Family, March 20th is crucial for the cryptocurrency world! The US stock market has plummeted, evaporating two trillion, Trump's tariffs are causing disruptions, is a financial crisis coming? The Federal Reserve's interest rate meeting is approaching, will Powell save the market? Ethereum is nearing its limit, and the whale Spoofy is taking action.

There is a breakthrough with Trump's tariffs; tariffs on Canada and Mexico are postponed, and car manufacturers promise to bring back production, he just wants to gain benefits. US macro data is favorable, expectations for Federal Reserve rate cuts are increasing, the dollar is depreciating, US Treasury yields are falling, and oil prices are declining. The whale Spoofy sold 10% of his position before the big drop and bought back at a lower price.

Ethereum has dropped to its limit, the MVRV Z-score is at 0, everyone is reluctant to take losses, support is strong, and there is a favorable upgrade in Prague in 2025, making the probability of breaking support low. The Nasdaq is forming a double top, and it is likely to rebound after a second bottom test, which could lead to a restart of the market in the cryptocurrency world.

The interest rate meeting on March 20th is very important; Powell has been hawkish for three years, and now the US stock market is in crisis, with GDP expectations at -2.8%. He may act like he did during the pandemic to protect the market. Last year he stated he would not cut rates, which ended the bull market for cryptocurrencies and the S&P 500.

Sol can be accessed on March 17th with the ETF launch. When Sui surged, it was advised to escape the peak, and it has now corrected by 20%; the surge was a selling opportunity.

The global money supply M2 is increasing, and Bitcoin's recent drop is a technical correction. Europe is cutting rates significantly, the East is also easing, and the probability of a US rate cut in May is high, looking forward to Powell's dovish speech.

This month's CPI expectations are declining, Trump's tariffs do not affect February's data, and there are no concerns regarding the data. Hoping for ideal data to take short-term profits, looking forward to the bull market kicking off on March 20th! #加密市场观察