標題：比特幣（BTC）發現其200天的平均值約為84,000美元

比特幣（BTC）在上週早些時候下跌低於77,000美元後，發現其200天的平均水平約為80,000美元。 Memecoins，第2層令牌和遊戲令牌領導了更廣泛的市場回收率。

Bitcoin (BTC) has found some stability around its 200-day average at about $84,000 after dipping below $77,000 early last week. The broader market recovery was led by memecoins, layer-2 tokens and gaming tokens.

比特幣（BTC）在上週早些時候下跌77,000美元後，發現其200天的平均水平約為84,000美元。 Memecoins，第2層令牌和遊戲令牌領導了更廣泛的市場回收率。

However, maintaining a sustained uptick could still be a challenge, especially since President Donald Trump's administration appears to have a higher tolerance for market instability than many expected.

但是，保持持續增長仍然可能是一個挑戰，尤其是因為唐納德·特朗普總統的政府對市場不穩定的容忍度似乎比許多人預期的要高。

Just two months ago, when Trump took office, the crypto market was buzzing with optimism that any turbulence created by tariffs would lead to prompt policy support from the White House.

就在兩個月前，當特朗普上任時，加密貨幣市場充滿樂觀的嗡嗡聲，關稅造成的任何動盪都會導致白宮的政策支持。

That optimism seems to have been misplaced. Over the weekend, Treasury Secretary Scott Bessent said corrections are healthy and normal, a hint that the anticipated "Trump put" might take longer to materialize than traders hoped.

這種樂觀似乎已經放錯了位置。上週末，財政部長斯科特·貝斯特（Scott Bessent）表示，更正是健康且正常的，這暗示了預期的“特朗普投入”可能比交易者希望的要長的時間更長。

More importantly, on NBC News' "Meet the Press" on Sunday, Bessent did not rule out the possibility of a recession. This starkly contrasts with government officials' typical attitude of emphasizing "glass half full" perspective when the going gets tough.

更重要的是，在NBC新聞周日的“遇見媒體”上，貝森特並不排除衰退的可能性。這與政府官員在艱難時強調“玻璃半滿”觀點的典型態度形成鮮明對比。

It could mean Trump isn't ready to back down from his tariff fight just yet, keeping risk assets feeling uneasy. If stock prices continue to fall, it's hard to imagine bitcoin staying resilient for long, especially given the lack of uplifting narratives in the crypto market.

這可能意味著特朗普還沒有準備好從他的關稅戰鬥中退縮，使風險資產感到不安。如果股票價格繼續下跌，很難想像比特幣長期保持彈性，尤其是考慮到加密貨幣市場上缺乏令人振奮的敘述。

"It's just a guess, but I doubt Trump will reverse course on tariffs and his drive to bring U.S. manufacturing back at these price levels," Greg Magadini, director of derivatives at Amberdata, shared in an email. "I can’t picture a scenario where risk assets crash and crypto remains unaffected, or where the VIX increases and crypto's implied volatility doesn’t follow suit."

“這只是一個猜測，但我懷疑特朗普是否會扭轉關稅和他使我們以這些價格水平重新恢復製造業的動力。” Amberdata的衍生產品總監Greg Magadini在一封電子郵件中分享。 “我無法想像風險資產崩潰和加密貨幣不受影響的情況，或者VIX增加而加密的隱含波動不適。”

Plus, sentiment is deteriorating on Main Street, which could add to the recent risk aversion in both the crypto and traditional markets. A chart shared on X by Otavio Costa, a macro strategist at Crescat's Capital, highlights a record number of U.S. consumers expecting conditions to worsen over the next year (see Chart of the Day, below).

另外，在大街上，情緒正在惡化，這可能會增加加密和傳統市場的最新風險規避。 Crescat's Capital的宏觀策略師Otavio Costa在X上分享的圖表突出了創紀錄的美國消費者，期望明年有條件會惡化（請參見下面的圖表，下面）。

The focus on macro means traders will follow Wednesday's Fed meeting for cues on the central bank's readiness to deploy stimulus. The bar is low after Chairman Powell said the bank is in a wait-and-watch mode to assess the impact of Trump's policies before cutting rates.

對宏觀的關注意味著交易者將遵循週三的美聯儲會議，討論中央銀行準備部署刺激的線索。鮑威爾（Powell）主席表示該銀行處於等待觀察模式之後，酒吧很低，以評估特朗普在降低利率之前的影響。

In other news, Aave Labs's Founder, Stani Kulechov, confirmed that the Aave decentralized autonomous organization had reached a clear consensus against introducing a new token for Horizon, an Aave initiative to integrate real-world assets into decentralized finance.

在其他新聞中，Aave Labs的創始人Stani Kulechov確認，AAVE分散的自治組織已達成了明確的共識，反對為Horizo​​n引入新的代幣，這是一項將現實世界中的資產整合到分散的金融中的AAVE計劃。

Trump is reportedly going to talk to Russian President Vladimir Putin about ending the Ukraine war. Digital asset prime broker FalconX said it had completed the “first-ever” block trade in CME's SOL futures with StoneX as counterparty. Stay alert!

據報導，特朗普將與俄羅斯總統弗拉基米爾·普京（Vladimir Putin）討論結束烏克蘭戰爭。 Digital Asset Prime Broker Falconx表示，它已經完成了CME的SOL Futures與Stonex作為對手的“首次”塊貿易。保持警覺！

What to Watch

看什麼

Crypto:

加密：

March 17: CME Group launches solana (SOL) futures.

3月17日：CME集團推出了Solana（Sol）期貨。

March 17: Ethereum (ETH) testnet Hoodi goes live.

3月17日：以太坊（ETH）Testnet Hoodi上線。

March 18: Zano (ZANO) hard fork network upgrade; this activates “ETH Signature support for off-chain signing and asset operations.”

3月18日：Zano（Zano）硬叉網絡升級；這激活了“對鏈簽署和資產運營的ETH簽名支持”。

March 20: Pascal hard fork network upgrade goes live on the BNB Smart Chain (BSC) mainnet.

3月20日：Pascal Hard Fork網絡升級將在BNB Smart Chain（BSC）Mainnet上直播。

March 21, 1:00 p.m.: The SEC’s Crypto Task Force hosts a roundtable, open to the public, that will focus on the definition of a security.

3月21日，下午1:00：SEC的加密特遣部隊主持了向公眾開放的圓桌會議，將重點放在安全的定義上。

March 24 (before market open): Bitcoin miner CleanSpark (CLSK) will join the S&P SmallCap 600 index.

3月24日（市場開放之前）：比特幣礦工CleanSpark（CLSK）將加入標準普爾SmallCap 600指數。

March 24, 11:00 a.m.: Bugis network upgrade goes live on Enjin Matrixchain mainnet.

3月24日，上午11:00：Bugis Network升級將在Enjin Matrixchain Mainnet上直播。

March 25: The Mimir upgrade goes live on Chromia (CHR) mainnet.

3月25日：Mimir升級將在Chromia（CHR）Mainnet上直播。

Macro

宏

March 17, 8:30 a.m.: The U.S. Census Bureau releases February sales data.

3月17日上午8:30：美國人口普查局發布了2月的銷售數據。

Retail Sales MoM Est. 0.7% vs. Prev. -0.9%

零售業媽媽EST。 0.7％與上一篇。 -0.9％

Retail Sales YoY Prev. 4.2%

零售銷售約比。 4.2％

March 18, 8:30 a.m.: Statistics Canada releases February consumer price index (CPI) data.

3月18日上午8:30：加拿大統計局發布2月份消費者價格指數（CPI）數據。

Core Inflation Rate MoM Prev. 0.4%

核心通貨膨脹率媽媽上一條。 0.4％

Core Inflation Rate YoY Prev. 2.1%

核心通貨膨脹率yoy上一條。 2.1％

Inflation Rate MoM Est. 0.6% vs. Prev. 0.1%

通貨膨脹率媽媽est。 0.6％與上一篇。 0.1％

Inflation Rate YoY Est. 2.1% vs. Prev. 1.9%

通貨膨脹率yoy est。 2.1％vs.上一條。 1.9％

March 18, 8:30 a.m.: The U.S. Census Bureau releases February residential construction data.

3月18日，上午8:30：美國人口普查局發布了2月的住宅建設數據。

Housing Starts Est. 1.375M vs. Prev.

住房開始。 1.375m vs.上一篇。