Bitcoin dropped below $68,000 on Sunday, March 22, triggering large-scale liquidations of $400 million and returning to the 200-week exponential moving average (EMA) — an indicator that has not become a reliable support level in 2026.
Looking at price fluctuations since early February, a very specific and concerning pattern is forming, strikingly similar to what we saw between November and January. Ultimately, that setup paved the way for a major sell-off — with the price dropping to nearly $60,000.
Trading firm QCP Capital released a new report analyzing the current state of the Bitcoin market amid the most important central bank week of the year. According to the firm, Bitcoin is trading around $74,000, holding its range after a recent shock but struggling to break local highs.
The market structure of $XRP continues to signal caution as price action remains near critical support, despite growing institutional narratives. The asset trades within a clearly defined downtrend, marked by consistent lower highs and lower lows since the August peak.
Zcash rose more than 20% yesterday, breaking the descending trendline that had been in place since December, and is now pulling back 3.78% to $266.16, while buyers and sellers determine whether $280 will hold as support or return as resistance. Yesterday was one of the most active trading sessions for $ZEC in recent months. Today is the reality check.
Ethereum is trading around $2,260 after several weeks of recovery from the recent low near $1,745. The recovery has triggered cautious optimism in the market. However, technical indicators still point to a fragile structure.
Bitcoin broke above $74,000 and returned to the levels of early February. On March 16, the price on the Bitstamp exchange reached $74,425, the highest level since February 4. The weekly increase amounted to 10.3%, and the weekly candle closed above the 200-week exponential moving average, a level that traditionally separates bull and bear markets.
The price of Bitcoin has increased by approximately 2.6% over the past 24 hours. The asset briefly tested the $72,000 level before experiencing a slight pullback. This movement occurred during an attempt to break through a local resistance zone that had limited price movement for several days.
In the cryptocurrency market, Bitcoin, which has recently shown bullish signals, is beginning to encounter significant technical resistance levels. Crypto analyst Murphy Chen stated that in the short term Bitcoin may face strong selling pressure at the $74,000 and $78,880 levels.
The price dynamics of Solana over the past month appear stable. The asset’s quotes declined by only 1.4% over thirty days. However, this consolidation only creates the appearance of market balance. A broader perspective reveals a completely different situation.
Ethereum continues to trade under pressure as market data indicates a prolonged correction after historic growth. Traders are now watching critical technical levels, while derivatives activity and spot flows reflect shifting investor sentiment. As a result, the market is facing a consolidation period as participants evaluate whether Ethereum will stabilize or extend its downtrend.
Bitcoin is trading at $70,776, up 3.43%, breaking above the SAR level of $69,456 within an ascending channel on the 30-minute chart.
On January 10, after a short consolidation, Bitcoin ($BTC) managed to secure a position above the psychological level of $70,000. Despite a mixed on-chain picture, analysts are showing some optimism about the short-term prospects of the coin.
Since the beginning of the year, the value of $XRP has fallen by almost 28%. This decline continued a negative trend, as the asset ended 2025 with a 11.6% decrease. The prolonged price weakness has pushed a significant portion of the market supply into the loss zone.
After Bitcoin rose above $74,000 on March 4, it failed to hold key levels. Over the following three days the price fell by 7.6%, and analysts point to the risk of a further decline toward $61,000.
Bitcoin ($BTC) retreated from key levels due to macroeconomic uncertainty and geopolitical factors. According to Coinglass, the sharp decline in price resulted in $323.96 million in liquidations over the past 24 hours.
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