Solana (SOL) fell back to $87 after failing at the resistance level of $93, with a daily decline of 5.7%. The market is paying attention to the support zone between $82 and $91; if it breaks down, a new round of declines may begin. Meanwhile, technical indicators suggest a weak medium to long-term trend, but the fundamentals remain strong. Short-term performance depends on the support zone; if it is lost, watch for levels at $53 and $35 below.

In March 2026, Ethereum ETFs experienced a reversal of funds, with net outflows exceeding $390 million within 7 days, indicating a contraction in institutional risk appetite. The rapid switching between outflows and inflows signifies strategy adjustments influenced by geopolitical and macro changes. Although short-term outflows suppress prices, long-term supply and demand trends along with institutional accumulation may bring resilience.

David Sacks has concluded his 130-day tenure as the White House's cryptocurrency and artificial intelligence affairs chief and will transition to co-chair of the President's Council of Advisors on Science and Technology, continuing to influence U.S. technology policy. He will focus on advancing a unified regulatory framework for artificial intelligence and engage in policy research across several key areas. This change may affect the future coordination of cryptocurrency and AI regulation.

The largest-scale crypto options settlement of the first quarter of 2026 is about to arrive, with the nominal value of Bitcoin and Ethereum options totaling $15.15 billion. Market sentiment is cautious, and long positions are in the lead. The settlement may trigger a price mean-reversion effect, so the market needs to watch subsequent volatility and how changes in the options structure affect price.

Aave has proposed a governance proposal to allocate 100% of all product revenue to the DAO, attracting market attention. This proposal emphasizes the value distribution of "protocol as community" and commits to future development centered around the Aave ecosystem, while introducing a quarterly reporting mechanism to enhance transparency. If approved by voting, Aave could become a DeFi protocol with prominent community-driven characteristics.

Bitcoin’s current price is about $68,500. The momentum for a rebound in the near term is weakening, and the technical picture suggests it may be in a consolidation phase within a downtrend. The RSI shows a hidden bearish divergence, and on-chain data warns that core capital confidence has weakened. The derivatives market amplifies the risk of volatility; if the key support level of $68,700 is broken, it could trigger a downside correction and potentially reach lower price ranges.

Under the backdrop of macroeconomic uncertainty and geopolitical conflicts, the Bitcoin market is showing signals of differentiation between large investors continuously accumulating and retail investors entering. Although the reserves of Bitcoin on centralized platforms have dropped to new lows, potentially alleviating selling pressure, market sentiment has not fully shifted to bullish. If retail investors take profits while large investors continue to accumulate, it could favor a price breakout; conversely, the market may continue to fluctuate.

Despite the international gold price retreating, on-chain funds continue to flow into tokenized gold. Multiple whale addresses have purchased Tether Gold, indicating a medium to long-term holding signal. Macroeconomic factors influence gold price fluctuations, but Tether is promoting the expansion of XAUT to the BNB Chain, enhancing liquidity. The market size is growing rapidly, and analysts are optimistic that the gold price may rise again.

XRP is currently fluctuating around $1.36, forming a structure of "continuously lower highs," with market sentiment being cautious. The stop-loss behavior of short-term holders has led to weak rebounds, and giant whales reducing their holdings further suppresses market confidence. Although there are bullish divergence signals from a technical perspective, the short-term trend still needs to focus on the support level of $1.36; if it breaks below, a continuation of the adjustment may occur.

According to the BIT on Target report, Bitcoin should be understood from the perspective of liquidity and capital flows. At present, market sentiment is cautious, trading activity and fund flows are unclear, and in the short term it may remain range-bound with fluctuations, but there are still structural opportunities.