#GateSquare$50KRedPacketGiveaway 1. Updated Price Context (Feb 2026)
While $68,000 was a 2021 high, in our current 2026 landscape, Bitcoin is actually recovering from a significant "freefall" that started after it hit a staggering all-time high of $126,000 in October 2025.
The "Relief" $68K: We aren't just testing a psychological level; we are testing the 0.5 Fibonacci retracement of the recent crash.
Current Sentiment: The Fear & Greed Index is actually flashing "Extreme Fear" (around 7–9) despite the price being at $68K. This suggests the market is "shell-shocked" from the 2025 drop, which o