高山说缠论

According to Coinglass on-chain data, Bitcoin's return rate for March this year is currently reported at -0.76%. If it does not close positive this month, it will record a consecutive decline for the 6th month. There are only two days left until the end of March.~

According to on-chain data, historically, Bitcoin has only experienced a similar situation once: from August 2018 to January 2019, it accumulated a decline of about 54.8% over 6 months. Subsequently, Bitcoin saw a consecutive increase for 5 months (from February 2019 to June 2019), with a total increase of up to 208%.

It is worth noting that, amidst the US-Iran conflict, Iran is expected to face New Zealand in Los Angeles on June 15 in the group stage, followed by a match against Belgium on June 21, and a third match against Egypt in Seattle on June 26. Trump had previously stated, "I really don't care whether Iran participates in the World Cup," but he later changed his tune and welcomed Iran's participation during a meeting with the FIFA president.

The World Cup is approaching, and today the fan interaction platform Chiliz's native token CHZ increased by 15.24%, ranking among the top in altcoins. The other fan tokens are:

SANTOS 24-hour increase of 13.3%, currently at 1.12 USD;
ASR 24-hour increase of 8.45%, currently at 1.32 USD;
ALPINE 24-hour increase of 5.7%, currently at 0.408 USD;
OG 24-hour increase of 4.18%, currently at 2.61 USD.

The 2026 World Cup will be jointly hosted by the United States, Canada, and Mexico, with the opening match on June 11 and the final on July 19, lasting a total of 39 days.

This session of the practical training camp has successfully conducted two consecutive practical trading training sessions, mainly focusing on experiencing the strength of buying and selling point transitions, enhancing the understanding of market trends, and improving market feel. The upcoming practical training camp will continue to explore current trading opportunities, aiming to develop stable profit habits and train a trading system suitable for the students' own needs~

The conflict between the US and Iran has lasted for a whole month, and the coming week will still be filled with uncertainties and black swans. Peace talks or escalation of conflict, every small step will pull the market's tense nerves. Aside from geopolitical conflicts, the Bank of Japan and the Federal Reserve will present their interest rate hike expectations to the market, and the US non-farm payroll data will also have a significant impact on market liquidity expectations, specifically as follows:
Monday 07:50, the Bank of Japan will announce a summary of opinions from the March monetary policy meeting review committee;
Tuesday 04:00, New York Federal Reserve President Williams will give a speech;
Wednesday 00:00, Chicago Federal Reserve President Goolsbee will deliver an opening speech at an event hosted by the bank;
Wednesday 23:00, 2026 FOMC voting member and Dallas Federal Reserve President Logan will give a speech;
Thursday 20:30, US initial jobless claims for the week ending March 28, US February trade balance;
Friday 20:30, US March unemployment rate, US March seasonally adjusted non-farm employment, US March year-on-year average hourly wage, US March month-on-month average hourly wage;
Friday 21:45, US March S&P Global Services PMI final value.
Finally, on April 3 (Friday), the New York Stock Exchange (NYSE) and Nasdaq will be closed all day; trading in precious metals and US crude oil futures will be suspended all day; stock index futures will end early (Beijing time 21:15); forex and US Treasury futures will end early (Beijing time 23:15); Brent crude oil futures will be suspended all day.

2026.03.29 Chuanlun Community Web3 Morning News 💥

1. BTC: Approximately $67,800, 24h +1.2%; ETH: Approximately $2,050, 24h +2.1%
Comment: After a significant drop yesterday, a slight recovery occurred, still in a weak volatility phase, profit-taking on rebounds.

2. Nearly 120,000 people in the crypto market faced liquidation, totaling $446 million, the largest single-day amount in 2026.
Comment: High leverage risk is concentrated and released, short-term volatility is intensified, strictly control positions.
3. Canada’s regulatory new policy proposed the "C-25 Bill," aiming to prohibit cryptocurrencies for political donations.
Comment: Regulation is tightening, crypto payment scenarios are further restricted, compliance pressure is rising.

4. OCC released a proposal for the GENIUS Act rules, entering a 60-day comment period, detailed regulations to be implemented before July.
Comment: The compliance of stablecoins is accelerating, positive for compliant coins like USDT/USDC.

5. The Pentagon is preparing for several weeks of ground operations in Iran.
Comment: This is going to be a death mission.

6. Macroeconomic outlook for next week: The US-Iran conflict will reach a critical turning point, the US and Japanese central banks may signal interest rate hikes.
Comment: With the treasury empty, there’s a natural desire to raise interest rates.

7. The Senate is advancing, the White House is coordinating, the probability of implementation by mid-year is high.
Comment: Regulatory certainty is increasing, the second half of the year may become a super catalyst.

8. The net inflow for US BTC spot ETF is $91.8 million; the net outflow for ETH ETF is $59.8 million.
Comment: Institutions still prefer BTC, short-term funding pressure on ETH.

9. Greed and Fear Index at 10 (Extreme Fear), market sentiment at a freezing point.
Comment: Sentiment has hit the bottom, a short-term rebound may occur.

10. The total market value of stablecoins is $316.9 billion, 7 days +0.47%; USDT accounts for 58.1%.
Comment: Stablecoins are resilient and provide liquidity support to the market.

11. Ethereum Hegota upgrade core function FOCIL launched, enhancing censorship resistance and decentralization.
Comment: Technological iteration benefits the long-term ecosystem, DeFi/NFT will benefit.

12. Blockchain infrastructure company ZeroHash plans to raise $250 million, valuation at $1.5 billion.
Comment: Institutions continue to increase investment in infrastructure, long-term value of the industry is recognized.

13. Cathie Wood’s Ark Invest continued to significantly reduce holdings in Nvidia and other tech stocks on Friday.
Comment: When will Cathie Wood increase her position in Bitcoin?

14. Rising inflation + rising oil prices, the Fed delays interest rate cuts, the strengthening dollar suppresses crypto.
Comment: Macro liquidity is tightening, and crypto is difficult to have significant market movements in the short term.

15. Mainstream altcoins (SOL/XRP/DOGE) all dropped over 4% yesterday, with a slight rebound today.
Comment: Altcoins follow BTC's fluctuations, with higher risks.

Today at noon from 11:30 to 12:00, a small class on the theory of Chan, analyzing the structural trends of various sectors such as US stocks, A-shares, gold, silver, crude oil, and the cryptocurrency circle, in the Binance live room. Search for 'Gao Shan Talks about Chan Theory' and follow to avoid getting lost~ ​​​

Messages are just catalysts; structure is fundamental.
When others panic, you see buying points; when others go crazy, you see selling points.
You can make independent judgments and no longer be led by anyone.
This is why you need to learn the Chan Theory trading system well.
Tonight at 19:00, public live class across the internet.
Decomposing Chan Theory for various sectors' trends and buying/selling points.
Lock in every Monday, Wednesday, and Friday for free public classes.
Mastering Chan Theory is the foundation for survival in the market.
Live address: Search for "高山说缠论" on Weibo.
Follow to avoid getting lost~

The small class on Chan Theory starts at 11:30 this noon, analyzing the Chan Theory structure trends in various sectors such as the US stock market, A-shares, gold and silver, crude oil, and the cryptocurrency space. Live stream on Binance, search for Gao Shan discussing Chan Theory, follow to avoid getting lost~

2026.03.27 Chained Theory Community Web3 Morning News 💥
1. BTC lost support at $70,000 (about $69,000), down 3.5% in 24h
Comment: Middle East conflict + inflation concerns, risk appetite cools, mainstream collectively adjusts
2. A total of 91,200 people liquidated across the network, totaling $255 million, with long positions accounting for 87%
Comment: Leverage long positions trampled, contract risks concentrated release
3. Bitcoin hash rate temporarily fell by 12.74%, block production and fees fluctuated slightly
Comment: Short-term hash rate fluctuations do not affect long-term network security
4. Bhutan sold another 500 BTC, totaling over $150 million outflow in 2026
Comment: Continued selling pressure suppresses short-term coin price
5. RWA tokenization scale exceeded $27 billion, nearly quadrupling year-on-year
Comment: Acceleration of traditional assets on-chain, becoming the growth engine of crypto
6. ETH circulation increased by over 1 million coins, with an annualized inflation of about 0.24%
Comment: Very low inflation, deflation expectations still exist
7. Centralized exchanges' BTC reserves hit a new low since 2019, long-term holders locked 14.5 million coins
Comment: Scarcity in circulation, long-term funds supported
8. The EU MiCA regulations came into full effect, unifying supervision across 27 countries
Comment: The world's first unified framework, compliance accelerated
9. The U.S. SEC + CFTC clarified BTC/ETH as digital commodities, defining the boundary between securities and non-securities
Comment: Ends a decade of regulatory ambiguity, removing barriers for institutional entry
10. South Africa's crypto included in foreign exchange controls, cross-border transactions strictly regulated, information sharing enforced
Comment: Offshore tax avoidance channels tightened, global regulatory collaboration strengthened
11. This morning, a certain whale spent 15.57 million USDC to increase holdings of 7,543 ETH
Comment: Strict crackdown across the entire chain, no legal space domestically
12. SEC today (3.27) deadline: final decision on 91 crypto ETF applications (including SOL/XRP)
Comment: Critical node for altcoin ETF approvals, may trigger sector fluctuations
13. Resolv protocol attacked: 200,000 USDC minted 80 million USR, cashing out
Comment: DeFi security risks still exist, beware of small protocols.
14. Aster Chain privacy public chain mainnet launched, focusing on sub-second transactions
Comment: New player in Layer-1 privacy track, pay attention to ecological implementation
15. Aave V4 deployment imminent, Casper/Akash will soon hard fork
Comment: Leading DeFi and public chain upgrades, favorable for ecology

Today is the first day of the online practical training camp. I'm a bit tired after the class, and today's noon mini-class is canceled. Please be informed~

The true advanced meaning of mastering the theory of market analysis:
It is to establish your own trading system.
The March practical training camp is about to start.
Countdown to the class: last 1 day.
Limited slots available, sign up quickly~ ​​​​

Big A's volume reduction adjustment and structural differentiation continue
Gold and silver rebound trend realization, pay attention to three sales
S&P follows Trump's drawing rhythm execution
Shanghai Composite Index rebound is in progress
Crude oil still has downward space
Bitcoin daily strong bottom formation
Live broadcast tonight at 20:00
Analysis of various sectors' trends and buying and selling points in Chande Theory
Lock in free public classes every Monday, Wednesday, and Friday
Mastering Chande Theory is the foundation for survival in the market
Live address: Binance search for "Gao Shan Talks Chande Theory"
Follow to avoid getting lost~