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

Wintermute has transferred a total of 3,834.3 BTC to Binance this week, worth approximately $256.8 million.

According to monitoring by Onchain Lens, Wintermute deposited 590.9 BTC into Binance approximately 43 minutes ago, worth around $45.66 million. So far this week, Wintermute has cumulatively deposited 3,834.3 BTC into Binance, totaling approximately $256.8 million.

11 minutes ago

Short-term funds take profits, Bitcoin inflow to Binance hits new high since February.

Crypto analyst Darkfost noted in a post that Bitcoin has rallied more than 23% cumulatively over the past three days. As prices surged rapidly, signs of profit-taking began to surface, with roughly 53,000 BTC flowing into major exchanges—of which about 17,800 BTC was transferred to Binance. Notably, all of the 17,800 BTC that entered Binance came from short-term holders, especially investors with positions held for less than a day. By contrast, long-term holders who have held BTC for over six months did not send any BTC to Binance. This indicates the current round of inflows is driven primarily by short-term speculative funds, not structural selling by long-term holders. Data shows this marks the largest BTC inflow to Binance since February 2026. Back in February this year, short-term holders went through a notable market capitulation. Now, short-term funds are once again moving in and out of exchanges on a large scale, reflecting a sharp rise in speculative trading activity. These brief, sudden capital flows are also pushing crypto market volatility back up.

11 minutes ago

LIT briefly surges past $3.27 to set a new all-time high.

According to HTX market data, LIT briefly broke through $3.27 to hit an all-time high, and is currently trading at $3.2, with a 13.21% gain in the past 24 hours. As previously reported, Vladimir Novakovski, CEO of Lighter, is a member of the Innovation Advisory Committee of the U.S. Commodity Futures Trading Commission (CFTC).

11 minutes ago

Yilihua: Remains bullish, weekend adjustments won’t alter the trend, strongly advises against short selling

Liquid Capital (formerly LD Capital) founder Yilihua stated in a post that he remains bullish, noting the weekend’s minor price adjustment was merely shorts taking advantage of low liquidity to stage a small resistance move, which does not alter the overall trend. He strongly advises against shorting, recommending closing long positions once the price reaches a certain level, as corrections typically occur at periodic stages.

11 minutes ago

The ETH iron-headed bulls successfully completed a T trade and plan to submit another order to buy back 10,000 ETH.

On-chain analyst Ai Yi (@ai_9684xtpa) has monitored that the diehard bull address holding a long position of 120,000 ETH closed out 40,000 ETH at an average price of $2,513 this morning, generating a profit of $9.897 million. Another address linked to the same entity has resumed adding to its long position, having already acquired 9,021 ETH, with pending orders indicating plans to add another 10,000 ETH. Currently, the three addresses under this entity hold a combined total of 59,000 ETH in long positions, with an unrealized profit of $8.73 million.

11 minutes ago

Stablecoins' total market cap rises to $303 billion, up 0.74% over seven days.

According to data from DefiLlama, the total market capitalization of all stablecoins across the network currently stands at $303.079 billion, up 0.74% over seven days, with USDT's market share rising to 60.43%.

11 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano