key support levels, and experienced increased downward volatility. In this environment, market opportunities are more focused on structural divergence and two-way trading rather than a one-sided rally. From a market structure perspective, it appears to be a phase of selective deleveraging and valuation reversion for alt assets, rather than a traditional full-scale altcoin bull market. In the short term, the market may continue to exhibit divergence, and the structural downside risks have not yet been fully realized.
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
U.S. Bitcoin Spot ETF saw a net outflow of $206.6 million in February
BlockBeats News, March 1st, according to Farside Investors monitoring, U.S. Bitcoin spot ETFs experienced a net outflow of $206.6 million in February. Among them:
· FBTC outflow of $277.6 million; GBTC outflow of $169.9 million; IBIT outflow of $150.4 million;
· BTC inflow of $198.3 million; BITB inflow of $114.4 million.
GateNews9m ago
Bitwise: Bitcoin investors need to hold for at least 3 years to avoid losses, with nearly a 50% chance of loss from short-term trading
Analysis by Bitwise Asset Management shows that holding Bitcoin for at least three years reduces the probability of loss to 0.70%, and five years lowers it further to 0.2%. In comparison, investors holding for less than three years face a higher risk of loss. The current Bitcoin price is around $65,000, but investors holding for three to five years still have a 90% unrealized profit.
GateNews18m ago
Bitcoin Did Not Crash Because of Jane Street, Galaxy Research Says - U.Today
Alex Thorn from Galaxy Research dismissed claims that Jane Street caused Bitcoin's price crash, labeling such theories as "Twitter cope." He argued that negativity from Wall Street about Bitcoin is misguided but real, emphasizing the lack of incentive for Jane Street to suppress prices.
UToday20m ago
Ethereum's first-quarter return is currently -32.17%, and Bitcoin's is -23.21%.
Odaily Planet Daily reports that according to Coinglass data, Bitcoin's first quarter 2026 return is currently at -23.21%, marking the third-lowest quarterly return since 2013, well below the historical first quarter average return of 45.90%. Additionally, Ethereum's first quarter 2026 return is currently at -32.17%, the third-lowest record since 2016, far below the historical first quarter average return of 66.45% and the median return of 4.37%.
GateNews34m ago
Bitcoin on-chain NFT transactions sharply contracted, with February sales dropping below $25 million, marking the lowest record since March 2023.
In February 2026, Bitcoin on-chain NFT sales amounted to approximately $24.44 million, setting the lowest monthly record, with a trading volume of 50,854 transactions; meanwhile, Ethereum on-chain NFT sales rebounded to over $200 million, reaching a new monthly high, with a trading volume of 152,632 transactions.
GateNews1h ago
Whale "pension-usdt.eth" Closes BTC Long Position with $466K Profit
Gate News bot message, Whale "pension-usdt.eth" has closed his $BTC long position, securing a floating profit of $466K. Previously, after Israel's attack on Iran triggered a sharp market drop, the whale had opened a $BTC (3x) long position of 1,000 $BTC and was facing a floating loss exceeding $3.3M
GateNews1h ago
