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BlockBeats News, February 27th, Swyxtx Chief Analyst Pav Hundal stated that the Ethereum price has already absorbed a significant amount of short-term uncertainty and may remain subdued in the coming weeks. “A significant amount of short-term uncertainty has been priced into Ethereum. I wouldn't be surprised at all if ETH remains quite subdued in the coming weeks,” Hundal said on Thursday. He added that events such as the escalation of the Iran issue and other geopolitical tensions, as well as the progress of the U.S. "Infrastructure Bill," have largely been absorbed by the price. Hundal noted that the $190 billion liquidation event in October still weighs on the market. “The October cascade liquidation wiped out $190 billion from the market, and now consumer sentiment has plunged to levels not seen since 2022,” he said. He believes that as traders focus on where the next wave of liquidity will come from, market sentiment is being overlooked. “For me, consumer sentiment is the untold big story that nobody really talks about.”

Glonghui, February 27｜One of the world’s largest public pension funds, Korea’s National Pension Service, recorded its best annual return ever in 2025, driven by a surge in semiconductor and artificial intelligence-related stocks. By the end of 2025, the fund managed assets totaling 1,458 trillion won (approximately $1.02 trillion), with an annual return rate of 18.82%, marking a record high for the third consecutive year. This surpassed the previous high of 15% set a year earlier and is the best performance since its establishment in 1988. The National Pension Service’s domestic equity portfolio led the gains, soaring by 82.44%, while overseas equity returns were 19.74%. Last month, the National Pension Service readjusted its 2026 asset allocation, raising its target allocation for domestic stocks amid a sharp rise in Korea’s KOSPI index. The fund also decided to reduce the originally planned scale of overseas stock reductions by about $20 billion.

BlockBeats News, February 27th: The market's expectation of the newly appointed Federal Reserve Chairman Wash implementing an immediate rate cut has cooled rapidly. The IMF expects the U.S. economic growth to rise to 2.4% this year, with the unemployment rate remaining around 4%, inflation gradually easing, and only a 25 basis points rate cut space in the next year. Interest rate futures indicate that the initial rate cut expectation has been pushed back from June to July. Meeting minutes also revealed that some officials have an open attitude towards raising rates again, indicating a marginal shift in the policy stance towards a more hawkish position. Meanwhile, the 30-year U.S. mortgage rate has fallen to 5.98%, dropping below 6% for the first time since 2022. While this helps improve housing affordability, amid resilient economic data, the market's expectations of significant easing have significantly diminished. The macro focus has shifted from "when will rates be cut" to "how long will high rates be maintained". On the crypto market front, there is a significant concentration of short positions in the 69,000–70,500 range above BTC, with strong support for long positions in the 66,000–66,500 range below. The price is currently oscillating around the midpoint of the range, exhibiting a typical liquidity tug-of-war structure in the short term.