The market has taken a beating, but the structure is starting to change. $BTC had four straight months of ETF net outflows from November 2025 to February 2026, while major DeFi exploits added to the pressure and the meme sector dropped as much as 82% from its highs. Now $BTC is up 23.9%, $ETH 30.4%, and $SOL 44.3% over 30 days. ETF flows have recovered, the meme market is up around 55% from its lows, and DeFi TVL is showing signs of bottoming. To me, this looks more like structural recovery than euphoria. I’m watching the market closely on BingX, but I’d still want stronger confirmation before calling a new bull market. #CryptoMarket #Bitcoin