#财神每日币圈资讯 March 23rd 1. Bitcoin Market: Bitcoin continues its decline with an intraday high of only 69,540, low of 67,300, now closing at 67,885 USD, breaking through the key support level of 68,000; ETH's low reached 2,023 USD, now trading at 2,055 USD 2. Altcoin Market: With Bitcoin weakness, altcoins showcase diverse performance. SIREN becomes the "shiniest star," surging 400% intraday with a high of 4.66 USD, now trading at 2.25 USD with significantly increased volume; BR surged over 400% intraday, reaching 0.263 USD, now at 0.108 USD; JCT up over 55%; LYN up over 40%, trading at 0.09 USD; RIVER up 20%, reaching 30 USD, is it back?; "Lobster" up 13%, trading at 0.011 USD; Mainstream altcoins follow Bitcoin's decline, SOL down 0.72% at 86.3 USD; DOGE down 1% at 0.09 USD 3. Adjacent Markets: Gold opened down 3% at 4,429 USD and continues falling; silver opened down 2.8%, closing at 67.7 USD; New York WTI crude opened higher but closed lower, reaching a high of 101.5 USD, now trading at 98.4 USD. 4. Time-sensitive News: Day 23 of the US-Iran conflict. Iran outlines principles for Strait of Hormuz passage, stating that vessels belonging to the US, Israel, and other invading countries do not meet normal and non-hostile transit conditions; Iran will handle them accordingly by law; Iran proposes 4 "punitive" measures in response to Trump threats 5. Financial Information: Asia-Pacific stock markets plunge. The Korea Exchange activated the KOSPI index circuit breaker mechanism after KOSPI 200 futures fell 5%, with program trading suspended for 5 minutes. Nikkei 225 index decline expands to 4% 6. Crypto News: Attackers exploited a vulnerability in Resolv Labs' USR stablecoin, illegally minting 80 million tokens, causing it to deviate from its 1 USD peg. Attackers have cashed out at least 25 million USD, highlighting serious defects in the protocol's minting control mechanism and causing significant losses to USR holders 7. Crypto News: NYSE fully cancels industry-wide cryptocurrency ETF options trading limits 8. Crypto News: Today's Fear and Greed Index fell to 8, level remains at extreme fear #创作者冲榜

Bitcoin Analysis $BTC once again failed to close the weekly candle above the $72K range high, which is a concern. That was one of the main reasons I decided to close my long position, along with the second factor being the ongoing war between the United States, Israel, and Iran. I’ve made it clear that a range is forming, and I expect Bitcoin to continue trading sideways between $54K and $72K. This phase is not bullish. It is a preparation phase for what comes next. My expectation remains the same: after this consolidation, Bitcoin is likely to break down from the range and move toward $44K–$50K or even lower in the coming months. To understand this better, look back at 2024. Bitcoin spent nearly a full year consolidating between $58K and $74K. At that time, I explained that this range would act as a future reference zone in the next bear market. Now in 2026, price has returned to that same structure. In a bear market, previous consolidation zones act as structure, not support, and structure eventually breaks. Why buy in a bear market? Because markets do not move in straight lines. Even in downtrends, there are strong counter-trend rallies. For example, in 2022, Bitcoin dropped from $68K to $33K, then rallied to $48.5K before continuing down to $16K. These moves exist to build liquidity before the next leg down. That’s why I still expect the final bottom below $50K. Macro Pressure The current downside is also being driven by geopolitical risk. Tensions between the United States, Israel, and Iran have escalated, especially around the Strait of Hormuz, a key route for nearly 20% of global oil supply. With Iran restricting access and the U.S. escalating military actions, Crude Oil has surged above $110, increasing inflation fears. This is pushing markets into a risk-off environment, where investors move away from risk assets like Bitcoin, leading to panic selling, liquidity grabs, and reduced capital inflow into crypto. Strategy Update My strategy remains unchanged. I previously warned near $124K that the market was overheated. I opened a short around $118K and added more near $97K, bringing my average entry to $104K. I have already closed 50% of that short at $72K and still hold the remaining position. My long from $68K has now been closed at breakeven. I will look to re-enter long positions below $60K if the market dips further. If Bitcoin rallies into the $80K–$85K resistance zone, I plan to open additional short positions, as that area is likely to act as a distribution zone depending on how the market structure develops. #BitcoinSupportAndResistanceAnalysis #CryptoMarketVolatility #Gate13thAnniversaryGlobalCelebration $BTC ‌

Come on, how much are you planning to make? $BTC $GT $ETH #Gate13周年全球庆典