The March Slide: BTC and ETH Under Pressure, Market Seeks a
The March Slide: BTC and ETH Under Pressure, Market Seeks a Floor
The week ends on a bitter note for investors crypto. Bitcoin (BTC) trades at $65,714, down 4.2% over seven days, while Ethereum (ETH) retreats to $1,938, a weekly loss of 6.1%. The deux actifs majeurs have touché leurs more bas depuis fin January, the BTC frôlant the $64,000 midweek avant a slight rebond.
Analysis: A Cocktail of Macro Tensions and Reduced Liquidity
Plusieurs facteurs expliquent this correction. D’abord, the donnĂ©es macroĂ©conomiques amĂ©ricaines have refroidi the ardeurs : employment figures of February, publiĂ©s vendredi, have montrĂ© a crĂ©ation of postes more strong that prĂ©vu (235 000 against 210 000 attendus), renforçant the craintes that the Federal Reserve maintienne of taux Ă©levĂ©s more longtemps. The dollar a grimpĂ© of 0.8% on the week, exerçant a pression on the actifs risquĂ©s.
Ensuite, the flux sortants of spot Bitcoin ETF se are accélérés. Selon the données of CoinShares, the crypto investment products have enregistré net withdrawals of 320 millions of dollars on the week, the more strong sortie depuis December 2025. The investors institutionnels semblent prendre of bénéfices après the rallye of February.
CĂ´tĂ© Ethereum, the faiblesse is amplifiĂ©e par relative underperformance of the rĂ©seau. The frais of transaction restent bas (moyenne of 1,2 $), signe d’a activitĂ© on-chain modĂ©rĂ©e, and the concurrence of L2 comme Base or Arbitrum continue of capter l’attention. The ratio ETH/BTC is tombĂ© Ă 0,0295, son more bas level depuis trois ans.
Outlook: Watch the Threshold at $64,000 for the BTC
The week Ă venir sera cruciale. The BTC teste actuellement support at $65,000, an important psychological level. En cas of cassure sous $64,000, a retreat toward $60,000 n’is pas exclu, surtout si the craintes macro persistent. Ă€ l’inverse, a rebond on-dessus of $67,000 pourrait signaler a retour of the confiance.
For Ethereum, the threshold of $1,900 is a plancher technique. A clĂ´ture hebdomadaire sous this level ouvrirait the voie vers $1,800. The investors guetteront the annonces of the Fed mercredi (dĂ©cision of taux) and the donnĂ©es d’inflation jeudi. En attendant, caution reste of mise : the marchĂ© digère the excès of February and cherche a nouvel Ă©quilibre.
⚠️ Disclaimer Not investment advice.
⚠️ Avis Pas a conseil en investissement.
⚠️ Avis Pas a conseil en investissement.
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⚠️ Avis Pas un conseil en investissement.
⚠️ Opinion and analysis — not investment advice
This article is for informational and analytical purposes only. It does not constitute investment advice. Cryptocurrencies carry high risk.
