Recently, the cryptocurrency market has been highly volatile. In March 2025, Bitcoin's price continued its decline, plummeting nearly 30% from its historical high and briefly falling below the crucial psychological level of $80,000. On March 15, it dropped to $71,000, marking a nearly five-month low, down about 26% from the January high, and having fallen 14% this year. Ethereum's performance is also not optimistic, with significant price fluctuations. In March, it experienced multiple ups and downs, and on March 18, its trading price was $1,904.09. Over the past 30 days, the Ethereum market has decreased by 30%.
From the market fear index perspective, the previously mentioned fear index reached extreme fear level 10. Looking at it now, on March 15, when Bitcoin's price fell to $71,000, the fear and greed index dropped to 20 (extreme fear).
Regarding the cost area of market makers and price forecasts, it was previously believed that the cost area for market makers was between $54,000 and $72,000. Currently, the Bitcoin price is close to the lower limit of this range. However, it is important to note that the market situation is complex and changeable. Although there are opinions suggesting that Bitcoin may receive some support within this range, there are also institutions and analysts with differing views. For example, the AI agent aixbt predicts that in March 2025, as state governments and institutions like BlackRock continue to buy, Bitcoin demand will be strong, and a supply squeeze may occur in April, with expectations that Bitcoin will stabilize at $100,000. For Ethereum, it was previously mentioned that ETH at $2,000 was the last bottom line. Currently, Ethereum's price fluctuates around $2,000, but some companies have lowered their target price for Ethereum at the end of 2025 from $10,000 to $4,000.
From the perspective of news, policy, and technical analysis:
1. News: In March 2025, the world's second-largest exchange, Bybit, was hacked, resulting in the theft of $1.5 billion worth of ETH assets; the Bitcoin strategic reserve plan introduced by the Trump administration was met with market indifference due to a 'zero budget' policy; news of the German and U.S. governments continuing to sell confiscated Bitcoin has also dealt a blow to market confidence.
2. Policy: U.S. regulatory policies continue to tighten, Trump’s tariff policy has caused economic uncertainty, and the expectation of interest rate cuts by the Federal Reserve has put significant pressure on the cryptocurrency market.
3. Technical: The Relative Strength Index (RSI) indicates that the market is in an oversold state, suggesting that the downward momentum in the market is strong.
If anyone is feeling lost due to market fluctuations and doesn't know how to deal with being trapped, or feels misled during the operation process, feel free to communicate!
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