March 14th Evening Analysis

BTC: The current price of Bitcoin is $82,000. Yesterday, the daily candlestick formed a small 'bearish candle' with low trading volume, indicating low market participation. The U.S. Bitcoin ETF saw a net outflow of 1,616 units (approximately $135 million) yesterday, reflecting continued capital withdrawal. Additionally, the sentiment index remains in a state of panic, leading to insufficient market confidence.

On a macro level: The result of the emergency funding bill on March 15th will directly impact market sentiment. If it is not passed, low liquidity over the weekend may exacerbate volatility, with small amounts of capital potentially triggering sell-offs or rallies.

Overall, Bitcoin may maintain a range-bound adjustment, and a clear direction will need to wait for the Federal Reserve's dot plot guidance at 02:00 AM Beijing time on March 20th. If reversal conditions are not mature, the current rebound is unlikely to last.