3月26日，木頭姐Cathie Wood旗下的Ark Invest基金大規模拋售科技股和加密ETF，涉及英偉達約155,441股、META約76,622股，以及40.8萬股比特幣ETF和近20萬股Bullish股票。

Bitcoin price fluctuates around $70,700, with a monthly gain of approximately 10%. Retail investors and whales are simultaneously accumulating Bitcoin, with a surge in capital inflows, but this could bring selling pressure. Derivatives markets show bullish sentiment, yet spot selling pressure may trigger liquidations. The key technical support level is at $70,700, requiring close attention to market dynamics.

According to Hyperinsight monitoring, on March 25th, ETH rebounded after touching $2,100, with bullish positions opening at $61.61 million and bearish positions opening at $16.81 million. 10 whales opened long positions and 4 opened short positions, with the largest long position from a whale starting with 0x049, using 20x leverage with a position size of $20.07 million. The greatest liquidation pressure comes from the 0x965 whale.

Goldman Sachs analysis of recent gold price declines is attributed to interest rate expectations and market volatility, viewing this phenomenon as consistent with historical trends. The firm predicts gold will reach $5,400 per ounce by year-end, supported by central bank purchases to meet asset diversification needs.

BlockBeats news: On March 25, Arthur Hayes posted on social media stating that the current market is full of illusions about a positive future outlook. While he personally hopes the killing stops, he will not buy risk assets here.

Pi Network（PI）price is hovering at $0.188, with a minor intraday decline but a monthly gain of 11.6%. Technical analysis shows the market facing a turning point, with bullish signals and a cup-and-handle pattern present. However, short-term momentum depends on the PISI indicator, which is currently near neutral, indicating that PI has not yet formed a strong uptrend. Key resistance is at $0.200, and a breakout could potentially drive further gains to $0.246. The market still needs to wait for capital flow changes to drive a breakthrough.

CME data shows that the probability of Federal Reserve rate cuts has dropped to zero, while the probability of rate hikes has increased to 12.4%. Market interest rate expectations have undergone rapid repricing, causing Bitcoin's price to fall back to $68,739. Rising crude oil prices and increased inflation expectations have further diminished the appeal of crypto assets. Analysts remind that the higher the probability of rate hikes, the lower institutional interest in Bitcoin, with the market facing pressure in the short term.

March 20: The three major U.S. stock indices fell collectively, with precious metals also under pressure, and the overall market showing weakness. SanDisk (SNDK) rose 2.44% against the trend, reaching a new high at $774. Among on-chain bullish whales, the largest position holder showed significant profits, with unrealized gains increasing from $840,000 to $1.43 million.