Secondary Market Daily Report 20260311

Biteye

Market Overview The cryptocurrency market is currently showing a pattern of oscillating recovery. Due to rising oil prices driven by Middle East geopolitical conflicts, the market is closely watching the upcoming US CPI data to assess whether inflation pressures will delay the Federal Reserve’s rate cuts. Although the Fear & Greed Index remains low, the RWA (Real World Assets) sector has taken the lead. Bitcoin is trading within a wide range of $62,772 to $71,827, as the market digests macro pressures while seeking a balance point supported by long-term value.

Mainstream Coin Analysis BTC Treat short-term movements as rebounds, not trend reversals. Geopolitical conflicts have diverted some liquidity into safe-haven assets like gold and oil, which has somewhat suppressed Bitcoin’s upward momentum. If February CPI data comes in below expectations, a corrective rebound may be triggered; if the data is negative, watch for a pullback to support levels of $64,000 - $66,000. Long-term, Bitcoin’s position as a digital reserve asset remains solid. It is recommended to maintain a light position before geopolitical risks ease.

ETH Currently in a short-term correction within an upward trend. Although institutions like SharpLink and the Ethereum Foundation have made large staking moves, spot ETFs have experienced net outflows from major players like BlackRock, showing relative weakness compared to BTC. Technically, look for low-entry opportunities around 0.0265 BTC or wait for a breakout above 0.0325 BTC to confirm a bullish return. Long-term, Ethereum’s role as a settlement layer for “tech stock narratives” and its ecosystem resilience remain core for long-term allocation.

SOL Showing a divergence between fundamentals and market performance. Despite institutions like Goldman Sachs continuously increasing their SOL ETF holdings and its strong on-chain AI proxy ecosystem, overall market panic has caused its price to lag. The key support/resistance level is $100: if it can hold above this, a fundamental-driven rebound could begin; if it falls below $88, further downside risk should be watched.

BNB Facing short-term selling pressure from large transfers to exchanges, but its fundamental moat remains strong. Binance’s increasing market share during the bear market, along with on-chain prediction markets and AI tools, provides solid valuation support. It is advisable to buy on dips after selling pressure subsides, leveraging ecosystem applications like Launchpool to earn steady returns in a sideways market.

Popular Coin Updates MNT Ecosystem data hits new highs, establishing institutional dominance. Mantle’s DeFi TVL has officially surpassed $1 billion, with stablecoin market cap reaching $980 million. Thanks to deep integration with Bybit, MNT has become a key hub connecting CeFi funds and on-chain RWAs. Supported by Aave V3’s lending volume exceeding $1.25 billion, MNT offers strong allocation value and is one of the most solid growth projects in the current Layer 2 space.

ZEC Major funding injection boosts confidence, privacy sector heats up again. ZODL Labs recently secured $25 million in seed funding led by top firms like a16z, Paradigm, and Coinbase Ventures. The Zodl wallet, core to its privacy finance platform, has grown its shielded pool by over 400%. With backing from top institutions and whale accumulation, ZEC is reversing its previous downtrend and may see a strong rebound driven by privacy narratives.

PENGU Flagship game officially launched, setting a benchmark for Web3 branding. Pudgy Penguins’ browser game Pudgy World went live on March 10, integrating Web2 traffic through a “virtual-physical” toy and game ecosystem. The PENGU token surged 9% intraday on this news and ranked among the top trends on CoinGecko. As one of the few projects with strong IP monetization and community engagement, PENGU is currently one of the most promising bullish plays in the meme and gaming sectors.

VIRTUAL Leading provider of AI proxy economy infrastructure, with verified revenue. Its ecosystem AI proxy service aGDP has surpassed $30,000 in real revenue, and it has partnered with the Ethereum Foundation to develop the ERC-8183 protocol standard, establishing the foundational standard for the AI proxy economy. Under the MEXC zero-fee promotion, trading activity is very high. With solid protocol income and infrastructure position, VIRTUAL is a prime window into the “AI + Proxy” track.

The above information is generated automatically by @xhunt_ai and does not constitute investment advice.

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