Lookonchain APP

App Store

4E: US Stock and Crypto Markets Rebound, Focus This Week on US February PCE Price Index

2025.03.24 11:00:34

March 24th. Based on 4E monitoring, during the past week, the dovish remarks from the Federal Reserve and President Trump's statement regarding flexibility in the tariff plan successively boosted stock market confidence. After significant fluctuations, the three major indices closed up collectively for the week: the Dow increased by 1.2%, marking the largest weekly gain in more than two months; the S&P 500 rose by 0.51%, ending a four-week losing streak; the Nasdaq rose slightly by 0.17%, halting the previous four-week decline. However, large-cap tech stocks generally closed the week in a lower position, with Nvidia down by 3.26%, Tesla down by 0.53%, and experiencing a consecutive nine-week decline. The cryptocurrency market witnessed fluctuations but overall showed a mild upward trend. Bitcoin dipped below $81,000 on Tuesday and then rebounded. It surged above $87,000 on Thursday following the dovish comments from the Fed and hit a two-week high. After that, it oscillated around the $84,000 level. This morning, it experienced another rapid increase and was trading at $85,721 before the deadline, with a 3.18% increase in the past 7 days. Other major altcoins saw slight gains, with Ethereum striving to hold above $2,000, and the on-chain meme trend of BNB continued to attract attention. Signs of a market recovery are emerging, and investor sentiment is improving. In the commodities market, the US dollar index rose by 0.34% for the week, marking its first weekly gain this month. Tensions between Russia and Ukraine and in the Middle East continued to escalate, resulting in a more than 2% increase in crude oil prices for two consecutive weeks. Spot gold rose by 1.31% last week, extending a three-week upward trend. Last week, the Federal Reserve maintained interest rates unchanged, in line with market expectations, with the guidance for two rate cuts still in place for the year. Powell's remarks also brought some comfort to the market. This week, the focus is on the release of the Fed's preferred inflation measure - the PCE Price Index on Friday. Additionally, as the April 2nd "tariff deadline" approaches, market caution remains due to uncertainty. However, once the tariff outlook becomes clearer, the ongoing market turbulence of recent weeks may start to subside. As a financial trading platform that supports cryptocurrency, stock indices, commodities such as gold, and forex assets, eeee.com recently launched a USDT stablecoin financial product with an 8% annualized return, providing investors with a potential hedging option. 4E reminds you to be aware of market volatility risks and to allocate your assets rationally.
Relevant content

Santiment: Bitcoin Flashes Short-Term Top Signal at Weekend Close

On April 6, cryptocurrency market research firm Santiment shared on social media that, per on-chain data, Bitcoin’s weekend close registered a 2.95-to-1 ratio of profitable trades (coins moved at a profit post-acquisition) to loss-making trades. Historically, this has been a short-term price top signal.

2 minutes ago

Current mainstream CEX and DEX funding rate displays a slight weakening of the market's bearish sentiment

**April 6 — CoinGlass data shows Bitcoin surged past $69,000 today, with funding rates on mainstream CEXs and DEXs indicating a slight weakening of bearish sentiment in the market. Specific rates are shown in the attached chart.** **BlockBeats Note:** Funding rates are fees set by cryptocurrency exchanges to keep contract prices aligned with underlying asset prices—typically for perpetual contracts. They act as a fund-exchange mechanism between long and short traders; exchanges do not charge this fee themselves. The goal is to adjust traders’ holding costs or profits to keep contract prices close to the underlying asset’s price. A 0.01% funding rate is the baseline. Rates above 0.01% generally signal a bullish market, while rates below 0.005% generally signal a bearish market.

2 minutes ago

ETHGlobal Announces Cannes Finalist Projects

On April 6, ETHGlobal named the finalists for its Cannes event: ENShell, DIVE, maki, Défi, ALMA, npmguard, VEIL VPN, PaintGlobal, EVM PORST, and Corpus.

2 minutes ago

The StakeStone team associated address deposited 16 million STO to Bitget 8 hours ago

On April 6th, on-chain analyst Ai Auntie (@ai_9684xtpa) reported that an address tied to the StakeStone team deposited 16 million STO tokens to Bitget 8 hours ago. Worth $2.87 million, the funds originated from the STO deployment address.

2 minutes ago

"Doomsday Report" Organization Field Visit: Hormuz Strait Enters New Phase of "Simultaneous Hot War and Business Diplomacy"

On April 6, Citrini Research—author of the "Doomsday Report"—released its **Hormuz Strait On-Site Inspection Report**. Reportedly, the firm dispatched an analyst fluent in four languages (including Arabic) to conduct on-site inspections in the central Hormuz Strait to assess the strait’s actual conditions. The Citrini Research analyst noted that investors should **ditch the "open-or-closed" binary mindset**. The Hormuz Strait’s reality is far more complex, featuring a mix of active conflict and business diplomacy—with traffic volume expected to gradually rebound as the conflict persists. The ongoing situation cannot be reduced to simple labels like "conflict escalation/de-escalation" or "strait open/closed." While the U.S. conducts military operations, its allies (including France, Japan, and Greece) are actively negotiating passage rights with Iran. This is a classic sign of a multipolar world. Currently, Iran operates a functional passage inspection station between Qeshm Isl

2 minutes ago

thomasg.eth liquidated wallet assets in the past 5 hours, selling tokens worth $26.49 million

On April 6th, on-chain analyst Ai Yi (@ai_9684xtpa) reported that thomasg.eth has liquidated approximately $26.49 million in crypto assets over the past 5 hours. Specifically, the wallet sold 13,149.9 AAVE for ETH at $92 on-chain, offloaded 1,700 WETH and 3,000 ETH on-chain, and deposited 6,708 ETH into Coinbase.

2 minutes ago