1. The liquidity over the weekend is very low, and $BTC has been fluctuating around 86,000.

$BTC spot ETF has seen capital outflow for four consecutive weeks. This week, due to the crypto summit not exceeding expectations, the BTC price has seen a pullback, with 4,553 coins flowing out on Friday, which is a significant amount.

Due to the US stock market, especially technology stocks, entering a bear market and still not stopping the decline, it is difficult for cryptocurrencies to remain unaffected.

2. On March 19, the Federal Reserve will publish the new "dot plot" of interest rate expectations, which is the prediction of future interest rates by Fed members.

Currently, the market expects 1-2 rate cuts in 2025, but due to Trump's unexpected actions, there may be 3 rate cuts, possibly as early as June.

If there are 3 rate cuts, it will be favorable for cryptocurrencies; if there are 0-1 rate cuts, it will be unfavorable.

Federal Reserve Chairman Powell has taken a hawkish stance, insisting on reducing inflation first before cutting rates, while under Trump's tariff policy, inflation may worsen.#白宫首届加密货币峰会