In the live broadcast of Xiaobao Community: Ethereum returns to the 2100 mark, can the rebound continue? The live streaming room is currently analyzing

Click on the link to enter the meeting: https://meeting.tencent.com/p/7277739262 Bitcoin (BTC): Currently, it is fluctuating in the 70k-72k range, with large buy orders in the morning (such as multiple million dollar buy orders near $72200), but also accompanied by selling pressure. Recently rebounded from the low point of 60k, but there is still a significant distance from the high point of 126k in October last year. Analysts' opinions are divided: some believe that the bottom has been reached (continuous inflow of ETFs+institutional hoarding), while others warn of a hole above the "air pocket", which may quickly surge to 80k or further explore 60k-65k. BlackRock's IBIT ETF continues to attract funds (with a net inflow of $115 million on March 11), but the overall market is sensitive to geopolitical and inflation concerns. Ethereum (ETH): The price oscillates around $2000-2100, with on chain activity (active addresses, smart contract calls) reaching a historic high, but the price deviates significantly from gas/fee income (down about 30% in the past six months). Institutions such as SharpLink and Bit Digital are still continuing to pledge/increase their holdings, but the weak rebound is due to the reduction of positions by Whale and macroeconomic pressure. BlackRock's newly launched ETHB (iShares Staked Ethereum Trust) has been listed with yield (annualized staking return), with a first day trading volume of $15.5 million, marking a milestone for institutional level staking ETFs. Macro and geo dominated narrative: Middle East tensions (US Iran conflict) have pushed up oil prices (WTI skyrocketed at one point), causing inflation concerns and shifting expectations of Fed interest rate cuts (CME shows only two possible rate cuts in 2026). Cryptocurrency, as a high beta risk asset, is under pressure in sync with the US stock market, but reacts earlier than stocks (BTC first fell and then partially recovered). Other noteworthy points 1. Miner selling pressure: Listed mining companies have sold a large amount of BTC in the past few months, prioritizing liquidity and debt repayment, and the supply side continues to increase. 2. Institutional/ETF: BTC ETF inflows have rebounded, but have become macro sensitive (war risk+oil price inflation → outflows). 3. Short term catalysis: The CPI data for March 11th has been released (affecting the Fed's path), and the FOMC interest rate decision on March 18th is the biggest hurdle for next week; At the same time, a large number of token unlocks (WBT, ARB, etc.) are still in progress, and there is a high risk of liquidity shock. 4. Emotional quote: The market is still going against reality, and many people cannot enter FOMO, while FUD dare not cut; Typical bear market ending features, but no reversal has been confirmed yet. In summary, we are now in the stage of "waiting for macro implementation+waiting for institutional confirmation of real money and silver", with short-term fluctuations as the main focus. Don't easily "all in" or "all out". The real major opportunity may have to wait for the Fed's clear signal and geopolitical easing. Disclaimer: The above content only represents the author's personal opinion and is intended to assist investors in understanding information related to the capital market. It does not constitute any investment advice and does not represent the position or viewpoint of AiCoin. The market is risky and investments should be made with caution.