#深度创作营 3.1 Cryptocurrency Market Brief｜Volatile Market + Policy Implementation, Funds Begin to Align As of the evening of March 1 The market has experienced a deep V-shaped reversal, with BTC dipping to a low of 63,000 and reaching a high of 68,200, with an intraday volatility of over 8%; ETH rebounded simultaneously, with a low of 1837 and a high approaching 2050, nearly a 7% increase in 24 hours. I. Core Market Data - BTC: Fluctuating around 66,400, support at 64,500, resistance at 68,000 - Mainstream Coins: SOL rebounded **+7%**, XRP holding at 1.37** key level - Contracts: 24h total liquidation of $570 million across the network, short-term selling pressure released - Funds: BTC ETF inflows, large holders withdrawing coins, institutions accumulating at low levels II. Major Events Today 1. US stablecoin regulation negotiations concluded, federal-level rules imminent, impacting industry compliance direction 2. Hong Kong’s first stablecoin license issued, implementing 100% reserves, shaping an Asian compliance hub 3. Ethereum staking ETF enters a critical March approval period, further expanding institutional participation 4. Middle East tensions escalate, safe-haven funds favoring gold + BTC III. Short-term Outlook - 64,500 is BTC’s short-term critical support; a break below targets 62,000 - Holding above 68,000 opens up bullish space - In a high-volatility environment, trade lightly, set stop-losses, avoid overtrading March is a window driven by both policy and capital, stability is more important than speed.