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Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of MarsBit

Bitcoin prices are working hard to recover above the resistance level of $26650. If BTC remains below the resistance level of $26650, it may start another decline

Disclaimer: This article aims to convey more market information and does not constitute any investment advice. The article only represents the author's viewpoint and does not represent the official stance of Mars Finance

In recent weeks, the price trend of dog coins has shown a downward trend, largely due to the emergence of PEPE coins, which has overshadowed their popularity. In the past 24 hours, the increase in DOGE has been limited, with only 1% increase

According to the Financial Times, the UK government is attempting to promote the acquisition of Silicon Valley Silver's UK subsidiary to prevent the impact from spreading to the entire technology industry;325 venture capital institutions including Sequoia and 650 founders jointly declare that Silicon Valley Bank cannot fail;Director of the Financial Supervisory Authority of the Russian Federation: Russia's cryptocurrency trading volume is close to $13 billion;Federal Reserve Emergency Plan: Starting from March 13th, depositors can withdraw all cash from banks in Silicon Valley;Federal Reserve: The Treasury Department will provide $25 billion in emergency loan support, and Signature Bank has closed;TetherCTO: Tether has no exposure to SignatureBank;Biden: Will hold responsible for the "chaos" of Silicon Valley banks and strengthen regulatory efforts on large banks;Goldman Sachs: Maintain the expectation that the Federal Reserve will raise interest rates by 25 basis points in May, June, and July unchanged;Founder of Panxing Square Capital: Despite the intervention of the Federal Reserve, more banks may fail;Binance's spot trading volume reached $540 billion in February, setting the highest market share in the platform's history;National Bank of Australia issues stable currency on Ethereum;The Indian law enforcement agency has seized over $115 million in cryptocurrency in money laundering cases;DCG: Santander Bank, HSBC Bank, Deutsche Bank, etc. are still willing to provide services for encryption companies;Huobi: All funds have been withdrawn from SignatureBank and Silvergate Capital;Nomura expects the Federal Reserve to cut interest rates by 25 basis points in March and suspend quantitative tightening;Founder of Citadel: After the Federal Reserve rescued Silicon Valley banks, American capitalism is collapsing before our eyes;Bloomberg: HSBC plans to inject $2

Due to the existence and correlation of liquid collateral derivatives, the unlocking of Ethereum tokens may not be a negative event for ETH.Experts believe that unlocking ETH tokens when counterfeit coins are 50% lower than their historical peak will be a small matter

In the context of large-scale sell-off in the broader hidden market, the price of eutum (Eth) has fallen below $2000, which seems to be a huge whale dumping ground. As of the time of publication, Etalum's stock price fell by 6

Market panic led to the liquidation of $300 million worth of positions and the erasure of $1 billion of open positions within 24 hours. This is a major blow for both long and short traders, as many are forced to sell at a loss

Bitcoin (BTC) prices have shrugged off concerns about sudden changes in long-term dormant wallets, as well as ongoing regulatory uncertainty surrounding Coinbase's lawsuit against the US Securities and Exchange Commission due to unclear encryption rules, and have rebounded strongly to a level of over $28000 for the first time in four days.This may be due to a surge in technical buying before the 50 day moving average of $27200, as well as recent support from a low point slightly above $27000