According to the latest market data and policy dynamics on March 10, 2025, the cryptocurrency market shows severe volatility. Key factors to watch for tonight's trends include:

I. Overall Market Performance

1. Bitcoin (BTC)

The price hit a daily low of $79,900, then rebounded to around $80,730, with a decline of over 6% in 24 hours. The technical analysis shows a potential 'W' double bottom formation on the 4-hour candlestick chart, but the resistance level at $83,254 is significant. If it cannot break through, it may further test the support at $76,836.

2. Ethereum (ETH)

Dropped below the $2,000 threshold to $1,993, with a decline of over 8% in 24 hours. If it continues to hold below the $1,872 support, it may trigger a chain of sell-offs down to $1,730.

II. Core Driving Factors

1. Policy Favorability Has Run Its Course

Trump signed an executive order to establish a strategic Bitcoin reserve (200,000 coins), but the market believes this plan has been fully priced in, and the Department of Justice may continue selling reserved Bitcoins, forming a bearish hedge.

2. Macroeconomic Pressure

- Federal Reserve Chairman Powell reiterated the maintenance of high interest rates, with non-farm payroll data imminent, and the dollar index rising to 106.8, exacerbating capital outflows.

- Trump's tariff policy (effective March 12) has raised concerns about global trade friction, leading investors to turn to safe-haven assets.

3. Market Sentiment and Capital Flow

Over 210,000 liquidations across the network in 24 hours (with 65% being short positions), the largest single liquidation reaching $32.08 million. Spot ETFs have seen a net outflow of $3.12 billion over the past 8 days, but Wall Street institutions have increased their Bitcoin holdings through indirect means.

III. Key Technical Signals

Asset Support Level (USD) Resistance Level (USD) Operational Recommendations

$BTC BTC 76,836 79,320 83,254 86,380 Buy on support with light positions, short on rebounds at high points.

$ETH ETH 1,872 1,968 2,080 2,171 Short on breakout, reverse to long on stabilization

$SOL SOL 120.00 135.00 Cautious observation, waiting for trend clarity

XRP 2.00 2.30 Monitor Ripple lawsuit progress

IV. Risk Warning

1. Policy Uncertainty: The specific execution details of the strategic Bitcoin reserve are unclear, and the risk of liquidation by the Department of Justice remains.

2. Extreme Volatility Risk: Quantitative trading programs may trigger a chain of stop losses, and the CPI data on March 12 may raise interest rate hike expectations.

3. Technical Break Risk: If BTC falls below $78,000, it may initiate long-term consolidation. If ETH falls below $2,000, it will open up downward space.

V. Operational Strategy Recommendations

- Short-term Trading:

- BTC positions near $81,000, stop loss at $79,500; short if rebounds above $83,500, targeting $80,000.

- ETH focuses on range fluctuations between $1,980-$2,020, buying low and selling high.

- Long-term Allocation:

- If BTC retraces to the $75,000-$78,000 range, build positions in batches (40% of total positions); increase ETH holdings below $1,800 (20%).

- Allocate 10% of funds to RWA (such as ONDO) and other counter-cyclical assets to hedge risks.

(Note: The above analysis is based on real-time data as of March 10, 2025. The market is volatile, and decisions should consider individual risk tolerance.)