According to analysts at Odaily Planet Daily, Bitcoin's next phase of price movement is increasingly influenced by macroeconomic factors, including oil prices, US Treasury yields, and the Federal Reserve's monetary policy, rather than purely internal factors within the crypto market. Following the previous large-scale deleveraging, leverage in the crypto derivatives market has significantly decreased, leading to a change in market structure. Bitcoin is shifting from a "leverage-driven correction phase" to a "macro liquidity-driven consolidation phase." With decreased participation in derivatives, the market's sensitivity to the overall liquidity environment has increased significantly. The energy market has recently become a key variable. Over the past three weeks, international oil prices have risen approximately 80% from their lows to their highs, briefly exceeding $100 per barrel amidst escalating US-Iran tensions. Rising oil prices are typically accompanied by rising US real yields and a stronger dollar, tightening global liquidity and potentially limiting short-term upside for risk assets. Simultaneously, rising energy prices also push up inflation expectations. Since energy accounts for approximately 9% of the CPI basket in developed economies, continued oil price increases may delay market expectations of interest rate cuts, keeping financial conditions tight. Analysts point out that Bitcoin's recent performance has shown a significantly stronger correlation with technology stocks, rather than traditional safe-haven assets like gold. (The Block)

According to Hyperbot data monitoring, Huang Licheng, nicknamed "Brother Machi," added to his 25x leveraged Ethereum long position three hours ago, bringing his current position to 4,650 ETH, valued at $9.534 million. With a liquidation price of $1,985, his unrealized profit is nearly $250,000.

Odaily Planet Daily reports that Iran's Islamic Revolutionary Guard Corps issued a statement announcing the official commencement of the 34th round of Operation "True Commitment 4." In this operation, Iran used precision-guided missiles carrying warheads exceeding one ton to strike US and Israeli military bases and related military support facilities. (CCTV News)

Odaily Planet Daily reports that Liquid Capital founder Yi Lihua posted on the X platform, stating: "The biggest problem in the crypto industry in recent years has been the decline in innovation. This problem stems from two aspects: First, the previous US administration tightened crypto policies, which should be resolved with the passage of the Crypto Structure Act. Second, Binance requires projects to lock up crypto VCs for 1+3 years. I believe Binance's initial intention was good, to cultivate a long-term investment mindset. However, the current consequence of this mechanism is that project teams, market makers, and the exchange Liquidity get out first, while VCs are wiped out during the long unlocking process. VCs already bear the greatest risk in the primary market, yet they also have to bear the risk of exiting last, which is clearly contrary to the traditional investment market. The consequence is the collective demise of crypto VCs, making it difficult for high-quality entrepreneurs to raise funds, and reducing industry innovation. I have a suggestion for CZ: provide crypto VCs with a better exit mechanism to activate VC capital, which will benefit industry innovation and make it more conducive for exchanges to list high-quality assets."

According to Huoxun Finance on March 10, market sources say that Meta has raised its advertiser fees to offset the European digital tax.