BitMine Chairman Tom Lee believes Ethereum may be at the tail end of the cryptocurrency winter. The company has recently increased its ETH purchases, demonstrating strong safe-haven characteristics. He is optimistic about the passage of the Clarity Act, which he believes will help improve Ethereum's fundamentals. Ethereum is currently trading at $2,138, though geopolitical tensions remain a source of uncertainty.

US retail investors' participation in the stock market has noticeably declined, with retail trading volume dropping to 8.1%. They are withdrawing from high-volatility assets and shifting toward safe-haven assets such as gold ETFs, indicating rising demand for defensive positioning. Heightened macroeconomic uncertainty is prompting retail investors to reduce leverage and shift toward medium to long-term strategies, with future trends subject to market volatility impacts.

On March 24, Ethereum Foundation researcher ladislaus.eth posted that Ethereum core developers will decide on March 26 whether to include EIP-8141. This proposal aims to decouple accounts from signature schemes, providing a migration path for post-quantum-safe signatures. If execution layer transactions remain dependent on ECDSA, it will result in incomplete migration.

On March 23rd, gold prices plummeted approximately 25%, falling below $4,200 per ounce, with over $10 trillion wiped from market value. Despite tensions between the US and Iran and rising inflation, the market engaged in heated discussions about the reasons for the gold price decline. Analysts pointed out that this selloff may be related to high interest rates and shifts in market sentiment, with future focus on macroeconomic data and the Federal Reserve's policy direction.

Iran warned that agencies assisting the U.S. military could become targets of attack, sparking concerns among global investors and impacting market sentiment for safe-haven assets such as U.S. Treasuries. Geopolitical risks may cause fluctuations in bond yields, interest rates, and commodity markets, and investors should pay attention to their long-term effects.

On March 23, gold prices fell 2%, approaching $4,400, marking a new low since the end of 2025, with the selloff nearly erasing gains from early 2026. The Iran war and oil crisis are impacting gold price movements, with rising crude oil prices exacerbating inflation, central banks maintaining unchanged interest rates or even hiking rates, rising bond yields weakening gold's appeal, and a stronger dollar suppressing demand. Insufficient speculative momentum is accelerating the selloff, with the market showing clear divergence on the outlook. $4,300 is a key support level; if broken, it could accelerate further selling. Analysts predict gold prices could potentially return above $5,000, but market risks and external impacts warrant caution.

On March 23rd, the Korean won fell to 1,511 won per US dollar against the dollar, marking its lowest level since 2009, driving investors to seek safe-haven assets. In South Korea's crypto market, however, USDT experienced a rare discount, trading at approximately 0.5% below the US dollar spot rate. Geopolitical tensions and stock market sell-offs have suppressed stablecoin demand, with USDT's discount reflecting intensifying risk-off sentiment in the market.

On March 23rd, the gold market experienced severe selling pressure, posting its worst week since 1983, prompting investors to reassess safe-haven assets. Analysis indicates that the gold price decline stems from concentrated position liquidation, with market drivers shifting toward liquidity prioritization. Rising bond yields have also triggered cross-asset selling, as institutional investors begin turning toward private markets and digital assets. The gold decline demonstrates that asset pricing mechanisms are changing in a liquidity-driven environment.

Bitcoin rebounded above $70,000 on March 20, with a market cap of approximately $1.41 trillion, but gains were limited by declines in tech stocks and rising demand for safe-haven assets. Institutional capital outflows indicate slowing Bitcoin demand, and investors need to monitor market dynamics to assess potential risks.

Bitcoin demonstrates resilience amid global market volatility, outperforming most assets despite recent declines exceeding 3%. Analysts point out that the support zone of 69,000 to 70,000 USD is crucial for future price movements, and holding this level could trigger a rebound. Overall, Bitcoin exhibits clear safe-haven characteristics against the backdrop of geopolitical tensions and soaring oil prices.