Crypto Willy's Weekly Wrap: Bitcoin Eyes 70K, Ethereum Surges 12 Percent, and the Clarity Act Deadline Looms

Blockchain Investing Strategies: Cryptocurrency Trading Guide podcast. Hey folks, Crypto Willy here, your best buddy diving deep into blockchain investing strategies and this wild week's crypto trading action. Kicking off the week of February 28, 2026, Bitcoin's been a rollercoaster, dipping to $62,557 before slamming back up 7.8% to $68,200, flirting with that juicy $70k mark, per Binance's latest market analysis. Ethereum stole the show with a 12.6% surge to $2,045, smashing past $2,000 after hitting lows around $1,805—stronger rebound than BTC, thanks to technical oversold signals like RSI at 25.71 since July 2022. Santiment's This Week in Crypto summary nails it: retail optimism flipped net positive despite BTC at $65.5k and ETH in the low $1,900s, but whales and sharks are sitting tight, no big buys yet. That's your classic retail trap—don't chase those news pumps; wait for volatility to chill, as their analysts advise. Coin Metrics reports thinner liquidity amplifying shocks, with spot BTC order books down to $15-25M depth, ETF outflows hitting $4B YTD, and Coinbase Premium negative since November 2025. But hey, US spot Bitcoin ETFs flipped to a $257.7M inflow on February 25, breaking six weeks of bleeds, boosting Coinbase, MARA, and Circle stocks. Funding's cooling too—RootData stats show February crypto raises dropped 19.3% to $864M across 63 deals, cash piling into stables like Tether's $150M Gold.com bet and $100M Anchorage play, plus Mirae Asset snapping up Korbit for $93.82M. Jane Street headlines hyped optimism, but all eyes on tomorrow's March 1 Clarity Act deadline—could spark the rebound if it greenlights bipartisan structure, as Summer Mersinger from the Blockchain Association cheered after that White House crypto meet. Trading guide time: BTC's got support at $66k-$66.5k turning resistance, resistance at $69.5k-$70k—watch for volume breakouts or pullbacks in that daily down-channel. ETH holds $1,900-$1,950, eyes $2,100-$2,150 next. Short squeezes liquidated $323M mostly shorts, per Binance, with Fear & Greed at 11 still screaming caution. Strategy? Dollar-cost average dips, stack sats on ETF flow reversals, avoid leverage till Clarity Act drops—structural tokenization and onchain rails are the real long play, says Coin Metrics. Thanks for tuning in, pals—catch you next week for more! This has been a Quiet Please production, and for me, check out QuietPlease.ai. Stay stacked! Get the best deals https://amzn.to/3ODvOta This content was created in partnership and with the help of Artificial Intelligence AI.