Trading

Over the past week, Bitcoin’s price rallied back to the psychologically important $70,000 zone and briefly touched around $74,000 by Friday. However, on March 13, analyst Darkfost highlighted that Binance funding rates fell below -0.006 on March 10 and 11, showing heavy short positioning and cautious sentiment. This extreme bearish stance could set the stage for a potential short squeeze if BTC can maintain its recent upward momentum, with the price last seen near $70,852 after a 1.09% daily loss.

Midnight’s NIGHT token dropped 6.7% in the last 24 hours and 21.78% over ten days, with bears defending the $0.062 level despite its spot listing on Binance on 13 March. The price is retesting support near $0.047, while the 1-day and 4-hour charts remain bearish and traders watch for a possible rebound toward $0.055-$0.059 as the mainnet launch approaches in the final week of March.

During the February–March escalation around Iran and the Strait of Hormuz, Hyperliquid’s 24/7 WTI perpetuals traded up toward $115 while NYMEX WTI futures halted at $89.04. As daily volumes on Hyperliquid climbed to roughly $1.2 billion and on-chain derivatives processed $1.59 trillion in six months, liquidity and automation began tightening spreads, even as depth still lags traditional benchmarks.

Analyst Merlijn The Trader argues that bitcoin's current structure mirrors late-2022 price action that preceded a move from $15,000 to $73,000, implying a potential 385% rally above $300,000 if the pattern plays out. He contends that BTC must hold the $65,000 level to complete its base, while another analyst, Doctor Profit, views the recent rise to $74,000 as a temporary "fake pump" before new lows. Bitcoin has twice been rejected at $74,000 in roughly ten days and is now struggling to stay above $70,000 amid a market still dominated by fear.

Decentralized exchange Hyperliquid's HYPE token has rallied 23% in a week and is trading around $36–$37 after a TD Sequential buy signal on March 8 preceded a 28.23% price jump. On March 13 the same indicator flashed a sell signal, and analyst Ali Martinez warned of a possible short-term pullback to about $34 that could create a fresh entry point. Research firm DCo modeled HYPE's value across multiple market capture scenarios, estimating that capturing 0.01% to 1.00% of a $1.74 trillion daily TAM via HIP-3 could justify prices between $60 and $190 by Year 3.

On March 14, 2026, Solana traded above $89 after gaining about 10% over the week, while spot ETFs added fresh capital despite the token having fallen roughly 57% since their July 2025 debut. Recent days saw millions of dollars of positive ETF flows and a long-to-short ratio rising to a monthly high, alongside funding rates turning positive and open interest near $5.01 billion. Analysts are watching the $92 resistance and support around $85–$77 as derivatives positioning and strong on-chain activity shape expectations for a possible breakout.

World Liberty Financial's WLFI token saw daily trading volume jump 166% while price gained just 0.39% over 24 hours, amid a 4.35% intraday pullback in Bitcoin. The token was rejected near a local supply zone and the 78.6% Fibonacci retracement level, with technical indicators and Fibonacci projections pointing to a continuation of the prevailing downtrend.

Bitcoin climbed 4% on Friday to retest the $74,000 resistance level before pulling back to around $72,215 near the top of its consolidation range. According to analyst Sunny Mom, on-chain indicators such as the 6–12 month holder cohort's losses, an MVRV ratio near 1.2, and a low long-term holder share of Realized Cap suggest the market remains in a stress phase without a firm structural bottom. She outlines scenarios from a sharp capitulation drop to an extended trading band between $60,000 and $80,000, with volatility expected inside the $60,000 to $70,000 zone.

Bitcoin sharply reversed on Thursday, climbing back to roughly $73,300 with a 4.5% gain over 24 hours after previously trading in the high $60,000 range. More than $246 million in crypto futures positions were liquidated as a short squeeze unfolded, with open interest across major exchanges staying near $48 billion and CME Bitcoin futures accounting for about $7.9 billion. Despite geopolitical tensions and shifting macro conditions, Bitcoin held firm while institutional demand via spot ETFs continued to support the market.

Bitcoin is trading near $71,000 while moving toward a key resistance band between $76,000 and $79,000, with some institutional flows reportedly rotating out of gold and into crypto. Between February 27 and March 9, BlackRock's Bitcoin ETF IBIT saw inflows of roughly 1.5% of AUM, while the gold ETF GLD registered about a 2.7% outflow. Analysts are watching whether Bitcoin can hold above $70,000 and secure a monthly close above resistance as gold approaches the psychologically important $5,000 level.