GuShiio.com Daily key market data review and trend analysis are jointly produced by PANNews and OSL.
1. Market Watch
Keywords: Trump, ETH, BTC
Recently, the cryptocurrency market has shown generally negative sentiment under huge selling pressure. After Bitcoin fell below $82,000, large currency holders (whales) sold more than 40,000 BTC, resulting in the exchange’s largest inflow of funds in months. At the same time, the altcoin market also experienced bearish sentiment, and digital asset investment products experienced a large outflow of funds. During this period of market turmoil, White House artificial intelligence and cryptocurrency adviser David Sacks revealed that he had liquidated his crypto asset holdings before Trump took office. However, there are still some positive signals in the market: cryptocurrency analyst Peter Brandt predicts that Ethereum may experience significant fluctuations in the future, with a target price of US$6,000; in addition, Metaplanet took the opportunity to increase its holdings of 156 bitcoins (approximately US$13.4 million), bringing its total bitcoin reserves to US$222 million. However, the overall market remains bearish, mainly due to Bitcoin’s need to fill the CME gap below US$90,000. Market attention has now shifted to March 7, and several important events are expected to be held that day that may trigger significant market fluctuations. Notably, after Trump announced its cryptocurrency reserves, Standard Chartered Bank reiterated its forecast of a bitcoin price target of $500,000.
2. Key Data (as of March 5 09:30 HKT)
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S & P 500: 5,778.15 points (-1.76% during the year)
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Nasdaq: 18,285.16 points (-5.31% during the year)
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10-year U.S. Bond yield: 4.247%(-32.90 basis points during the year)
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US dollar index: 105.59 (-2.66% during the year)
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Bitcoin: US$86,985 (-6.88% during the year), daily spot trading volume was US$63.81 billion
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Ethereum: US$2,173.28 (-28.88% during the year), daily spot trading volume was US$34.86 billion
3. ETF flow direction (March 4 EST)
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Bitcoin ETF: -80.9 million US dollars
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Ethereum ETF: +19.2 million US$
4. Important dates (Hong Kong time)
FOMC Permanent Vote Committee and New York Fed President Williams delivered a speech at the Bloomberg Investment Forum (March 5, 03:20)
US President Trump was invited to Congress to deliver his first speech in office (March 5, 10:10)
U.S. ADP jobs in February (ten thousand people)(March 5 21:15)
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Actual: None/Previous: 18.3 /Expected: 14
U.S. EIA crude oil inventories for the week ending February 28 (10,000 barrels)(March 5 23:30)
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Actual: None/Previous: -233.2 /Expected: None
Number of initial jobless claims in the United States for the week ending March 1 (ten thousand people)(March 6 21:30)
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Actual: None/Previous: 24.2 /Expected: 23.5
FOMC Permanent Vote Committee, New York Fed President Williams and Federal Reserve Governor Bowman participated in a report panel discussion of the US Monetary Policy Forum organized by the University of Chicago’s Booth School of Business (March 7, 23:45)
US President Trump hosts the Cryptocurrency Summit at the White House (2:30 on March 8)
Federal Reserve Chairman Powell delivered a speech before the 2025 U.S. Monetary Policy Forum luncheon at the University of Chicago’s Booth School of Business (March 7)
U.S. unemployment rate in February (March 7 21:30)
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Actual: None/Previous: 4% /Expected: 4%
U.S. non-agricultural employment after February adjustment (ten thousand people)(March 7 21:30)
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Actual: None/Previous: 14.3 /Expected: 15.3
North America has begun to implement daylight saving time, and financial market trading hours and economic data release times in the United States and Canada will be one hour earlier than winter time. (March 9, 14:00)
5. hot news
Upbit will launch KAITO tokens in the Korean won, BTC, and USDT markets
Two wallets associated with Ethena Labs deposited 29.87 million ENAs, or approximately US$11.52 million, into Binance
The giant whale that received the most ETH compensation in Genesis Trading liquidation claims has sold 40,000 ETH units in the past 2 days
Moody’s: Trump tariffs may cause the U.S. economy to stagflation, and the Federal Reserve may raise interest rates
The White House Encryption Summit will begin at 2:30 am on March 8, Beijing time
VanEck: Solana’s proposed two upgrades will enhance the network but significantly reduce verifier revenue
As the Meme coin craze cools, daily trading volume of Pump.fun has plunged 94% from its January peak
El Salvador President: Bitcoin purchase will not stop due to IMF deal
U.S. Senate votes to pass bill to repeal IRS cryptocurrency rules, pending House vote
Reddit Joins the bidding team to acquire TikTok and plans to “link” the social app
ETH fell below US$2000, down 3.67% within the day
Jupiter Joint Venture announced its 2030 team strategy: plans to allocate 280 million JUP to team members in the next three years
Aave updates its token economy model and initially plans to repurchase US$1 million per week AAVE
CryptoQuant CEO: BTC may remain depressed until U.S. market sentiment improves, and the market does not care about retail investors
Or affected by the new Binance Observation label, NULS, ALPACA, COMBO and other tokens fell by more than 20% in a short period of time
Placeholder Partner: This is the bull market correction stage, not the top of the bull market round
Binance HODLer Airdrop Launch Phase 11 Project- GoPlus Security (GPS)
Adam Cochran: Trump has no right to unilaterally abolish the crypto capital gains tax, only Congress can
Arthur Hayes: I firmly believe that it is still in a bull market cycle, with Bitcoin falling to $70,000 at worst
Zora releases ZORA Token Economics: 10% for retrospective airdrops
Yuga Labs announced that the U.S. SEC has officially ended its investigation
Supported by OSL-Hong Kong’s largest over-the-counter trading platform has continued to provide regulated digital asset services to the market since 2018.
