Bitunix Analyst: Policy Flip-Flops Weaken Pricing Foundation, Unresolved War Risk, Market Back to Uncertainty Dominance

BlockBeats News, March 24th. Recently, the market briefly rebounded amidst policy and geopolitical signals but then turned weak again. Japan is considering intervening in the oil market, the US is using LNG to pressure the EU, indicating that energy has become a policy tool. Trump's "pause in hostilities" triggered a rapid five-minute cross-asset reversal, but Iran promptly denied negotiations, making the fluctuation more of a liquidity disruption rather than a trend reversal.

At the same time, there is still internal disagreement within the Federal Reserve on inflation and interest rate paths, with the market lacking a clear anchor. While White House remarks may support the market in the short term, the repeated actions are seen by traders as tradable signals rather than trend indicators. Coupled with actual US military deployment actions, the market is beginning to price in a "parallel negotiation and military" scenario, with risks still unresolved.

BTC rose rapidly and then fell back, maintaining a range-bound structure. The key liquidity area above is 75,000, with 72,200 as a short-term speculative zone. Below, 69,300 is the first support level, and once breached, a retest of the 67,800–67,500 liquidity range may occur. Overall, the price is still oscillating between luring long positions above and finding support below.

The key point is that the current crypto market is merely a result of liquidity: testing liquidity when policies are stable and retracting when risks are repriced, without forming a one-sided structure.