source avatarPunkchainer

Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

🚀 MARKET PULSE Overall cryptocurrency market sentiment has been cautious, showing signs of stabilization but lacking a clear upward direction. 🗝 KEY MOVEMENTS - Bitcoin 📉 Drops to $65,000, facing resistance at $70,000. - Solana 📉 Leads the decline in the CoinDesk 20 index. - MARA and Block 📈 Rise on AI momentum; CoreWeave plunges. - Bitcoin ETFs 💸 Experience outflows, followed by inflows of $1.1B. - ETH ↔️ Remains “moderate,” with focus on scalability. - AllUnity 🪙 Launches a regulated stablecoin pegged to the Swiss franc. 📣 IMPORTANT ANNOUNCEMENTS - Alchemy ⚙️ Introduces autonomous AI payments on Base. - Citi and Morgan Stanley 🏦 Expand crypto custody services. - EU 🇪🇺 Updates crypto tax rules for 2026. - Buterin 💡 Reveals an ambitious plan to scale Ethereum. - USA 🏛️ Seeks to protect blockchain developers from litigation. 📊 ANALYSIS & OUTLOOK The market is exhibiting defensive consolidation, with compressed on-chain gains and moderate accumulation. Selling pressure and ETF outflows confirm limited demand. Greater spot absorption is needed for a sustained recovery. Analysts predict Bitcoin could reach $72,000 by March, while others foresee potential cycle lows between $30,000 and $45,000. Ether may remain moderate, requiring new catalysts for a significant move. Short-term focus should remain on risk management.

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.