比特币（BTC）以正线结束一周，从76,00美元的低点反弹了近10分

比特币上周以正线结束，而BTC从76,00美元的低点反弹了近10分。

Bitcoin (BTC) ended last week with a positive line, and BTC has rebounded nearly 10 points from the low of $76,600. At present, it is trading around the $81,000 mark, and the market is waiting to see whether Bitcoin can resume its upward trend in the short term.

比特币（BTC）上周以正线结束，而BTC的低点从76,600美元的低点反弹了近10分。目前，它的交易约为81,000美元，市场正在等待比特币在短期内恢复其上升趋势。

Markus Thielen, founder of 10x Research, believes that it is still too early to close long positions or open short positions. He recommends closing short positions at the current stage, and it is very likely that Bitcoin will consolidate for another 8 months.

10倍研究的创始人马库斯·泰伦（Markus Thielen）认为，封闭长位置或打开短职位还为时过早。他建议在当前阶段结束短职位，比特币很可能会再合并8个月。

In the ETF market, the lack of motivation to "buy on dips" is evident. Most ETF fund inflows come from arbitrage-driven hedge funds, and the continued low funding rate also suppresses the willingness to further deploy capital.

在ETF市场中，缺乏“购买跌幅”的动力是显而易见的。大多数ETF基金流入来自套利驱动的对冲基金，而持续的低资金率也压制了进一步部署资本的意愿。

Bitfinex analysts suggest that the current adjustment is a normal "washout" behavior, which may need to find a bottom in sync with the stock market (especially the S&P 500 index).

Bitfinex分析师表明，当前的调整是正常的“冲洗”行为，可能需要找到与股票市场同步的底部（尤其是标准普尔500指数）。

He pointed out that $72,000 to $73,000 constitutes a key support range, but Bitcoin's next move will be mainly dominated by macro factors such as global Treasury yields and stock market trends. Although the impact of the trade war has been digested by the market to a certain extent, continued economic pressure may further dampen market sentiment.

他指出，72,000美元至73,000美元构成了一个关键支持范围，但比特币的下一步行动将主要由诸如全球国库收益率和股票市场趋势等宏观因素主导。尽管贸易战的影响在一定程度上被市场消化，但持续的经济压力可能会进一步削弱市场的情绪。

It is worth noting that based on historical seasonal patterns, network economist Timothy Peterson predicts that Bitcoin is expected to hit a new high before June, with a median target price of $126,000.

值得注意的是，基于历史季节性模式，网络经济学家蒂莫西·彼得森（Timothy Peterson）预测，比特币预计将在6月之前达到新的高位，中位目标价格为126,000美元。

However, economist Peter Schiff holds a pessimistic view. A 12% drop in the Nasdaq index could indicate a bigger drop for Bitcoin.

但是，经济学家彼得·希夫（Peter Schiff）持悲观的看法。纳斯达克指数下降了12％，可能表明比特币的下降更大。

Schiff analyzed that if the Nasdaq enters a bear market and falls 40%, the price of Bitcoin could fall to $20,000. In contrast, gold has a negative correlation with the Nasdaq and has risen 13% since December 16, 2023.

Schiff分析说，如果纳斯达克进入熊市并下跌40％，那么比特币的价格可能会降至20,000美元。相比之下，黄金与纳斯达克有负相关性，自2023年12月16日以来，黄金上升了13％。

In terms of market dynamics, the latest poll by Data For Progress shows that 51% of American voters oppose the government's inclusion of cryptocurrencies in its strategic reserves.

在市场动态方面，数据的最新民意调查表明，有51％的美国选民反对政府将加密货币纳入其战略储备中。

At the same time, the number of bitcoins held by the hacker group Lazarus Group has reached 13,562, making North Korea the world's third largest bitcoin-holding state entity.

同时，黑客集团Lazarus集团持有的比特币数量已达到13,562，使朝鲜成为世界第三大比特币持有国家实体。

On the other hand, Binance founder Zhao Changpeng spent BNB to buy TST and mubarak over the weekend, which may lead to a recovery in the BNB chain market. GMGN data shows that in the past 24 hours, 7 Meme coin projects have a market value of more than $1 million, among which mubarak has a market value of nearly $150 million.

另一方面，Binance创始人Zhao Changpeng在周末花了BNB购买TST和Mubarak，这可能会导致BNB连锁市场的恢复。 GMGN数据显示，在过去的24小时中，7个模因硬币项目的市场价值超过100万美元，其中穆巴拉克的市场价值接近1.5亿美元。

From March 17 to 23, major central banks around the world will usher in a highly anticipated "super week", with a number of central banks including the Federal Reserve, the Bank of Japan, and the Bank of England holding monetary policy meetings. The market generally expects central banks to keep interest rates unchanged, but investors need to pay close attention to the central bank's judgment on the economic outlook. Especially against the backdrop of uncertainty in Trump's trade policy, the central bank's attitude may have an important impact on market sentiment.

从3月17日至23日，全球主要的中央银行将迎来备受期待的“超级周”，其中包括美联储，日本银行和英格兰银行在内的许多中央银行举行货币政策会议。市场通常预计中央银行将保持利率不变，但是投资者需要密切关注中央银行对经济前景的判断。特别是在特朗普贸易政策不确定性的背景下，中央银行的态度可能会对市场情绪产生重要影响。

Key data (as of 13:30 HKT on March 17)

关键数据（截至3月17日的13:30 HKT）

Bitcoin: $83,149.42 (-11.15% year-to-date), daily spot volume $24.523 billion

比特币：$ 83,149.42（-11.15％至今），每日现货量245.23亿美元

Ethereum: $1,895.97 (-43.22% year-to-date), with a daily spot volume of $10.533 billion

以太坊：$ 1,895.97（-43.22％至今），每日现货量为1053.3亿美元

Fear of corruption index: 32 (fear)

恐惧腐败指数：32（恐惧）

Average GAS: BTC 2 sat/vB, ETH 0.48 Gwei

平均气体：BTC 2 SAT/VB，ETH 0.48 GWEI

Market share: BTC 60.77%, ETH 8.4%

市场份额：BTC 60.77％，ETH 8.4％

Upbit 24-hour trading volume ranking: XRP, AUCTION, BTC, STMX, VANA

UPBIT 24小时交易量排名：XRP，拍卖，BTC，STMX，VANA

24-hour BTC long-short ratio: 0.998

24小时BTC长短比：0.998

Sector ups and downs: Crypto market sectors generally fell, CeFi sector rose 2.71%, RWA sector rose 0.72%

行业起伏：加密市场部门通常下降，CEFI行业上涨了2.71％，RWA行业上涨了0.72％

24-hour liquidation data: A total of 94,553 people were liquidated worldwide, with a total liquidation amount of US$257 million, including BTC liquidation of US$95.26 million and ETH liquidation of US$44.77 million.

24小时清算数据：在全球范围内，总共有94,553人清算，总清算额为2.57亿美元，包括BTC清算952.6万美元，ETH清算为4477万美元。

ETF flows (as of March 14 EST)

ETF流动（截至美国东部时间3月14日）

Bitcoin ETF: -$68.41 million

比特币ETF： - 6841万美元

Ethereum ETF: -$35.3 million

以太坊ETF： - 3530万美元

4. Important Dates (Hong Kong Time)

4。重要日期（香港时间）