ChainCatcher news, according to Matrixport analysis, the correlation between the rise in global liquidity and the increase in Bitcoin prices has certain limitations. The global liquidity indicator, measured by the total money supply of 28 central banks (in USD terms), although visually correlated with Bitcoin price trends, has its predictive accuracy questioned due to the non-stationarity of the time series and scale differences.The analysis points out that while the growth of money supply may have a lagging effect on the Bitcoin market, this lag time lacks strong theoretical support. Furthermore, although the correlation between Bitcoin and Nasdaq has slightly increased in recent years, it remains below the 60% peak during COVID, indicating that Bitcoin trading is more driven by its own dynamics rather than acting entirely as a proxy asset for tech stocks.Matrixport believes that the broad consolidation of Bitcoin prices may continue, and solely relying on liquidity indicators to predict market trends may not be reliable enough. In contrast, focusing on native driving factors of cryptocurrencies or macro variables with direct policy impacts (such as political leaders supporting cryptocurrencies) may be more valuable. Although market perceptions may have mathematical flaws, their widespread acceptance could still have a tangible impact on market behavior.

ChainCatcher news, Matrixport released a daily chart analysis stating that Bitcoin is approaching a key downward trend line breakout, which has been suppressing prices since the market sell-off around Trump's inauguration.Currently, Bitcoin is forming a "high tight flag," a technical pattern often seen as a bullish continuation pattern. Bitcoin has broken through the initial downward trend line (white line) and is testing a more significant resistance level (gray line). A successful breakout would signal a notable alleviation of downside risk.Combined with the dovish tone of the Federal Reserve's FOMC meeting, the market environment is becoming more favorable, and this change is increasingly being validated on the technical front.

ChainCatcher message, Matrixport released a daily chart analysis stating that Bitcoin is approaching a breakthrough of a key downward trend line, which has been suppressing prices since the market sell-off around Trump's inauguration. Currently, Bitcoin is forming a "high tight flag," a technical pattern typically seen as a bullish continuation pattern.At present, Bitcoin has broken through the initial downward trend line (white line) and is testing a more significant resistance level (gray line). If it can successfully break through, it will signal a significant alleviation of downside risks. Coupled with the dovish tone of the Federal Reserve's FOMC meeting, the market environment is becoming increasingly favorable, and this change is being increasingly validated on the technical front.

ChainCatcher news, Matrixport analysis shows that the Bitcoin ETF IBIT's 30-day actual correlation with Nasdaq is approaching 70%, a level that has only occurred twice in history, indicating that Bitcoin is currently driven by macro factors and is moving in line with other risk assets.The high correlation mainly stems from the market's reassessment of earnings expectations ahead of the first-quarter earnings season and the uncertainty surrounding tariff policies.However, historical data indicates that such a high correlation is difficult to sustain, and Bitcoin may experience a divergence in trends from Nasdaq in the future.

ChainCatcher message, Matrixport released today's chart, showing that Bitcoin is attempting to break through the downward trend, benefiting from the Federal Reserve's slightly dovish stance and Trump's suggestion of a more targeted approach to tariffs. Compared to the past few weeks, these changes provide a more constructive environment for the market.Additionally, as the end of the quarter approaches, the selling pressure from arbitrage funds is easing, due to persistently low funding rates and the fact that most of the selling has nearly come to an end. Although the current catalysts are not sufficient to support Bitcoin in reaching a new all-time high, the market outlook has significantly improved.

ChainCatcher news, Matrixport released today's chart stating that by mid-December 2024, the inflow of Bitcoin ETF funds and the open interest of Bitcoin futures contracts will both reach approximately $35 billion. After that, futures positions significantly declined, while the inflow of Bitcoin ETF funds remained relatively stable.This indicates that short-term traders are exiting, possibly selling their positions to long-term investors. Currently, both the funding rate and market trading volume are low, and unless new macro catalysts emerge, the likelihood of significant growth in Bitcoin ETF funds is relatively small.

ChainCatcher news, Matrixport released today's chart stating that although the surge trend of stablecoins in the fourth quarter of 2024 has slowed down, the overall growth momentum continues, indicating a sustained inflow of funds into the crypto market.It is worth noting that despite the impact of the European MiCA regulatory framework on USDT, there has not been a large-scale outflow of funds from the market. As the inflow of stablecoin funds steadily rises, the demand for Bitcoin may increase accordingly, further driving up prices.

ChainCatcher news, Matrixport stated that the gold price has broken through historical highs, further reinforcing the narrative of Bitcoin as "digital gold." This trend has gradually emerged since the summer of 2023 when gold surpassed $2000.Currently, gold is not only viewed as a hedge against the inflation of U.S. debt but has also become a safe-haven asset to avoid tariff risks.With institutions like BlackRock driving market sentiment for Bitcoin, the status and momentum of Bitcoin and gold as alternative assets continue to rise. Although a gold price exceeding $3000 or Bitcoin reaching $100,000 may trigger short-term corrections, the overall upward trend is expected to continue.

ChainCatcher news, Matrixport report reveals that despite the recent weakening of the dollar driving a rebound in global liquidity indicators and a slight improvement in inflation data, the meme coin sector in the cryptocurrency market remains sluggish, showing no signs of recovery.The report points out that the altcoin market peaked in early December 2024 before starting to decline, with the meme coin bubble bursting in January of this year, leading to a decrease in the total market capitalization of the cryptocurrency market from $3.6 trillion to $2.6 trillion.Although the Solana-based Pump.fun platform generated over $582 million in revenue over the past 12 months, recent revenue growth has rapidly declined. The report also mentions that hedge funds closing arbitrage positions are the main driving force behind the recent selling pressure on Bitcoin, and this sell-off may be approaching its maximum intensity.

ChainCatcher news, Matrixport released today's chart showing that Bitcoin's dominance has surged to a new high for this cycle, breaking the previous peak to reach 61.2%, clearly indicating that the altcoin rebound was extremely brief. Data shows that this round of altcoin market lasted only about a month, starting from Trump's election in November 2024, and abruptly ending in early December.The report pointed out that a better-than-expected U.S. employment data quickly shifted the market focus, and the Federal Reserve's more hawkish stance increased downward pressure on risk assets. Although Bitcoin's price has pulled back, its performance still significantly outperformed the market, and seasoned traders have rotated back from altcoins to Bitcoin. Despite Bitcoin's own price pullback, its performance remains significantly better than the market.Analysts believe that the current market hopes to rely on a recovery in liquidity to push Bitcoin further up, but under the backdrop of the Federal Reserve's unchanged hawkish tone, the next round of increases may still require more patience.

ChainCatcher news, Matrixport released today's chart indicating that the slowdown in stablecoin inflows is driving the crypto market into a consolidation phase, which may suggest that caution is needed for Bitcoin's future price movements. Data shows that the stablecoin minting metrics are highly correlated with Bitcoin's price trends; if this metric fails to rebound, any upward movement in Bitcoin will be difficult to sustain.Analysts believe that the current slowdown in stablecoin inflows may stem from two factors: stablecoin issuers have already built up sufficient inventory in advance, or overall market demand is declining. Regardless of the specific reason, the current crypto market has not yet seen a large-scale influx of new capital, which is a key factor in Bitcoin's consolidation.Additionally, this trend may be related to the hawkish tone of the Federal Reserve meeting in December 2024, which is expected to make institutional investors more cautious.

ChainCatcher news, Matrixport's latest report analysis believes that the White House crypto summit and the confirmation of the U.S. strategic Bitcoin reserves failed to ignite market sentiment, and the crypto market did not show a significant increase, with perpetual contract funding rates still hovering at single-digit levels.This indicates that retail investors' enthusiasm remains low, in stark contrast to April and December 2024, when funding rates soared to double-digit highs.Even the market momentum brought by Trump's official inauguration is relatively subdued, clearly indicating that Bitcoin needs more influential catalysts to usher in a new round of increases.

ChainCatcher news, the cryptocurrency financial service platform Matrixport's spot trading (MP Spot) announces that starting from March 10, 2025, at 14:00, it will officially launch a new customer benefits activity.Eligible users participating in the event will have the chance to receive trading rewards worth over 388 USDT and a chance to enter the big prize wheel lottery. The big prize wheel lottery guarantees a 100% win rate, and users will have the opportunity to win multiple luxurious gifts, including an iPhone 16 and SOL.It is reported that MP Spot trading offers industry-leading market depth, a wide range of trading pairs, and an innovative VIP mechanism, dedicated to providing users with a smooth, efficient, and secure trading experience, helping smart investors navigate the market.

ChainCatcher news, Matrixport released a weekly report stating that with the upcoming White House cryptocurrency summit on Friday, any positive headlines could drive short-term momentum, but the structural weaknesses in the market and macroeconomic headwinds remain key risks.If Trump conveys a strong message of support for cryptocurrencies, it could inject new vitality into the market, but its sustainability will depend on the broader economic and policy environment. This summit marks the first time in history that the White House is holding a summit specifically focused on cryptocurrencies. The market is currently closely watching the outcomes of the summit and anticipates further price volatility in the future.The U.S. government may utilize its gold reserves to fund the purchase of Bitcoin, especially if the strategic Bitcoin reserve plan is advanced. The Bitcoin bill proposed by Senator Cynthia Lummis suggests using the market value of gold—currently around $688 billion, far exceeding its book value of $11 billion—to acquire 1 million Bitcoins over five years. This could mean that gold would need to be sold at market prices, and the proceeds would be reallocated.