數據：192.75 枚 BTC 從 Wintermute 轉出，價值約 505 萬美元

分析師：比特幣 BTC 過熱泡沫已消化，但賣壓仍未消失

鏈上資料分析師Axel的研報指出，比特幣市場已回歸中性區間，但整體仍有虧損狀態，賣方壓力未消。MVRV Z-Score顯示估值泡沫已消，然而aSOPR連續55日低於1.0，顯示賣壓持續。Axel強調，市場的關鍵在於賣壓是否枯竭，需觀察aSOPR是否能穩定在1.0以上。

Trading Time: Crypto Regulation Receives Major Positive News, Bitcoin May "Crash First Then Rally" After Interest Rate Decision Meeting

每日行情重點數據回顧和趨勢分析，由PANews出品。 宏觀市場 美以對伊打擊進入第19天，特朗普宣稱"已徹底摧毀伊朗軍事力量"且無需北約盟友協助，而伊朗則宣佈發動"真實承諾-4"行動第61波攻勢，以此報復伊朗最高安全委員會秘書拉里賈尼遇害。分析認為，拉里賈尼的去世對伊朗政權運作的影響將遠超哈梅內伊。 週二美股延續反彈走勢，三大股指微漲。然而，這場由美伊戰爭引發的拋售潮遠未觸底。美銀策略師Michael Hartnett警告，中東衝突與私人信貸擔憂已擊碎"泡沫式牛市"，但當前5.6的情緒指標和8.5的多空賣出信號，表明市場尚未達到歷史級別的極度悲觀。 本週四凌晨的FOMC會議前，芝

US National Debt Breaks Through $3.9 Trillion, Will Investors Bet on Safe-Haven Assets Like Bitcoin?

On March 18, US national debt surpassed $39 trillion, drawing market attention. Rising long-term deficits and increased interest burdens are driving debt growth, while investor interest in decentralized assets like Bitcoin is increasing. Policymakers face a trade-off between debt repayment and funding new projects. Rising debt could impact infrastructure investment and long-term economic growth, and the market needs to monitor how debt developments affect investment strategies.

某 CEX 過去 24 小時交易量達 14.43 億美元，XRP、BTC、ETH 位居前三

According to Gate News, on March 18, a certain CEX's trading volume was $1.443 billion, down 42.67%. The top five tokens were XRP, BTC, ETH, POLYX, and BTT, with trading volumes accounting for 12.90%, 7.95%, 6.91%, 6.10%, and 4.90% respectively.