Spring Consolidation.

Par DCN Editorial Team
Publié le 1 April 2026

Analyse

Spring Consolidation: Bitcoin and Ether Digest Gains, Eyes Turn to Macro

The week ends on a note of moderate consolidation for the two leading cryptocurrencies. Bitcoin (BTC) is currently trading at $68,986, slightly down from last week’s peak, while Ether (ETH) stabilizes at $2,109. The market notably lacked strong catalysts, with trading volumes remaining below the 30-day average. Altcoins, except for a few AI and Real-World Assets (RWA) projects, followed BTC’s downward trend.

Analysis: Between Macro Caution and Technical Signals

Several factors explain this sideways movement. First, the macroeconomic environment remains uncertain. The latest Federal Reserve minutes published Wednesday reaffirmed a cautious stance on interest rates, with members divided on the need for a May rate cut. This lack of clear direction weighs on risk assets, including crypto.

Second, the market is witnessing capital rotation: investors appear to prefer securing gains after the March rally rather than taking new risks. BTC tested the $68,000 support multiple times without breaking it decisively, suggesting relative resilience. For ETH, the $2,100 level acts as a psychological floor, but the $2,200 resistance was not breached due to lack of volume.

Finally, US spot Bitcoin ETF flows were mixed: after net inflows early in the week, two days of moderate outflows cooled enthusiasm. On the Ethereum side, ETFs continue to record negligible flows, signaling that institutional interest remains focused on BTC.

Outlook: What to Watch Next Week

The coming week will be crucial. Two major macroeconomic events are expected: the release of the US Consumer Price Index (CPI) on Wednesday and the start of the quarterly earnings season for major US banks. A CPI reading lower than anticipated could revive hopes of a rate cut and push BTC toward $70,000. Conversely, a high figure would reinforce selling pressure.

On the technical side, BTC must...