BlockBeats News, March 3 — Dubai gold air freight hub flights are suspended, causing short-term disruptions in physical commodity flow; simultaneously, Iran claims to close the Strait of Hormuz, prompting markets to pre-trade energy disruption risks. Oil prices surge sharply, boosting inflation expectations and reducing room for rate cuts. The oil-inflation-interest rate-gold chain is being re-priced. Institutions favor gold, but if rising oil prices push up real interest rates, gold prices may face short-term pressure, with volatility likely to increase. From a cross-market perspective, high oil prices compress risk asset valuations, prompting funds to shift toward the US dollar and gold for safe-haven assets. In the coming weeks, the focus will be on the tug-of-war between inflation and real interest rates.
In the crypto market, Bitcoin rose sharply from $65,000 to above $70,000 before pulling back, a typical “liquidity sweep.” The main short accumulation zone is between $69,500 and $70,500; long leverage below $68,000 has been cleared; secondary liquidity remains at around $64,000. The market has completed the first phase of “long clearing,” and attention now shifts to whether further squeezing of short positions above. If Bitcoin fails to hold above $69,000, the price may revert to a range; if volume absorbs liquidity above $69,800, it could trigger passive short covering.
In summary, macro volatility is increasing, but Bitcoin remains in a range-bound liquidity game.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin, ether, solana hold steady as Trump sets Tuesday night deadline for Iran deal
Bitcoin dipped to $68,589 after a brief rally fueled by ceasefire news, as geopolitical tensions persist. Other cryptocurrencies also fell. Market uncertainty continues, with Bitcoin trading within the $65,000 to $73,000 range, awaiting Trump's deadline for Iran negotiations.
CoinDesk28m ago
Bitcoin spot ETF saw net inflows of $471 million yesterday, with BlackRock’s IBIT leading the way at $182 million in inflows in a single day
On April 6, Bitcoin spot ETF net inflows reached $471 million, including a single-day net inflow of $182 million for the BlackRock ETF and a net inflow of $147 million for the Fidelity ETF. Bitcoin spot ETF total net assets were $90.26B, with cumulative net inflows of $56.43B.
GateNews39m ago
Bitcoin is hovering around the $68,000 threshold, and the risk of further downside is increasing as whales sell and demand remains weak.
Gate News: Bitcoin’s price has fallen to around $68,000. It had repeatedly failed to break through the $70,000 level, and market momentum has clearly weakened. The current price is still within the $65,000 to $73,000 trading range, but the risk of testing the lower end of the range is rising.
GateNews1h ago
The SEC will roll out new rules to “regulate cryptocurrencies”: defining what counts as fundraising and what falls under securities; it has already been submitted to the White House
The U.S. Securities and Exchange Commission (SEC) is set to roll out new rules for “regulating cryptocurrencies” to完善 the crypto asset regulatory framework and clarify whether trading constitutes a security. The rule is based on the 1933 Securities Act and may affect compliance pathways for mainstream assets, aiming to balance protecting investors with encouraging innovation.
GateNews1h ago
Santiment Alert: BTC profit-loss ratio hits 2.95, the top signal is approaching
Based on Santiment data, Bitcoin’s profit-to-loss trade ratio has reached 2.95:1, nearing the historical alert level of 3.0, which may signal a short-term price top. A high profit-to-loss ratio also reflects optimistic market sentiment, but it can also build up selling pressure. Historical cases show that a profit-to-loss ratio near 3.0 does not necessarily lead to a pullback; the market needs to combine multiple indicators for a comprehensive analysis.
MarketWhisper1h ago
A whale moved 300 BTC to a certain CEX about half an hour ago, incurring a loss of roughly $8.82 million
Gate News message, April 7, according to crypto analyst Yu Jin, a whale address transferred 300 BTC into a certain CEX about half an hour ago, worth approximately $20.6 million. That address previously, from January to March last year, bought a total of 510 BTC through a certain CEX at an average price of about $98,190, for a total cost of approximately $50.07 million. The 300 BTC transferred out this time corresponds to realized losses of approximately $8.82 million.
GateNews1h ago
