The past week on the cryptocurrency market was marked by volatility and contradictory signals. After the February correction, the first signs of stabilization appeared, supported by capital inflows into ETF funds, but geopolitical tensions and the very low level of investor sentiment still limited the potential for a more visible rebound. As a result, BTC and ETH remained in a consolidation phase and the market tried to find a new balance point after previous declines. Here’s a summary of Sebastian Selig’s week with zondacrypto.
Bitcoin rate and ether rate
Over the past few days, the cryptocurrency market has been operating in an environment of increased volatility. Investor behavior was simultaneously influenced by macroeconomic factors, geopolitical tensions and changing institutional capital flows related to ETF funds.
Bitcoin traded in a broad range of $62.5-73,000 for most of the week, reacting to both deterioration in global market sentiment and short-term liquidity impulses from the derivatives market. Ether remained near the $2,000 level.
Everything that happened was a reaction to the increase in geopolitical tensions and increased uncertainty in financial markets, which often go into risk reduction mode at such moments. Cryptocurrencies were no exception in this case – some investors decided to reduce their exposure, which led to a rapid price drop.
However, the downward movement turned out to be short-lived. In the following days, the market recorded a dynamic rebound, supported by high activity on the derivatives market. A particularly important factor was the liquidation of short positions worth more than USD 588 million, which led to a short-term phenomenon known as a short squeeze.
In practice, this meant that traders with declining positions were forced to close them, which increased demand and accelerated the price increase. As a result, bitcoin approached the level of USD 70,000 again, and the market returned to the consolidation phase observed after the February correction.
Ethereum, at the same time, showed greater relative stability. The price started the week near $1,925 and reached a local high above $2,161 midway through the week.
At the same time, the total capitalization of the cryptocurrency market remained around USD 2.38 trillion, which suggests stabilization after the previous period of deleveraging and reducing investor exposure.
Institutional capital and flows in ETFs
The IBIT fund managed by BlackRock had the largest share in new investments, attracting approximately USD 263 million in new funds.
In early March, Bitcoin ETFs recorded another capital inflow, this time amounting to approximately USD 458 million, which further helped to stabilize the market and limit selling pressure.
Ethereum-based funds attracted approximately $80.2 million in new investments over the same period, indicating continued interest from institutional investors in exposure to the second-largest cryptocurrency.
The market background was also influenced by regulatory and industry events. The information about Crypto.com obtaining a conditional banking license can be interpreted in a similar direction, which is another signal of the growing institutionalization of the industry.
Ethereum and the new map
In the week under review, there was also information about the technological development of individual blockchain ecosystems. The Ethereum Foundation presented an updated network development roadmap, including seven planned protocol updates by 2029, which will focus mainly on improving the scalability and optimization of the network infrastructure.
Investor sentiment and the situation on the European market
Despite local increases, market sentiment remained cautious. The Crypto Fear & Greed Index dropped to 10 in the analyzed week, which indicates a state of extreme fear on the market.
Although there were no new major product announcements in the week under review, the platform continued image-building activities based on sponsoring sports events and communicating the ecosystem development roadmap for 2025-2026.
Planned development directions include, among others, the development of the social trading function, expansion of social tools and further expansion of the platform on European markets.
Weekly summary
The week of February 27 – March 6, 2026 brought a mixed picture for the cryptocurrency market. On the one hand, positive capital flows to ETFs and a rebound in the prices of main assets suggested the return of some institutional investors.
On the other hand, geopolitical tensions and the very low level of sentiment indicators indicated the continued caution of market participants.
As a result, the market remained in a phase of consolidation and increased volatility, typical of transition periods between clear market trends.
Context for next week
In the coming week, market participants’ attention may focus primarily on further capital flows into ETF funds and on technological events in individual blockchain ecosystems. Investors will also monitor the development of the geopolitical situation and changes in global market sentiment, which have clearly influenced the short-term volatility of cryptocurrencies in recent weeks.
The persistently low level of sentiment indicators suggests that the market is still in the phase of rebuilding confidence after previous declines. In such conditions, even small changes in capital flows or market narrative can quickly lead to more pronounced price movements.
