230,000 liquidations across the network amounting to 820 million USD! Latest data + in-depth analysis, understand this wave of market movement and you can harvest profits!
1. Astonishing Reversal: Trump's 'Call' vs. Tariff Impact, Bitcoin Experiences Roller Coaster Market
Timeline:
On the night of March 2, Trump announced on Truth Social that the US will create a strategic reserve for cryptocurrencies, specifically naming Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA). Following this news, Bitcoin soared over 11% within an hour, breaking 93,000 USD, while XRP and ADA surged 70% in a single day.
On March 3: Market euphoria continued, Bitcoin briefly touched 94,000 USD, but total liquidations on the network reached a staggering 961 million USD.
On March 4: The US announced tariffs on China and Mexico, leading to a stock market crash that dragged down the cryptocurrency market, causing Bitcoin to plummet to 83,000 USD, with a 24-hour drop exceeding 9%, and 230,000 people across the network liquidated for 820 million USD.
Key Data:
Bitcoin: From a peak of 94,000 → a low of 83,000 → currently at 86,000 USD (data from March 4, 11:30).
Dark Horse Cryptocurrencies: ADA peaked at a 44% increase in a single day, XRP rose 30%, but within just 24 hours, it retraced 90% of its gains.
Liquidation Wave: From March 3 to 4, liquidations exceeded 1.7 billion USD, with long positions being the 'disaster zone.'
2. Trump's 'Sunshine Strategy': Is Cryptocurrency Strategic Reserve a Pie or a Trap?
Policy Interpretation:
Strategic Reserve Plan: The US plans to use BTC and ETH as core reserves, with XRP, SOL, and ADA included as supplements. Trump states, 'Let America be the capital of cryptocurrency,' fulfilling promises made during the campaign.
True Intentions:
Harvesting Liquidity: The US government currently holds over 180,000 BTC (valued at 18 billion USD), possibly expanding reserves through asset confiscation.
Transferring Debt Crisis: US national debt surpasses 36 trillion USD, and the high volatility of cryptocurrency assets becomes a 'risk hedging tool.'
Experts Warn: Tsinghua University researcher Ma Tianping points out that purchasing cryptocurrencies with national debt funds requires congressional authorization, or it involves 'moral hazard.'
Market Impact:
Short-term Speculation: The policy vacuum period + Trump's 'call' becomes an excuse for manipulators, but lacks substantial implementation (e.g., ETF approval delays).
Long-term Hidden Risks: If the credibility of the US dollar weakens due to cryptocurrency reserves, global de-dollarization may accelerate, and cryptocurrency prices may face greater selling pressure.
3. Dark Horses and Hidden Risks: These cryptocurrencies are rewriting the market script!
1. New Rising Star: Pi Network
Countdown to Open Network: March 14 (Pi Day) may announce the mainnet timeline, igniting community enthusiasm, meme coins surged 300% in a single day.
Controversy: After launch, the price plummeted from 2.98 USD to 1.67 USD, with a market cap evaporating by 8.6 billion USD, accused of 'capital dumping + retail panic selling.'
2. Institutional Bets: KAITO and Story Protocol
KAITO: An AI + cryptocurrency project supported by Binance, with a market cap exceeding 380 million USD on its first day, and an airdrop ratio of 28.75%.
Story Protocol: The 'On-chain Disney' led by a16z, with IP tokens rising threefold against the trend, reaching a market cap of 1.3 billion USD.
3. Risk Warning:
GRASS Suspected to be Dumping: The team transferred 4.75 million tokens (13.01 million USD) to Bybit, suspected to be a precursor to a price crash.
SOL Whale Activity: 3 million SOL (510 million USD) suddenly unstaked and deposited into Binance, potentially triggering a selling spree.
4. Global Regulatory Changes: How Will Hong Kong and the EU Rewrite Cryptocurrency Rules?
Hong Kong: Released the ASPIRe roadmap on February 19, clarifying compliant custody and family trust frameworks, vying for the position of Asia's cryptocurrency hub.
European Union: The European Central Bank has launched a blockchain payment system, paving the way for the digital Euro, accelerating the integration of traditional finance and DeFi.
Mainland China: The Supreme Court is accelerating research on the legal status of cryptocurrency assets, which may signal a loosening of policies.
5. Retail Survival Guide: How to Avoid Being Liquidated in a Bull Market?
Stay Alert to Policies: The White House cryptocurrency summit on March 7 and the US CPI data on March 12 may become the trigger for the next wave of market movements.
Beware of Leverage: In recent surges and drops, over 80% of liquidations were from long positions; contract players should be cautious with high leverage.
Betting on Narratives: AI + cryptocurrency (like myshell) and Layer 2 gaming chains (SoonChain) become new entry points for capital.
Conclusion:
In the cryptocurrency circle of March 2025, it is a carnival of Trump's 'Twitter Governance' and a battlefield of global capital rivalry. Only by understanding policy logic, seizing the narrative of dark horses, and strictly adhering to risk control bottom lines can one survive in this volatile market. Follow me for daily updates of exclusive data and in-depth analysis, helping you become one of the 10% winners!
