March 10

1. Bitcoin Market: Bitcoin is showing a strong rebound, closing at $69,499 at its highest; currently trading at $68,442. Ethereum reached a high of $2,053 and is now at $1,993.77.

Commentary: Still a highly volatile market. If you want to trade, focus on the short-term within the $65,000–$72,000 range. Buy low and sell high.

2. Altcoin Market: SOL is rebounding strongly, now at $85.7; DOGE's rebound is weaker, now at $0.0912; UAI has dropped 23%, now at $0.271; PENGUIN down 18%; DOGS, which is nearing zero, surged 35%; PIPPIN rose 13%, now at $0.378; RIVER fell 14%, now at $12.

3. Neighboring Markets: The three major US stock indices all closed higher, with the NASDAQ up over 1%, AMD up over 5%, Intel and Broadcom up over 4%, and NVIDIA up over 2%. The Chinese A-shares opened sharply lower due to the decline in Asian markets but rebounded later; however, all three indices still closed lower. Gold fluctuated and closed at $5,150; silver rose 3.6%, closing at $87.3; oil prices plunged from high levels, with NYMEX WTI crude futures dropping $5.82 to close at $85.08 per barrel, a 6.40% decline.

Commentary: Don’t compare oil prices and gold/silver bull markets directly. Gold is a non-essential resource, similar to Bitcoin, and its price can be driven up by speculation. Oil, however, is a fundamental industrial resource used in daily production and life. Unless there are long-term changes in fundamentals (e.g., US-Iran war evolving into a prolonged conflict or OPEC's extended production cuts), prices won’t keep rising steadily. Short-term speculation is more likely.

4. Major News: US President Trump said in a phone interview, “I think this conflict is basically over, almost done.” This eased market panic, and the VIX fear index dropped over 13%.

5. Financial News: The G7 held an emergency video conference and issued a joint statement saying they are “ready at any time” to take necessary measures to support global energy supply and stabilize prices, but will not release strategic petroleum reserves for now.

6. Financial News: US stock markets are entering a “year-round trading” era. Nasdaq announced plans to launch a new tokenized stock mechanism aimed at helping listed companies better control their tokenized shares. The framework is expected to be operational by the first half of 2027, and token holders will enjoy governance rights equivalent to those of traditional shareholders.

7. Financial News: Trump stated at a press conference on Monday that the US will temporarily lift some oil-related sanctions to ensure sufficient oil supply and lower prices.

8. Financial News: The stock markets of Japan and South Korea opened sharply higher.

9. Financial News: SlowMist CISO: Attackers are poisoning Bing AI search results to distribute fake OpenClaw programs to steal crypto assets.

10. Cryptocurrency News: The 20,000,000th Bitcoin has been mined; only 1 million Bitcoins remain to be mined. Every new Bitcoin mined decreases the total supply.

11. Cryptocurrency News: Strategy purchased 1,360 Bitcoins today through STRC and plans to raise funds by selling shares before and after market hours to buy more Bitcoins.