ChainCatcher news, Matrixport's latest weekly report "How Liquidity and Macroeconomic Indicators Affect Bitcoin" shows that several macroeconomic and liquidity factors are influencing the price trend of Bitcoin. The report focuses on four key factors:First, the shift in U.S. debt issuance strategy. During Yellen's tenure, the U.S. Treasury preferred to issue short-term Treasury bills (T-bills) and issued fewer long-term bonds, which suppressed the rise in Treasury yields, reduced the attractiveness of fixed-income assets, and drove funds toward Bitcoin and stocks. However, the new Treasury Secretary Scot Bessent may increase the issuance of long-term Treasury bonds, which could push yields higher, tighten liquidity, and weaken demand for risk assets.Second, the trend of the U.S. Dollar Index (DXY). As an indicator of the strength of the dollar against a basket of foreign currencies, a stronger DXY often indicates tightening global liquidity, reducing the attractiveness of risk assets like Bitcoin.Third, the impact of inflation data. CPI and PCE are core indicators that the Federal Reserve focuses on, and a cooling of inflation may prompt the Fed to adopt a more hawkish stance, affecting market liquidity and risk appetite.Fourth, changes in global money supply (M2). The cessation of M2 contraction at the end of 2023 helped Bitcoin break through $40,000. The report suggests that a moderate growth of M2 and controlled inflation are most favorable for Bitcoin's performance, but if M2 grows too quickly, it may trigger rising inflation, forcing the Fed to tighten its policy.

ChainCatcher news, Matrixport released today's chart stating that compared to the previous bull market, liquidations at that time often triggered severe volatility. In this round of the market, even with a short-term liquidation amount of up to $600 million in Bitcoin and Ethereum, prices have still managed to stabilize at the bottom without significant declines. This indicates that the overall leverage level in the market is low, traders are more cautious when setting stop-losses, and confidence is stronger, possibly influenced by the SEC's approval of Bitcoin spot ETFs.Now, the risk of Bitcoin going to zero has been largely eliminated, and the market's focus has shifted to its downside potential. However, historical data shows that the downward pressure from liquidations is relatively limited. This contrasts sharply with the high leverage environment during the 2020/2021 bull market.

ChainCatcher news, Matrixport released a chart today stating that recently, the XRP-USDT trend has suddenly shifted from a long-term sideways consolidation to a rapid increase, which adds complexity to market chart analysis. In trading strategies for XRP, it is common to focus on the Relative Strength Index (RSI). Historical data shows that when the RSI approaches 40%, the probability of an XRP rebound is higher, while an RSI nearing 70% often indicates an overbought condition.The recent rebound may still have further upward potential, especially after the new U.S. government takes office, as the SEC may reconsider the lawsuit against Ripple Labs. Currently, the RSI is around 40%, and technical indicators suggest that XRP has upward potential.

ChainCatcher news, according to a report by Matrixport analyst Markus Thielen, shows that the total market capitalization of the cryptocurrency market has grown from $1 trillion to $3.3 trillion over the past two years, with the average daily trading volume rising from $40 billion to nearly $400 billion.The report points out that with Bitcoin prices maintaining above $90,000, most investors remain in profit, and the likelihood of panic selling in the market is relatively low.It is noteworthy that the declining trend in weekend trading volumes indicates that institutional investors are gradually becoming the dominant force in the market, with trading activity primarily concentrated on weekdays.

ChainCatcher news, Matrixport stated that amid the current inflation uncertainty, the market demand for safe-haven assets like gold and Bitcoin remains strong. If the market expects the Federal Reserve to keep interest rates unchanged and liquidity to tighten, gold theoretically should not rise, but the reality shows that even with controllable inflation, safe-haven demand continues to drive gold higher.Although Bitcoin has recently consolidated, this trend may provide support for it. Matrixport noted that when gold first broke through $2,000 per ounce, it issued a bullish report, and since then, the gold price has risen over 50%. Despite the overall inflation rate in the U.S. rising to 2.9%, Truflation data indicates that the actual inflation level is closer to 2.0%. If the trend of declining inflation continues, the outlook for gold and Bitcoin remains bullish.

ChainCatcher news, Matrixport participates in the NTU campus recruitment in Singapore, starting the recruitment for the 2025 graduates.A total of 116 companies are participating in this NTU campus recruitment fair, covering various financial fields such as auditing, consulting, and banking. As a leading crypto financial services platform in Asia, Matrixport has attracted the attention of many NTU students majoring in computer science, software security, and other related fields.It is reported that Matrixport was established in 2019 and is the world's leading and Asia's largest one-stop crypto financial services platform. Currently, Matrixport's assets under management and custody amount to 6 billion USD.

ChainCatcher news, Matrixport released today's chart showing that the Relative Strength Index (RSI) of Ethereum has fallen to a historical low, approaching the extreme oversold zone. This typically indicates that after a significant recent pullback, the ETH price may have conditions for a rebound.In addition, the Ethereum Pectra upgrade is scheduled to launch in March 2025, which is expected to significantly enhance the network's scalability, efficiency, and user experience. This upgrade will merge the originally planned Prague and Electra versions to create a more powerful technical update.Before the official launch of the upgrade in March, the market expects multiple testnet announcements, which could serve as positive factors to boost market sentiment. Although past Ethereum upgrade events often accompanied "sell the news" trends, under the current oversold context, this upgrade may create opportunities for the ETH price to rebound.

ChainCatcher news, Matrixport released a report today stating that since late January, the cumulative inflow of funds into Ethereum spot ETFs has reached $500 million, but the ETH price has not shown a significant rebound, indicating that market selling pressure remains strong. Nevertheless, the interest from long-term value investors seems to be recovering, with some institutions, including members of the "World Financial Freedom" organization, starting to pay attention to ETH.Looking ahead, the Ethereum network upgrade in March is seen as a potential catalyst, but the market reaction has been relatively lukewarm, failing to recreate the enthusiastic atmosphere seen during past upgrades. The market generally believes that this upgrade is unlikely to trigger a major trend. In the absence of clear positive factors, the ETH price may continue to be under pressure. Currently, Ethereum's market share has dropped to 10%.

ChainCatcher news, Matrixport's latest report indicates that the number of wallets holding over 10,000 SOL has significantly decreased in the past two months, suggesting that large holders are taking profits. Meanwhile, the enthusiasm for meme coins is cooling down. Data from the Pump.fun platform shows that the daily issuance of meme coins has dropped by 16% over the past 30 days, and daily trading volume has significantly retreated from the peak of 71,738 transactions recorded on January 23.The report notes that the price of Trump meme coin plummeted from $60 to $20, severely undermining retail investor confidence. Although the price of Raydium (RAY) has recently increased, early Solana investors are shifting their profits into Bitcoin. This rotation of funds explains why Bitcoin remains relatively resilient despite the general pullback in altcoins. Additionally, although Ethereum reduced transaction fees in March 2024, it has failed to gain a significant advantage in the current meme coin trend due to user experience and cost issues.

ChainCatcher news, Matrixport released today's chart stating that there is a significant technical divergence between Bitcoin's price and the Relative Strength Index (RSI). Although Bitcoin's price has remained above $100,000, the RSI has been in a consolidation phase, indicating that the momentum of the potential trend is weakening.Looking back at the corrections and consolidation phases before 2024, historically, strong buying opportunities only arise when the RSI drops to around 40%. Currently, while the RSI is close to that level (48%), it has not yet reached it, so entering new long positions may be premature. A more strategic approach is to remain patient and wait for the best entry point.

ChainCatcher news, Matrixport released today's chart. Although the market had long anticipated Trump's tariff policy, it still felt surprised. This may be because last week's market focus was primarily on DeepSeek, rather than Trump's policies.However, more importantly, retail investors are under-participating in this market pullback. As tariff uncertainty is expected to persist in the coming days, this uncertainty is affecting the current market adjustment.A simple and effective way to determine whether Bitcoin is still in a bull market is to observe the 21-week moving average, which has historically been an important indicator for observing broad market trends. As long as Bitcoin remains above this level, the bull market still exists. However, if it falls below this level, traders should adopt risk management strategies.

ChainCatcher news, Matrixport released today's chart stating that since the merger in 2022, ETH's market performance has significantly lagged behind Bitcoin. Most of Ethereum's upgrades have had limited impact on ETH prices; rather than being major positives, they are more like stepping stones in the blockchain's journey towards widespread adoption.Wall Street's interest in Ethereum ETFs has also remained unstable, and Ethereum faces considerable pressure in responding to emerging market trends. For example, an increasing number of users prefer to issue Meme coins on lower-cost blockchains.However, Ethereum still has highlights, such as the issuance volume of the USDT stablecoin. Although Tron has lower transaction fees, the recent issuance of USDT on Ethereum has surpassed that on Tron, showing a certain advantage.Overall, Ethereum still faces many challenges in further consolidating its market positioning and value proposition.

ChainCatcher news, Matrixport released today's chart report indicating that over the past five years, Bitcoin's 30-day realized volatility averaged 58%. Typically, during bull and bear markets, volatility exceeds this average, as seen in the 2020/2021 bull market and the 2022 bear market. However, the recent volatility has been unusually low, which is noteworthy because Bitcoin's volatility is usually amplified during market ups and downs.The introduction of Bitcoin spot ETFs has seemingly played a significant role in suppressing Bitcoin's volatility after attracting Wall Street investors. Lower volatility allows institutional investors to take on more risk, and combined with Bitcoin's strong performance in 2023 and 2024, this may continue to attract more Wall Street funds. As institutional buying absorbs market downturns, this trend is expected to further stabilize Bitcoin's price, thereby suppressing its volatility.

ChainCatcher news, Matrixport released a daily icon observation stating that since the bull market began at the end of 2022, Bitcoin has shown strong resilience, with 30-day price corrections rarely exceeding -10%, while monthly declines during bear markets often reach 30% or more.Last week, Bitcoin approached the -10% correction level, which is typically seen as a consolidation bottom in this bull market. In contrast, the +40% surges in March and November 2024 are considered opportunities for profit-taking.From the trend chart perspective, Bitcoin is currently still in the bull market phase. If the trend continues, a -10% correction may present a strategic buying opportunity.