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

Musk: X Will Pause the Planned 'Boost Creator's Region Exposure'

March 25: Elon Musk announced the planned "Increase X Creator's Region Exposure Weight" initiative has been put on hold pending further review. Earlier, X Product Lead Nikita Bier revealed that starting this Thursday (March 26), the platform will adjust its creator revenue-sharing incentive structure. The change will prioritize boosting exposure weight for creators’ home regions, aiming to encourage content that resonates with users in the creator’s native country, neighboring nations, and those who share the same language. It also seeks to reduce creators’ incentive to optimize traffic specifically for U.S. or Japanese accounts, fostering a more diverse content ecosystem on X.

9 minutes ago

Binance Ai Pro Feature Officially Launches Public Beta

March 25 — Binance announced today that its one-stop AI agent, Binance Ai Pro (built on the OpenClaw open-source ecosystem), officially kicked off public testing at 3:00 PM UTC+8. Users can activate and access the intelligent trading assistant via the Binance Ai feature in the Binance Android app, or directly visit the Binance official website to try it out. Binance Ai Pro supports integration with a range of leading AI models including ChatGPT, Claude, Qwen, MiniMax, and Kimi, while also integrating popular third-party AI skills and all Binance-native skills.

9 minutes ago

The "Silver Helmet Air Force" partially took profit on long positions as BTC returned to the $71k integer level, with a total position size of $13.5 million

On March 25, per HyperInsight monitoring (via the Telegram channel https://t.me/HyperInsight), after Bitcoin (BTC) briefly dropped to $71,000, the "Silver Iron Head Bear Army" whale—known for focusing on short positions—partially closed its BTC short position at market prices. Key details: - 190 BTC closed at $71,004 (~$13.5 million), netting ~$340,000 in profit. - Post-reduction, the whale still holds a $27.6 million BTC short position with an unrealized gain of ~$726,000 (52.6%), at an average entry of $69,220. - Separately, the whale fully closed its gold long position: previously ~$3.1 million in size, closed at an average of $4,545.

9 minutes ago

OKX has released the 41st edition of the PoR, with a total value of 25.6 billion USD in BTC, ETH, USDT, and USDC

March 25 — Per official sources, OKX has released its 41st Proof of Reserves (PoR). Data for this period shows all 22 major currencies publicly disclosed by OKX have 100% reserve ratios. Among them, BTC, ETH, USDT, and USDC hold reserve ratios of 106%, 107%, 109%, and 102% respectively. Calculated at validation date prices, the total value of these four reserve assets totals $25,658,384,955. OKX is the first crypto exchange in the industry to publish continuous PoR updates for over three years. Over this span, it has maintained monthly PoR releases, expanded the number of disclosed currencies from 3 to 22, and upgraded its PoR system using technologies like Merkle Trees, Omni-layered Merkle Trees, and zk-STARK — all to boost asset transparency for users.

9 minutes ago

Goldman Sachs: Maintains Overall Bullish Outlook on Gold, End-Year Target Price of $5400 per Ounce

March 25 — Goldman Sachs says the recent gold price drop is largely in line with historical patterns, with rising rate expectations and market volatility as the key drivers. Dain Strubin, head of commodity research at Goldman Sachs, said today: “This decline isn’t surprising given our current pricing framework.” The recent gold rally exceeded fundamental expectations, and the partial pullback reflects “a degree of normalization.” Still, Goldman Sachs remains bullish overall, forecasting gold will reach $5,400 an ounce by year-end. Central bank gold buying across governments to diversify assets—specifically, shifting to assets with lower political and financial risk—has provided support for the bullish outlook.

9 minutes ago

During the rebound after ETH touched $2100, the HL platform whale accumulated a total of 61.61 million in size for long positions intraday.

March 25th — Per HyperInsight monitoring (via its Telegram channel at https://t.me/HyperInsight), Ethereum (ETH) continued rebounding after touching $2100 at midnight today. On the Hyperliquid platform during this period: - 10 whales opened long positions, while 4 opened short positions. - Total long position size reached $61.61 million. Key whale details: - Whale with address starting with 0x049: Opened the largest new position — a 20x-leveraged $20.07 million ETH long, with an average entry price of $2160 and a liquidation price of $2095. - Whale with address starting with 0x965: Faces the highest liquidation pressure — a 25x-leveraged $5.75 million ETH long, average entry price $2159, liquidation price $2115 (only ~2% buffer before liquidation).

9 minutes ago