The conflict between the USA and Iran continues to impact Bitcoin and altcoins. Bitcoin, which recently rose to $76,000, has once again tested the $65,000 level amid escalating tensions in the conflict. While everyone is wondering when the war will end and whether the decline will continue, the time for the expiration of options contracts on the cryptocurrency market has arrived, as it does every Friday.

The Ethereum Foundation has sent another batch of coins for storage. According to Arkham data, on April 3, the organization directed $46.64 million worth of ether into staking. Now, the total amount of funds blocked by the foundation has reached $96.59 million.

The cryptocurrency-focused analytical company MakroVision has published an updated assessment of Ethereum's short-term technical prospects. According to the analysis, Ethereum is struggling to recover due to selling pressure it has faced at critical resistance levels recently.

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Bitcoin and altcoins continue to be negatively impacted by the recent events and statements between the USA and Iran. Today's sharp statements from Trump regarding Iran led to a decline in $BTC and altcoins, and market forecasts from Polymarket for April were also published.

Bitcoin and Ethereum exchange-traded funds (ETFs) continued their recovery, with inflows on the second day in a row. Activity in XRP and Solana ETFs remained absent, signaling a decline in short-term interest.

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Ethereum ($ETH) is trading above $2,000. The cryptocurrency may close March with its first green monthly candle since August 2025, breaking a six-month losing streak.

Bitmine Immersion Technologies has acquired more Ethereum ($ETH). According to the company’s report, it purchased 71,179 $ETH over the past seven days.

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In light of a potential deal between the United States and Iran, it is worth addressing why the end of the Middle East conflict may not prevent Ethereum from falling.

As institutional buying in the crypto market remains strong, Bitmine has once again made headlines with a major Ethereum purchase. According to analytics platform Lookonchain, citing Arkham data, the company acquired approximately 67,111 ETH on Tuesday. The total value of the purchase is estimated at around $145 million.

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Ethereum is holding around $2,135, about 9% below recent March highs. The daily chart currently reflects a classic distribution phase, with two key on-chain signals pointing in opposite directions.

U.S. exchanges affiliated with the New York Stock Exchange have amended their rules, removing key restrictions on options trading tied to spot Bitcoin and Ether ETFs. This significantly changes how these derivatives are managed.

The asset’s price has formed a standard bullish divergence. A similar technical setup previously triggered a price increase of nearly 25% earlier this month. Currently, the token is trading around $2,140 after a 48% drop from the January high of $3,400. Clearly, conflicting signals from the spot and derivatives markets significantly complicate forecasting further price movements.

The number of active addresses on the Ethereum blockchain has increased significantly. Users are likely utilizing smart contracts and interacting with DeFi. So far, the price of $ETH has not reacted to the increased number of transactions.

From March 18 to March 20, the probability of $ETH falling to $1,500 rose from 54% to 65%, although this is still 23% below the record level of 84% recorded on February 6 during a sharp dump, when panic hit the market and the cryptocurrency’s price fell below $1,750.

The spot exchange-traded fund market faced a renewed outflow of funds after a week of active growth. According to SoSoValue, investors began reducing positions in major digital assets, while the trend reversal coincided with increased volatility and mass liquidations in the futures market.

Last week, Bitcoin and altcoins showed a strong recovery after the decline that began in October.