0312 Bitcoin Daily Report#原油价格上涨 Due to growing concerns over energy shocks in the market, two cruise ships were attacked yesterday, causing oil prices to rise back to $100. In the Asian trading session, Bitcoin weakened in the early hours, dropping as much as 2%, and is currently trading below $70,000. The recent two-week trend has been consistent: positive news pushes Bitcoin higher from $71,000 to $74,000; negative news drags it down from $68,000 to $66,000, resulting in a net change close to zero. Data shows that the amount of supply in floating loss continues to increase, so every rebound is met with Bitcoin holders hoping to exit. However, compared to other assets, Bitcoin has shown resilience since the geopolitical events, maintaining overall stability. Analysts point out that the $70,000 level may see some profit-taking, leading to a consolidation phase. Due to the uncertain macro environment, oil price fluctuations, and geopolitical tensions, short-term risk appetite remains cautious. Derivatives trading head revealed that the funding rate for Bitcoin is currently negative, with an average of about 10 months of continuous negative funding. This phenomenon may indicate higher forward returns over a longer time horizon. Additionally, whales have been continuously increasing their holdings in the $60,000+ range. Overall, the conditions for a short-term rebound and correction are more favorable, but this does not necessarily indicate a one-time trend reversal upward.

Bitcoin bullish outlook Pull back to the 69650-69700 range for light long positions, avoid chasing highs. If the price breaks above 70000 with volume, add to positions. If it falls below the stop-loss level, exit decisively without holding the position. Target 70500 71500#IEA紧急释放4亿桶石油储备 $BTC

$BTC $ACX Explodes 93%… But the Biggest Holder Is Still Deep LOSS 🥶 REALLY... ACX just had a wild day. The token tied to Across Protocol suddenly ripped about 93% in 24 hours, pushing the price up to roughly $0.0644 ... basically revisiting levels we last saw around November last year. Sounds like great news, right? Well… not for the largest on-chain holder. One wallet, 0xDf53D43608c9546E103af98D95d12E1e4eB2A0D5 , currently sits as the number 1 individual/institutional holder (excluding exchanges and project wallets). And even after this massive pump, the address is still nowhere near break-even. Based on the proposed holding price floating around on-chain trackers, the wallet’s average entry sits near $0.3655 per token. Which is… pretty close to the historical peak zone. That's Meaning even after a 93% surge, the token would still need to climb roughly another 5.66× just for that holder to get back to even. The scale of the position makes it even more painful to look at. The wallet holds about 51.99 million #ACX tokens. At the time the position was built, that stack was valued around $19 million. and Today..... It’s worth roughly $3.1 million. So yes, ACX is pumping hard today… but for the biggest non-exchange holder, it’s still a long, long road back. CONCLUSION FROM OUR SIDE: Being a diamond hand in crypto sounds heroic on paper ...... until you’re staring at a position that’s shrunk by tens of millions and waiting for a 5× move just to break even.