SC02 M1 - pending Short order. Entry lies within HVN and is not affected by any weak zone, with the current resistance zone width of approximately 0.53%. The downtrend has been in progress for 6 hours and 21 minutes, with the maximum recorded price decline reaching 12.61%.
British Steel Is Becoming a Growing Budget Burden for the UK
🏭 The UK has spent £377 million to keep British Steel operating in just nine months, equal to about £1.3 million per day. At the current pace, total support could reach £615 million by June, showing how quickly the financial burden is rising.
📉 The key issue is that this support has been classified as a loan, yet it has no fixed budget, no clear repayment schedule, and no defined end date. That leaves fiscal risk building over time if the intervention continues to drag on.
🏗️ Even so, London still sees this as a necessary move to preserve the country’s last primary steelmaking capacity, while also protecting thousands of jobs and the domestic supply chain tied to construction and infrastructure.
⚖️ The NAO report suggests the issue is no longer just about saving one company, but about balancing strategic industrial value against public costs that are becoming harder to control. Without a long-term solution with Jingye, that pressure will likely remain.
Refined fuels are emerging as Asia’s new bottleneck as Hormuz remains blocked
📌 The closure of the Strait of Hormuz is creating a shock not only for crude oil, but also for refined fuels, as this shipping route is tied to roughly 20% of global oil and petroleum product supply. The market focus is therefore shifting away from crude prices alone and toward the growing risk of diesel, gasoline, and jet fuel shortages across Asia.
⚠️ Price action is already reflecting that pressure, with Singapore gasoil up 57% to $143.88 per barrel and jet fuel up 114% to $199.66 per barrel. The strain is intensifying further as China halted fuel exports from March 11, while South Korea is also prioritizing domestic energy security over external shipments.
🔎 Import-dependent economies such as Australia and Indonesia are among the most exposed. Australia imports around 900,000 barrels per day, holds only about 30 days of domestic reserves, and has already begun releasing emergency stockpiles, highlighting that risks to transport, mining, and supply chains are no longer a distant scenario.
U.S.-China accelerate Paris talks ahead of the Trump-Xi meeting
📌 The March 15-16 talks in Paris focused on preparing concrete deliverables for the Trump-Xi summit expected in late March in Beijing. The overall tone appeared more stable, but there is still no clear sign of a major breakthrough.
🌾 The main highlight is managed trade and agricultural goods. China is reportedly more open to buying more U.S. poultry, beef, and some agricultural products beyond soybeans, while Washington is also pushing exports of Boeing aircraft, coal, oil, and natural gas.
⚙️ Another notable point is that both sides discussed new mechanisms to handle trade and investment issues, while also looking for ways to ease some friction around critical minerals. This suggests the focus is not only on short-term purchases, but also on stabilizing supply chains.
⚠️ Even so, the process remains heavily constrained by geopolitics. Trump leaving open the possibility of delaying the meeting if Beijing does not help on Hormuz shows that these talks are still more of a temporary de-escalation step than a signal of full normalization.
South Korea makes an emergency energy pivot amid the Hormuz shock
⚡ Disruptions at the Strait of Hormuz are pushing South Korea, an economy that relies almost entirely on imported energy, to react quickly to avoid power shortages and ease pressure from rising domestic fuel costs.
🏭 The ruling Democratic Party has proposed lifting coal generation caps and raising the nuclear utilization rate to 80%, showing that Seoul is prioritizing short-term energy security over keeping previous operating constraints unchanged during the crisis.
💰 At the same time, the government is reportedly preparing a supplementary budget for late March to support refiners, export logistics, energy vouchers, and renewable investment, aiming to limit the spillover into inflation and growth.
🌍 This is a pragmatic move in a period of unstable global supply, but it also highlights how much harder South Korea’s balancing act could become as the need to stabilize the economy now starts to clash directly with its longer-term energy transition goals.
The yen nears 160 as Japan steps up warnings to contain FX volatility
📌 Finance Minister Satsuki Katayama on March 16 reaffirmed that Tokyo is watching the foreign exchange market with a very high level of alert and is prepared to take decisive action if volatility continues to intensify.
💡 Pressure on the yen is being driven by elevated oil prices amid the Iran conflict, while Japan remains heavily dependent on energy imports. At the same time, stronger demand for the US dollar as a safe haven has pushed USD/JPY closer to the key 160 psychological level.
⚠️ For now, this still looks more like verbal intervention than direct market action, aimed at stabilizing expectations. Still, with 160 getting closer and both Japan and South Korea signaling readiness to respond, the risk of sharper FX swings is clearly rising.
SC02 M15 - Long order has been triggered, currently without profit. Entry lies within HVN and is not affected by any weak zone, with the current support zone width of approximately 1.48%. The uptrend has been in progress for 4 days and 5 hours, with the maximum recorded price increase reaching 22.05%.
Gold comes under pressure as crude oil moves above $100 and rate-cut expectations are pushed back
📉 Gold is weakening even as the U.S.–Israel–Iran conflict remains unresolved, showing that short-term safe-haven flows are no longer the only force driving price action. After a strong surge on geopolitical tension, gold is now facing profit-taking pressure and losing momentum.
🛢️ The market’s focus has shifted to crude oil, with elevated energy prices reviving inflation concerns. That is reducing expectations for an early Fed pivot and adding pressure across assets that are sensitive to interest rates.
💵 A stronger U.S. dollar and higher Treasury yields are also making gold less attractive in the short term, since it does not generate yield. As markets favor cash and bonds, gold remains vulnerable to deeper pullbacks even while geopolitical risks stay elevated.
🔎 In the near term, gold may continue to trade with a weaker tone if oil holds at high levels and the Fed keeps a cautious stance. Still, if the conflict broadens further or global growth starts to weaken more clearly, safe-haven demand for gold could return quickly.
SC02 M15 - pending Short order. Entry lies within HVN and is not affected by any weak zone, with the current resistance zone width of approximately 1.61%. The downtrend has been in progress for 3 days and 8 hours, with the maximum recorded price decline reaching 18.80%.
🔎 Quick read • Long-liq below is concentrated at 0.569–0.559 → 0.553–0.543, with a heavier pocket around 0.564–0.559; deeper liquidity sits at 0.538–0.507. • Short-liq above starts building from 0.585–0.608 → 0.613–0.633, then becomes denser at 0.638–0.643; farther out, 0.648–0.663 is the broader outer sweep zone. • The thin zone near price sits around 0.569–0.585, suggesting the current area is relatively empty and price could move fast before reaching the next major liquidity cluster.
🧭 Higher-probability path • As long as price holds the 0.569–0.578 area and avoids slipping back into the nearest long-liq cluster, the higher-probability path still favors an upside sweep because short-liq above is more extended right after the empty zone. • If price holds above 0.585 and then breaks 0.603–0.608, the path can open toward 0.613–0.618 → 0.623–0.633, with room to extend further into 0.638–0.643.
🔁 Alternate path • If price loses the nearby pivot zone and slips below 0.569, the market may rotate lower first to collect the long-liq below. • In that case, the sweep path could develop through 0.564–0.559 → 0.553–0.548 → 0.543–0.538; if selling pressure continues, 0.533–0.523 and 0.518–0.507 become the deeper downside pockets.
⚠️ Risk notes • Because liquidity is thin around the current price, $0G can move quickly in either direction, so waiting for a break or pullback around the pivot makes more sense than chasing in the empty zone. • If price clears 0.633, trailing may make more sense since liquidity still exists above, especially with the 0.638–0.643 and 0.648–0.663 clusters still notable.
Asian markets opened the week on a mixed note as oil stayed elevated amid the U.S.-Iran conflict.
📌 Regional equities traded unevenly on March 16, with Japan under pressure, South Korea holding gains, and overall sentiment still leaning defensive as Middle East risks remained unresolved.
⚠️ Oil stayed at the center of attention, with Brent near $103 per barrel and WTI close to $98. This pricing shows the market is still assigning a meaningful supply-risk premium, especially with Hormuz and Kharg Island remaining major pressure points in the energy export chain.
💡 The pressure is not only coming from the conflict itself, but also from the risk of inflation returning in a week packed with central bank meetings. Elevated oil prices make the case for easier policy less favorable, which means short-term risk appetite is still likely to stay constrained.
SC02 M5 - pending Short order. Entry lies within LVN and is not affected by any weak zone, with the current resistance zone width of approximately 1.26%. The downtrend has been in progress for 9 hours and 25 minutes, with the maximum recorded price decline reaching 6.77%.
SC02 M1 - pending Short order. Entry lies within LVN and is not affected by any weak zone, with the current resistance zone width of approximately 0.87%. The downtrend has been in progress for 2 hours and 13 minutes, with the maximum recorded price decline reaching 5.37%.
📊 $LYN – Liquidation Map (30 days) – Index ~0.0866
🔎 Quick read • Long-liq below is barely meaningful near the current price. Most downside liquidity sits much farther below and thins out, so there is no clear nearby downside magnet. • Short-liq above is heavily stacked and continuous from 0.1015–0.1687, then keeps extending through 0.1807–0.2407 and further into 0.2599–0.4063; farther out, 0.4183–0.4399 remains the outer sweep zone. • The area just above price, around 0.0871–0.1015, is relatively thin, which suggests that if $LYN holds its current base, price could move quickly into the next overhead liquidity clusters.
🧭 Higher-probability path • As long as price holds the 0.0751–0.0866 area, the higher-probability path still leans upward because this map is strongly imbalanced toward upside short-liq. • If price clearly breaks above 0.1015, the path can open toward 0.1183–0.1447 → 0.1567–0.1807 → 0.1927–0.2263, with room to extend further into 0.2407–0.2863.
🔁 Alternate path • Because nearby long-liq is thin, the alternate path is less about an immediate deep downside sweep and more about chop or consolidation before choosing direction. • Only if price fully loses 0.0751 does the market risk slipping into the lower liquidity void, but the map currently does not show a strong nearby long-liq cluster to act as a clear downside target.
⚠️ Risk notes • This is the kind of map that is heavily skewed upward, so if a squeeze starts, the move can expand fast. Waiting for a break or pullback makes more sense than chasing mid-move. • At the same time, because there is no strong nearby long-liq support, downside pullbacks can feel less structured and harder to read.
SC02 M1 - pending Short order. Entry contains POC and is not affected by any weak zone, with the current resistance zone width of approximately 0.55%. The downtrend has been in progress for 4 hours and 15 minutes, with the maximum recorded price decline reaching 5.43%.
SC02 M5 - pending Short order. Entry lies within HVN and satisfies positive simplification with a previously profitable Short order, with the current resistance zone width of approximately 1.72%. The downtrend has been in progress for 14 hours and 15 minutes, with the maximum recorded price decline reaching 11.01%.
CLARITY remains a major test for the U.S. ambition to build a formal legal framework for crypto.
📌 CLARITY is a key bill designed to clearly divide authority between the SEC and the CFTC, helping reduce the regulatory uncertainty that has weighed on the U.S. digital asset market for years.
⚖️ The positive part is that the bill has already passed the House with strong support, showing that this is no longer a fringe proposal but a central issue in shaping crypto regulation.
⏳ The current bottleneck is in the Senate, where disagreements over yield-bearing stablecoins are slowing the process. This is why the market still cannot expect a fully defined regulatory framework in the near term.
💡 If CLARITY regains momentum, market sentiment could improve on expectations of a clearer operating environment for exchanges, issuers, and institutional capital. If delays continue, the regulatory gray zone will remain a major risk for crypto in the U.S.
📊 $SENT – Liquidation Map (30 days) – Index ~0.0214
🔎 Quick read • Long-liq below is heavily concentrated at 0.0211–0.0203 → 0.0201–0.0199, with the heaviest pocket clearly around 0.0205–0.0203; deeper liquidity sits at 0.0195–0.0189. • Short-liq above starts building from 0.0218–0.0226 → 0.0228–0.0232, then becomes denser at 0.0234–0.0238; farther out, 0.0240–0.0242 remains the outer sweep zone. • The thin zone near price sits around 0.0214–0.0218, suggesting the current area is relatively empty and price could move fast before reaching the next major liquidity cluster.
🧭 Higher-probability path • As long as price holds the 0.0214 area and avoids slipping back into the nearest long-liq cluster, the higher-probability path still favors an upside sweep because short-liq above is more extended right after the empty zone. • If price holds above 0.0218 and then breaks 0.0222–0.0226, the path can open toward 0.0228–0.0230 → 0.0232–0.0234 → 0.0236–0.0238, with room to extend further into 0.0240–0.0242.
🔁 Alternate path • If price loses the nearby pivot zone and slips below 0.0214, the market may rotate lower first to collect the long-liq below. • In that case, the sweep path could develop through 0.0211–0.0209 → 0.0207–0.0205 → 0.0203–0.0201; if selling pressure continues, 0.0199–0.0195 and 0.0193–0.0189 become the deeper downside pockets.
⚠️ Risk notes • Because liquidity is thin around the current price, $SENT can move quickly in either direction, so waiting for a break or pullback around the pivot makes more sense than chasing in the empty zone. • If price clears 0.0230, trailing may make more sense since liquidity still exists above, especially with the 0.0234–0.0242 clusters still notable.
SC02 H4 - pending Short order. Entry lies within HVN and is not affected by any weak zone, with the current resistance zone width of approximately 13.61%. The downtrend has been in progress for 67 days and 16 hours, with the maximum recorded price decline reaching 78.59%.
SC02 M1 - pending Short order. Entry lies within HVN and is not affected by any weak zone, with the current resistance zone width of approximately 1.35%. The downtrend has been in progress for 9 hours and 37 minutes, with the maximum recorded price decline reaching 11.98%.