 ▲ Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) / ChatGPT-generated image |
As Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) establish themselves as the three powerful pillars of the crypto asset market, the fear index has fallen to an all-time low, signaling a possible entry into a historic market bottom.
Altcoin Daily, a cryptocurrency-focused YouTube channel, said in a video released on February 8 (local time) that although the current market sentiment index remains at an extremely fearful level of 6, the present moment of peak uncertainty could instead serve as a turning point for a rebound. Paul Atkins, nominee for Chair of the U.S. Securities and Exchange Commission, is moving away from previously heavy-handed regulatory approaches and supporting the swift processing of the CLARITY Act passed by the House of Representatives, laying the groundwork for institutional capital inflows.
U.S. President Donald Trump is further detailing plans to include Bitcoin as a U.S. strategic reserve asset, with reports indicating purchases around the $60,000 level. While recent disclosures related to Jeffrey Epstein have fueled negative sentiment toward early crypto companies, the technological value remains unaffected. Analysts at Charles Schwab stated that a local Bitcoin bottom has been confirmed and that institutional investors have begun increasing their long positions.
Ethereum is demonstrating overwhelming network activity, with monthly active addresses reaching a record high of 15.19 million. While 4 million ETH sit in the staking queue, only 32,000 ETH are awaiting withdrawal, indicating minimal selling pressure. Global financial giants such as BlackRock, Fidelity, and JP Morgan are leading the formation of Ethereum ecosystem dominance by implementing tangible financial products on the blockchain beyond spot Ethereum ETFs.
Bitcoin is evolving into a global digital private monetary system and a new layer of the internet, serving as core infrastructure supporting commerce between artificial intelligence agents. Anthony Scaramucci, founder of Scaramucci Partners, described the current price correction as a normal phase for early-stage growth assets and announced plans for additional purchases. Bitcoin is moving beyond a simple investment vehicle to establish a rules-based monetary system that is reshaping the foundation of the digital economy.
The crypto asset market is being reorganized around a strong trio of Bitcoin, Ethereum, and Solana, which are expected to play central roles in autonomous economic activity. As futures market funding rates have entered negative territory and long-position liquidations have completed, overall market health has improved. These indicators, emerging at a point of maximum uncertainty, are interpreted as precursors to a powerful upward rally ahead.
*Disclaimer: This article is for investment reference only, and no responsibility is assumed for investment losses based on its contents. The information should be interpreted solely for informational purposes.*