Today is March 29, 2026. Bitcoin price, after experiencing a sharp decline yesterday, is currently hovering around $65,800, down approximately 0.5% in the past 24 hours. Market sentiment has slightly eased from panic, but overall remains fragile.

📊 Today's Key Event Analysis

Event Dimension Specific Performance Impact on Market
Macroeconomic Pressure The US 10-year Treasury yield remains high at 4.42%, with no signs of easing expectations for rate hikes in 2026. The sustained high yields continue to drain liquidity from risk assets, and the selling pressure on Bitcoin as a risk asset persists.
Geopolitical Tensions The situation in the Middle East remains tense but without large-scale escalation; risk aversion has cooled somewhat compared to yesterday. Gold has seen a slight pullback, and Bitcoin has not attracted safe-haven buying as “digital gold,” indicating that the market still views it as a risk asset.
Technical Bottoming Bitcoin has found initial support around $65,000, with trading volume shrinking compared to yesterday. Selling pressure has weakened, but buying interest is also insufficient. The market is in a “downtrend consolidation” phase, and caution is needed for a potential double bottom.
Fundamentals No significant net inflow/outflow data for Bitcoin ETFs today, and Coinbase premium remains near zero. Institutional investors are in a wait-and-see mode, and the market lacks clear signs of increased capital inflows or dominant selling pressure.

📉 Impact on Bitcoin Trends

Overall, today’s market is in a “breathing period after panic,” but the core contradictions (rate hike expectations, geopolitical risks) have not fundamentally changed.

· Short-term (1-3 days): Bitcoin is expected to fluctuate between $64,000 and $67,000. If the PCE inflation data released this week exceeds expectations, it could trigger a new decline, testing the $60,000 psychological level; if the data is moderate, a weak rebound may occur.
· Mid-term (1-2 weeks): The trend depends on two key variables—whether US bond yields peak (determining if capital flows back) and whether Middle East tensions ease (affecting inflation expectations). Until clear signs of improvement appear in both, any rebound should be viewed as an opportunity to reduce positions or wait, rather than a trend reversal.

Today is the weekend, and market liquidity is relatively low, which may amplify volatility. Are you planning to place staggered orders at this level, or continue to wait for clearer signals? $BTC