ALLO（Allora）24小時下跌17.78%

RWA 收益基礎設施交易

這篇文章強調了直接RWA代幣敞口的挑戰，強調了在結算延遲中槓桿機會的潛力，批評了Morpho的治理代幣結構，並將Fluid呈現為更有效的代幣模式，具有穩定幣聯動。

Finam 分析師：黃金可能暴跌至 3100 美元，別接刀等反轉再建倉

俄羅斯Finam分析師杜德琴科警告黃金可能跌至每盎司3,100美元，建議投資者遠離市場，等待價格反轉再入場。黃金下跌主要因聯準會利率政策擔憂和大型機構的被動平倉。即便黃金回調，仍預計未來向5,000美元邁進。白銀市場亦面臨類似壓力。

10x Research: Circle Stock Price Drops About 20% in a Single Day, Will Reassess "Long Circle Short Certain CEX" Strategy

10x Research analysis indicates that Circle and a certain CEX face intensifying stablecoin economic competition. Circle's stock price declined due to CLARITY Act uncertainty, but the act could bring structural benefits. Circle supports stablecoin regulation in exchange for legitimacy, while the certain CEX prioritizes short-term profitability. Their business models are opposing—under regulation, Circle may forgo high-profit distribution in exchange for sustained "regulatory certainty" and drive institutional adoption and financial integration.

Arthur Hayes: Current Market Plagued by Fantasy of Future Bullish Catalysts, Won't Buy Here Personally

BlockBeats news: On March 25, Arthur Hayes posted on social media stating that the current market is full of illusions about a positive future outlook. While he personally hopes the killing stops, he will not buy risk assets here.

伊朗戰火未熄催生通膨壓力！升息預期飆升，比特幣持穩 70K

美國與伊朗的軍事衝突加劇，導致油價上漲至每桶104美元，通膨壓力重現。聯準會升息機率大幅上升，美股漲跌互現，科技股承壓，能源股表現強勁。比特幣持平於70,500美元，市場對未來資金成本重估，現金成為投資者的偏好。

Arthur Hayes: Current market exists in fantasy about future positives, personally won't buy in at this point

Gate News 消息，3 月 25 日，Arthur Hayes 在社交媒体发文表示，当前市场存在大量对未来利好前景的幻想。他表示个人当然希望杀戮能停止，但不会在这里买入风险资产。