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

The crypto whale that "set 10 big targets first" has increased its total short positions to $219 million, with current unrealized losses exceeding $1 million.

A whale, which first set 10 major targets, holds total short positions of approximately $219 million, currently facing unrealized losses of around $1.07 million: · BTC 5x short positions: holds 2,449.968 BTC, valued at ~$185 million, average entry price of $74,746.10, with an unrealized loss of ~$972,400; · ETH 7x short positions: holds 15,000 ETH, valued at ~$35.31 million, average entry price of $2,347.89, with an unrealized loss of ~$97,700.

14 minutes ago

A crypto whale sold 871,000 HYPE tokens over the past six hours, worth approximately $64.82 million.

According to Lookonchain's monitoring, a whale or institutional entity sold 871,000 HYPE tokens via FalconX over the past six hours, with the transaction valued at approximately $64.82 million.

14 minutes ago

Renowned trader: Bitcoin’s bear market has ended, and it is currently in the early stages of a bull market.

Renowned trader Doctor Profit stated that Bitcoin has recently rallied past multiple key resistance zones, arguing the current bear market is over and the market is entering the early stages of a bull run. In a single recent day, BTC broke through 4 to 5 full bear market resistance zones, including the bear market resistance band he had previously flagged. He noted this move has undermined market skepticism about the indicator’s validity, adding that only a few key resistance zones remain ahead for Bitcoin; a successful breakout would further confirm the start of a bull cycle. The market is currently in the transition phase from bear to bull, he added. Three price levels are now critical to monitor: $71,500, $78,000, and $82,000. Of these, $71,500 is the most important resistance level at present. If BTC can effectively hold above this zone, or form a weekly closing breakout, the key confirmation of the breakout will be completed. The $78,000 zone also needs to be breached, and once the $82,000 level is broken, the bull run’s upside potential will expand further. Additionally, one of the largest Bitcoin short liquidation events in history has unfolded recently, with some investors missing out on positioning opportunities earlier due to their belief in the four-year cycle or expectations of an August pullback.

14 minutes ago

Yi Lihua: Bitcoin has ended its bear market trend and will remain bullish over the next two weeks.

Liquid Capital (formerly LD Capital) founder Yilihua stated in a post that after determining the end of the market rebound in May, his primary focus over the past two months has been one key point: the period from July to August could be the final bottom-fishing opportunity for Bitcoin in this cycle. With Bitcoin (BTC) surging past its 120-day and 200-day moving averages on the daily timeframe, and breaking above the 20-week moving average on the weekly timeframe, BTC’s bear market trend has officially concluded. He noted that the market will remain bullish over the next two weeks, but a pullback may occur after BTC rises to a certain level. The subsequent pullback will not exceed 50% of the prior rally’s magnitude; for investors using leverage, he recommends reducing long positions and referencing the weekly trend and pullback levels from Bitcoin’s 2023 bull cycle. Bitcoin has fallen from a peak of $126,000 to $57,000 in this cycle, with a maximum decline of around 56%. He believes this drop has formed the cycle’s low point, and it will be difficult for the market to see BTC prices starting with $50,000 again.

14 minutes ago

Over the past 6 hours, whales/institutions have sold 871,000 $HYPE ($64.82M) through FalconX.

Over the past 6 hours, whales/institutions have sold 871,000 $HYPE ($64.82M) through FalconX.

14 minutes ago

Not all whales are buying $ETH — some are selling! 7 Siblings sold 14,000 $ETH($32.85M) at an average price of $2,346...

Not all whales are buying $ETH — some are selling! 7 Siblings sold 14,000 $ETH($32.85M) at an average price of $2,346. Whale 0xFD10 sold 11,252 $stETH($26.5M) and 1,824 $ETH($4.26M) for 30.78M $USDT.

14 minutes ago

Popular tokens

BitcoinEthereumHyperliquidSolanaTRONBNBTetherAaveXRPPepeFartcoinOndoJupiterUniswapBonkPendleEthenaArbitrumAvalancheLidoChainlinkPolygonDogecoinCardano