Due to the Iran situation, the Ethereum price has fallen by about 3.4%, dropping below $2,100. The market is concerned that geopolitical tensions may escalate, and technical indicators are showing a bearish trend. In the short term, it may face pressure, while the long-term direction will still depend on developments in the situation. Investors need to watch both the technical picture and geopolitical developments.

Wall Street’s pessimism is intensifying, with multiple indicators showing investors are actively betting on a decline in the stock market, as CNN’s Fear and Greed Index drops to a low point. Short positions are rising, pressure in specific industries is significant, and options market hedging signals are prominent. Analysts warn that extreme sentiment could trigger a market reversal, but given the current geopolitical and economic pressures, the market’s future trend remains uncertain.

According to Bloomberg's data, from October 2025 to the end of February 2026, Bitcoin ETF saw an outflow of approximately $9 billion, with about $3 billion recovered so far. Although the overall net outflow still exceeds $6 billion, the inflow and outflow of funds in 2026 have nearly balanced out.

Gate News report, on March 29, according to official news, Sui announced that the mainnet has been upgraded to V1.68.1, and the protocol has been upgraded to version 118. The main content of this upgrade includes: enabling address alias functionality on the mainnet, enhancing metadata security in the Sui System, and fixing an issue that could cause full nodes to crash when simulating abnormal transactions involving invalid fund withdrawals.

Gate News reports that on March 28, according to Bloomberg ETF analyst James Seyffart, between October 2025 and the end of February 2026, Bitcoin ETFs recorded about $9 billion in outflows, of which approximately $3 billion has been recovered. Although the overall net outflow since the "1011 crash" still exceeds $6 billion, looking at the performance this year, the inflows and outflows of Bitcoin ETFs have nearly balanced out, indicating a certain recovery in market sentiment.

Gate News reports that on March 27, well-known trader Peter Brandt posted on social media early this morning stating that Bitcoin's current trend is forming a Rising Wedge pattern, which could trigger a sell signal. Peter Brandt successfully predicted the Bitcoin crash in 2018.

Despite the sharp decline in gold prices in March, recent recovery above $4550 demonstrates restored market confidence. Gold ETF demand remains robust, with SPDR Gold ETF assets under management approaching historical highs, reflecting investor focus on the long-term value of precious metals. While geopolitical tensions impact short-term prices, long-term investment demand remains strong.

Gate News report: On March 24th, according to Onchain Lens monitoring, a whale address's long positions in Brent Crude Oil ($BRENTOIL) were completely liquidated due to a sudden price crash. On-chain data shows that the whale suffered a single loss of $3.08 million, with cumulative losses exceeding $4.4 million.

On March 23rd, USR, a stablecoin under Resolv, experienced a major security incident. Attackers exploited a private key leak to mint approximately $80 million in unbacked tokens, causing USR's price to collapse to $0.27, a decline exceeding 70%. Resolv has suspended smart contracts and burned 9 million anomalous tokens, with 71 million unbacked USR remaining in circulation. This incident reflects the fragility of stablecoins in terms of security and transparency, posing challenges to market confidence.

Bitcoin price trend is similar to last year, currently around 70,335 USD, showing potential market pressure. If it breaks below 65,800 USD, a new round of decline may follow; breaking through the upper band could lead to a rebound. Market sentiment is cautious, investors need to pay attention to key support and resistance levels, while being vigilant about downside risks and preparing for an upside rebound.