#我在Gate广场过新年 As of February 20, 2026, the virtual currency market has entered a fragile consolidation phase with an unclear direction after experiencing a significant decline earlier. Market sentiment is cautious, with institutional investors reducing holdings or shifting to cash, awaiting clearer market signals.
Since the sharp drop on February 6, market confidence has been shaken, with the total market capitalization evaporating by approximately $2 trillion. Currently, major cryptocurrencies are fluctuating within narrow ranges, waiting for the next catalyst to break the deadlock.
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