On Saturday, March 28, 2026, BTC continued its downward slide, trading at $66,321, marking a 3.6% drop for the day. ETH was not spared, plunging to $1,992, also losing 3.6% within 24 hours. Over the week, the decline intensified to 6%, confirming a significant correction phase. Markets closed the weekend on a bearish note, with no immediate signs of a rebound. This downturn can be attributed to a combination of factors. Firstly, macroeconomic fears persist: rising U.S. bond yields are drawing capital towards safer assets. Secondly, rumors of massive sell-offs by large BTC holders, the so-called ‘whales,’ are circulating on social media, amplifying panic among retail investors. ETH, meanwhile, is suffering from the general market downturn and the weakness in DeFi, which is seeing its volumes shrink. For investors, this Saturday serves as an alarm signal. The loss of the $67,000 threshold is psychologically significant, as it paves the way for a test of $65,000. Market analysts note that weekends often see amplified movements due to reduced liquidity. In the absence of a positive catalyst, the trend remains bearish, and the coming days will be crucial in determining whether this correction is temporary or the start of a deeper movement.
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