Trader Eugene: Initiating a long position on BERA to hedge against a bearish long-term view on the overall market

On March 28th, as per an official proclamation, Binance's Savings, the platform enabling one-click crypto purchase, the Instant Exchange, Leveraged, and Dollar-Cost Averaging platforms will list Mubarak (MUBARAK), CZ'S Dog (BROCCOLI714), Tutorial (TUT), and Banana For Scale (BANANAS31).

On March 28th, Ethereum dropped below $2,000 with a 24-hour loss of 1.73%.

Update as of March 28th: Based on The Data Nerd's monitoring, 2 hours ago, two wallets transferred 8.7 million LAYER to Binance, which is approximately equivalent to $11.136 million. If all were to be sold at the current price: · The wallet with the address starting with 9gxcS would achieve a profit of approximately $3.146 million (ROI 75.8%). · The wallet with the address starting with 6NhBJ would achieve a profit of approximately $1.483 million (ROI 62.9%).

On March 28th, according to 4E's monitoring, Trump announced a 25% tariff on all non-American-made cars and cautioned that if Canada and the EU were to retaliate jointly, they would face even more severe tariff retaliation. This tough stance has intensified market panic and overshadowed the better-than-expected GDP data. U.S. stocks fell for a second consecutive day, with the S&P 500 down by 0.33%, the Dow down by 0.37%, and the Nasdaq down by 0.53%. The crypto market generally declined. Bitcoin fell below $86,000 due to the lower opening of U.S. stocks. However, it later narrowed its losses following a rebound in U.S. stocks. At the time of writing, it was trading at $87,216, down by 0.4% in 24 hours. Other major coins also saw slight declines, with Ethereum fluctuating around $2,000. The overall market sentiment is low, and the short-term upside potential of the market may still be limited until the outcome of Trump's tariff actions becomes clear. In terms of commodities, the U.S.

On March 28th, based on CoinGecko data, in the past 24 hours, the trading volume on Upbit reached $2.357 billion. Among them, the SAFE/KRW trading pair accounted for 10.74% of the volume and ranked first in the Korean won market. The rest of the top five in terms of volume are: XRP, ORCA, ZETA, and CARV.

On March 28th, according to CME's "FedWatch": The probability that the Fed will maintain the interest rate unchanged in May is 87.8%, and the probability of a 25-basis-point rate cut is 12.2%.