BlockBeats message, March 29, Glassnode posted that Bitcoin is currently at the lower bound of the new-buyer cost basis range (from $60,000 to $70,000). Supply accumulation is more noticeable within this price range, but compared with historical precedents that drove a strong recovery, the density of the current coin clusters is relatively thin. In terms of structure, the current accumulation pattern has constructive significance, but in terms of strength it is still insufficient and has not yet formed a clear upside momentum signal.

Gate News reported that on March 29, the on-chain data platform Glassnode posted on X platform, indicating that the current Bitcoin price is at the lower edge of the cost basis range for new investors ($60,000 to $70,000). Data shows that there has been a certain degree of accumulation within this range, but the overall scale is still below the typical levels that historically drive strong rebounds, with relatively weak chip density. Glassnode stated that the current accumulation structure has constructive significance in terms of its shape, but it still lacks intensity and has not formed a clear upward momentum signal.

Gate News reported that on March 29, the Turkish Parliament removed the tax provisions related to cryptocurrency assets during the deliberation of a comprehensive bill. Previously, the provision aimed to impose a 0.3% transaction tax on cryptocurrency transactions conducted through service providers and to implement withholding tax on cryptocurrency gains. This adjustment stemmed from strong opposition from the opposition party. Turkish officials stated that the relevant content may be reintroduced in the future as separate legislation.

The Canadian government has introduced the “Strong and Free Elections Act,” planning to ban political donations in forms such as cryptocurrency because they may create risks to election integrity. At the same time, the UK Labour Party has also paused accepting cryptocurrency donations until the regulatory framework is improved.

Solana (SOL) fell back to $87 after failing at the resistance level of $93, with a daily decline of 5.7%. The market is paying attention to the support zone between $82 and $91; if it breaks down, a new round of declines may begin. Meanwhile, technical indicators suggest a weak medium to long-term trend, but the fundamentals remain strong. Short-term performance depends on the support zone; if it is lost, watch for levels at $53 and $35 below.

The Bitcoin price at key points of $66,000 and $69,000 will trigger the liquidation intensity of long and short positions on mainstream CEXs, reaching $607 million and $638 million, respectively. This indicates that price fluctuations could provoke a strong market response.

On March 26, 2026, from 20:00 to 20:15 (UTC), ETH showed a strong short-term performance, with the price rising from 2046.39 USDT to 2080.46 USDT. The 15-minute interval achieved a +1.10% return, with a volatility of 1.66%. This fluctuation attracted significant market attention, with on-chain large transfers and activity surging, trading volume increasing markedly, indicating that both capital and liquidity are in active zones. The main driver of this movement is continuous large-scale buying of ETH by whales/institutions on the chain, accumulating over 103,300 ETH in the past 10 days.

On March 26, 2026, from 20:00 to 20:15 (UTC), the 15-minute spot Bitcoin (BTC) candlestick return was +0.97%, with a price range of 68,428.7 to 69,460.2 USDT and an amplitude of 1.51%. Trading volume during this period increased by 18% compared to the previous period, reaching approximately $120 million. Market attention significantly intensified, and short-term volatility increased. The main driver of this movement was strong active buying in the spot market. Specifically, multiple large transfers of ≥1000 BTC appeared on-chain, with net inflows of BTC on major trading platforms totaling approximately 28.