As the coin price fluctuates quite steadily between $81,500 and $87,500, the actual volatility of BTC finally began to decline last week. On March 24, the market appeared to be testing the resistance line of the downward trend since the high point at the end of February. If it crosses above $87,500 to $88,000, the coin price will re-test the resistance level of $91,000, and further up, $93,000 will be a resistance point.

In the past week, market sentiment has clearly stabilized, and risk assets have shown signs of recovery after experiencing several weeks of intense selling pressure. Meanwhile, the Trump administration's recent rhetoric and actions have also been relatively moderate. However, Trump stated in a conversation in the Oval Office last Friday that the United States is preparing to announce "Tariff Liberation Day" next Wednesday (April 2), which will impose retaliatory equivalent tariffs on countries and allies that have taken trade actions against the U.S.

The spot price of Bitcoin has continued to decline over the past week, but as the price stabilizes in the range of $80,000 to $85,000, we are finally seeing actual volatility begin to decrease. It is worth noting that the price hit a recent low last week, and the market has been closely monitoring price movements in the following days, trying to guess whether the next major fluctuation will be upward or downward. Considering that we have experienced a prolonged period of high volatility, we believe the price will undergo some adjustments next...

Last week, the asset market experienced another rollercoaster of volatility. However, with various technical indicators (such as the CBOE put-call ratio rising to its highest level since last summer) showing extreme oversold conditions, the market saw a nice rebound on Thursday/Friday. With no new tariff or geopolitical news, the risk of a U.S. government shutdown alleviated, and U.S. stocks being in an extremely oversold state, this provided...

Due to a series of news and cryptocurrency-related events last week, market volatility remains high. Ultimately, the price failed to stabilize and continued to swing widely, with the downward support level at $79,000 to $73,000, while the upward resistance level is at $89,000 to $93,000.

For readers unfamiliar with the term, "FAFO" is an abbreviation for "F— around and find out," which may be the most fitting description of the current global situation. President Trump's second term has started tumultuously, perhaps even beyond the expectations of his most loyal supporters. Investor sentiment is affected by his extreme tariff and military negotiation strategies with former and current U.S. allies, leading to continued turbulence in the U.S. asset markets...

In the past week, market volatility has unexpectedly surged. The price first dropped, and after the collapse of the $89,000-$91,000 support level that the market had relied on since the election, it fell all the way down to $79,000. However, interestingly, this volatility can be seen as the end of the correction and consolidation since last November-December, preparing for a new wave of market movement.

The market environment information is chaotic, and it's hard to know where to start. First, regarding cryptocurrencies, the price of BTC plummeted to $78,000 last week. According to Coinglass, over $3 billion in futures long positions were liquidated, and BTC is set to face its worst monthly performance since June 2022. At the same time, ETFs also experienced the largest monthly outflow in history (with $2.5 billion flowing out just last week).