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

Elon Musk's Wealth Could Surpass Bitcoin's Market Cap, with the gap between the two narrowing to just $80 billion during Friday's trading.

On June 15, Elon Musk’s net worth saw a major jump following SpaceX’s initial public offering (IPO), making him the world’s first trillionaire. Before the IPO, Musk’s fortune stood at roughly $780 billion. After SpaceX’s IPO pricing, his wealth surged by approximately $188 billion, landing at around $968 billion. SpaceX’s shares opened at $150, closed at roughly $161, and Musk’s net worth climbed to about $1.1 trillion, briefly hitting $1.2 trillion during intraday trading. Per HTX market data, Bitcoin (BTC) traded near $64,000, with a total market capitalization of around $1.28 trillion. If SpaceX’s stock continues its strong performance, Musk’s wealth is poised to overtake Bitcoin’s market cap.

39 minutes ago

Trump Slams Netanyahu for Almost Botching Iran Nuclear Deal, Vows to Sign Anyway

June 15 — During an appearance on Israel’s Channel 12, former U.S. President Donald Trump sharply criticized Israeli Prime Minister Benjamin Netanyahu over an Israeli attack on Beirut that came just an hour before the planned signing of a U.S.-Iran nuclear deal, calling the strike “reckless” and telling the interviewer it left him “very angry.” Trump recalled getting word of the Beirut attack right before the deal was set to be signed, saying, “I couldn’t believe something like that would happen — it’s terrible.” He noted that earlier rocket fire from Hezbollah had landed in uninhabited areas with no casualties, but Netanyahu still pushed through what Trump called Israel’s “damn attack” targeting Beirut. While the strike delayed the signing ceremony, Trump insisted the deal was still favorable to Israel. He argued the agreement would prevent Iran from gaining nuclear weapons, allow inspections of suspicious sites with only 24 hours’ advance notice, and eliminate Iran’s stockpile

39 minutes ago

Mediator Optimistic about US-Iran Agreement "Close to Being Reached," Negotiations Making Good Progress

June 15 — An official involved in U.S.-Iran negotiations stated that the mediator is optimistic about the imminent conclusion of the U.S.-Iran agreement, noting that the negotiations are progressing smoothly.

39 minutes ago

White Hair Stock God Rui Evaluates Technical Analysis: It is the astrology of traders, but the rise in stock prices is mostly driven by fundamental factors

**Financial News Brief (June 14)** Renowned "White-Haired Stock Guru" Serenity pushed back sharply on technical analysis (TA) in a recent conversation, labeling it "traders’ astrology"—a tool for confirming market sentiment divergences and leveraging crowd psychology to identify entry points, not a reliable predictor of a stock’s true upside potential. "TA can help you gauge what retail investors and traders are thinking right now, but it won’t tell you how far a stock will actually go," Serenity stated. She backed her point with concrete examples: Virgin Galactic (SPCE)’s prior steep rally had nothing to do with a purported "Space Comet Candlestick" on charts; instead, it stemmed from market pricing in future revenue for firms like JBL and AMD. Meanwhile, AXTI’s 8,000% surge wasn’t triggered by a "Golden Waterfall Candlestick Alert"—it was driven by fundamentals including indium phosphide substrate demand, export controls, and photonics sector growth. For Serenity, the corr

39 minutes ago

The Iranian media is confident that Iran will not sign any agreement at the time announced by Trump, as Iran has conveyed the terms and specific details it hopes to achieve.

June 14 — A source close to Iran’s negotiation team told Iran’s Fars News Agency on the same day, ahead of Israel’s strike on Lebanon, that Tehran had conveyed its desired deal terms and specific details via a Qatari delegation. No formal agreement has been reached yet, the source added. While talks have faced twists and turns, Iran’s non-negotiable bottom line is that all its requested terms must be fully included in a U.S.-Iran accord, and “we will absolutely not sign any agreement at the time U.S. President Trump has announced.” Separately, Iran’s Tasnim News Agency reports that a Qatari delegation has arrived in Tehran to hold talks with Iranian officials on advancing diplomatic efforts to end the current conflict. U.S. President Trump, meanwhile, has said the U.S. and Iran are scheduled to sign an agreement on June 14 (local time).

39 minutes ago

U.S. Secretary of Defense: Expected to Sign Iran Nuclear Deal on Sunday

June 14 – U.S. Defense Secretary Lloyd Austin said the U.S. is proceeding as planned to sign an agreement with Iran, stressing the core question is not whether the deal will be signed but when. Austin noted the signing is scheduled for this Sunday local time, adding that Israel’s strike on Beirut’s southern outskirts is not expected to hinder the Iran accord.

39 minutes ago