Attending a crypto conference in Hong Kong — but what was striking was that AI was the most talked-about topic .
1️⃣ Bitcoin (BTC)
BTC has fallen below the $70,000 mark again. The market is awaiting upcoming US macroeconomic data to XEM if it can break out of the current sideways trend.
Notably, many large BTC whale wallets have sharply reduced their Longing positions , indicating Capital outflow.
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2️⃣ Ethereum (ETH)
ETH dropped to near $2,000 .
Meanwhile, conviction capital continues to flow in. The investor nicknamed Machi Big Brother continues to open small, high-frequency Longing orders with 25x leverage , even though unrealized losses have exceeded 50% . This could be strong belief—or simply stubbornness.
3️⃣ Solana (SOL)
SOL continues to fluctuate around $83 , mostly following the general market trend. In the short term, there is no clear independent momentum.
4️⃣ US Interest Rate Policy
The probability of the Federal Reserve keeping interest rates unchanged in March is currently 80.4% .
President Donald Trump emphasized that the US should have " the lowest interest rates in the world ."
5️⃣ European Union
The European Union has proposed a complete ban on all crypto transactions with Russia to prevent circumvention of sanctions.
6️⃣ LayerZero
LayerZero has launched a public chain solution called Zero , with the participation of Citadel , Intercontinental Exchange , and Cathie Wood .
Wall Street is making a deeper move into the crypto market.
7️⃣ Goldman Sachs
Goldman Sachs announced its cryptocurrency exposure totaled $2.36 billion , encompassing BTC, ETH, XRP , and SOL.
8️⃣ Market Sentiment
According to Santiment , despite short rallies in BTC , fear remains high. However, historically, extreme fear often precedes phased rallies .
9️⃣ CZ's perspective
Changpeng Zhao believes that in the future, AI agents could become the main user group for crypto , while the privacy sector still has room for growth.
10 Coinbase
Coinbase will list RaveDAO (RAVE) , DeepBook (DEEP) , Walrus (WAL) , and Superform (UP) .
In the short term, this could add more liquidation to these Token .
Summary:
Macroeconomic pressures persist, capital flows remain cautious, and the AI story is heating up. However, in financial markets, sentiment can shift faster than investor positions .
