On March 12, analyst Omkar Godbole noted that Bloomberg predicted Bitcoin could fall to $10,000, but the industry considered this forecast unreasonable. The Deribit platform showed that approximately $800 million in put options are concentrated at $20,000, with some traders preparing for a possible crash. Despite external market volatility, Bitcoin remained around $70,000, demonstrating resilience. Analysis indicated that market consolidation could lay the foundation for subsequent price movements.

The on-chain perpetual contract DEX market trading volume continues to decline, but the open interest remains high, and leverage funds have not shown significant outflows. Hyperliquid's open interest has increased, ranking first in 24-hour trading volume. Trading volumes on other DEXs are also notable, indicating active trading activity.

Gate News Announcement: On March 12, the privacy browser Brave Wallet added support for NEAR Intents functionality, allowing users to perform cross-chain asset swaps within the browser, covering Bitcoin, Solana, Zcash, Cardano, and EVM chains.

Gate News Report, March 12 — Market analysis firm 10x Research stated on the X platform that its model has triggered the most altcoin buy signals since October of last year. Although the overall sentiment in the crypto market remains weak and trading volume is near lows, the technical momentum of some altcoins is improving and aligns with fundamental catalysts.

Gate News reports that on March 11, the whale address "pension-usdt.eth" made its first move into traditional assets, going long on CL crude oil futures near $87, with an increased position to $2.54 million and a floating profit of $1,500. This is its first foray into the RWA sector, having previously mainly traded BTC and ETH.

Bitcoin market sentiment is improving, with more traders expecting the price to break above $80,000 in the coming months. The options market signals a bullish bias. Currently, Bitcoin is trading near $70,000, and analysts believe that if the bullish sentiment continues, a new directional move may emerge in the future.

Nvidia plans to launch the open-source AI agent platform NemoClaw, driving the rise of AI-related crypto assets. Several AI tokens have performed well, with an overall increase of approximately 4.8%. NemoClaw will assist companies in developing intelligent agents, integrating security and privacy tools, and is expected to further promote collaboration at the upcoming developer conference.

Gate News Announcement, March 10, renowned trader and chart analyst Peter Brandt released a Bitcoin chart analysis. Peter Brandt successfully predicted the 2018 Bitcoin crash. The chart shows the "Big Banana" chart displaying a large upward curved channel on the long-term weekly chart (2014-2027); the "Small Banana" chart shows a smaller similar curve currently forming near $69,000 on the daily chart. The arrows in the chart clearly point upward, indicating higher targets.

2026-03-10 02:30 to 2026-03-10 02:45 (UTC), ETH's 15-minute return reached +1.32%, with a price range of 2020.97 to 2054.01 USDT, and an amplitude of 1.63%, showing a significant anomaly. Market attention increased accordingly, volatility intensified, and short-term trading activity rose. The main driver of this anomaly was the concentration of large on-chain funds buying in, especially multiple large wallets making cumulative large purchases of over 3000 ETH near key support levels, directly pushing up the ETH price.

On March 8th, analyst Willy Woo pointed out that Bitcoin faced resistance near $75,000, but since mid-February, capital flows have been recovering, and market sentiment may shift toward risk appetite. Although there is a short-term rebound opportunity, in the long term, Bitcoin remains in the mid-stage of a bear market and may experience sideways consolidation and test resistance levels.