Markets Resetting Now: Top 5 Altcoins Positioned for a Powerful Q3 Breakout

BTC 15-minute slight increase +0.02%: Panic marginal recovery and quantitative capital short-term resonance driving the move

2026-02-24 03:00 to 03:15 (UTC), BTC price recorded a K-line return of +0.02% after a period of high volatility. The short-term performance was a slight oscillation with a slight upward trend, and market attention continued to be cautious under the previous macro and regulatory pressures. Trading volume significantly declined compared to the previous day, volatility reached a low point in the stage, and the overall market trend was mainly sideways. The main driving force behind this anomaly was the marginal recovery after extreme panic the previous day, as well as active intervention by quantitative funds and high-frequency arbitrage strategies. On February 23, macro events such as the US imposing additional tariffs and regulatory policies remaining undecided triggered a short-term reaction in BTC.

ETH short-term pullback: capital outflow and structural decline resonate, 15-minute return -0.64%

On February 24, 2026, from 03:00 to 03:15 (UTC), ETH recorded a -0.64% candlestick return during a peak liquidity period, showing a continuous slight decline. In the context of the recent overall bearish market, ETH's price tested the lower support level during this period with no effective rebound, and increased volatility has attracted market attention. Although the short-term decline is not extreme, it reflects the overall pressure on mainstream cryptocurrencies. The main drivers of this movement are the continuous outflow of large-scale funds and structural technical declines. Capital net outflows over the week, represented by stablecoins, ETFs, and derivatives, exceeded $2.5 billion, leading to a decrease in buying interest.

PI (Pi) increased by 3.58% in the past 24 hours

Gate News Bot Message, February 24th, according to CoinMarketCap data, as of press time, PI (Pi) is trading at $0.16, up 3.58% in the past 24 hours, with a high of $0.19 and a low of $0.16. The current market capitalization is approximately $1.511 billion. Pi is the first digital currency that can be mined on a mobile phone. It achieves mining on mobile devices through groundbreaking technology without draining the battery. PI adopts a decentralized design, providing a secure, tamper-proof, and interoperable digital currency; it also features a mobile-first approach, requiring no significant power consumption, and is user-friendly and easy to use. Users can start mining through a free mobile app, and simply need an invitation from an existing trusted member in the network to download the app and join. ### Important recent news about PI: 1️⃣ **Price rebound trend gradually established**

ETH falls below $1900! Behind the 22% plunge, Vitalik's "Five-Year Tightening" strategy

Currently, the Ethereum (ETH) market is experiencing a deep correction, mainly due to capital outflows and technical adjustments. Institutional investors are highly risk-averse, with whale sell-offs and founder holdings reduction intensifying market panic. The Ethereum Foundation has adopted a defensive financial strategy to ensure funding for technological development, while also planning internal network reforms to address centralization risks. Regulatory pressure is also increasing, as the EU is about to implement strict compliance standards that could impact the DeFi market. Overall, Ethereum is going through a phase of short-term pain coupled with long-term structural adjustments.

BitMine increases ETH holdings to 4.42 million coins, Fundstrat predicts an 87% win rate

BitMine (BMNR) purchased 51,162 Ethereum last week, marking the largest single-week increase since December of last year, bringing its total ETH holdings to 4.42 million. Research firm Fundstrat reports that ETH's current trading price is approximately 22% below the on-chain average cost basis for investors, with an implied 12-month return of 81% and a historical win rate of 87%.

F2Pool Co-Founder Wang Chun: ETH once rebounded to $4,956 within 4 months; investors should not be swayed by short-term panic emotions.

F2Pool co-founder Wang Chun pointed out that Ethereum briefly dropped to $1,386 in 2025 before quickly rebounding, emphasizing market cyclicality and warning investors not to be influenced by panic emotions. At the same time, he reaffirmed the core role of miners in the Bitcoin network, stating that they are an important force in maintaining network security and stability.