$BTC is clearly showing an upward trend, advising against shorting during the rallies even though the macro remains bearish, as the price could reach 80,000 USD and then reverse. The main confirmation point is holding and reclaiming the blue line on the daily chart, creating a new swing high and changing the market structure. The 4H chart shows support around 71,000 USD, while discussions about liquidity grabs and the risk of dropping to 69,500 USD if it fails are ongoing.
analysis of the weekly chart $BTC , highlighting the main resistance area from 71,400 USD to 72,700 USD that is being tested as a bearish retest after last week's close. The current price $BTC is around 70,400 USD (data as of 24/3/2026), sitting close to the lower level of the resistance area, which could lead to strong volatility if rejected and drops to the liquidity area of 65,000 USD. The analysis focuses on these two key levels to determine the next upward or downward trend, considering the movements in between as noise, based on historical data and price action on the chart.
The global financial market recorded mixed developments in this morning's trading session, with downward pressure on Japanese government bonds and the rise of some energy and airline stocks in the Middle East.
Japanese bonds yield declines: The yield on Japan's 10-year government bonds (JGB) decreased by 4.0 basis points (bps), falling to 2.265%. This decline reflects buying pressure, possibly related to expectations about monetary policy or flows seeking safe havens, amid ongoing global market instability.
Middle Eastern stocks rise: Meanwhile, in the Middle East market, shares of the Abu Dhabi National Oil Company (ADNOC) increased by 1.2% in the morning trading session, indicating optimism about the energy sector. At the same time, shares of the airline (which could be Emirates or a similar carrier) also rose by 1.7%, signaling a recovery in the tourism and air transport sectors after a difficult period.
These movements could impact other asset markets such as forex (e.g., Japanese Yen JPY), global securities, and commodities (crude oil), requiring investors to closely monitor macroeconomic indicators and policies from the Bank of Japan (BoJ) as well as geopolitical factors in the Middle East.
According to a report from The Wall Street Journal, Saudi Arabia and the United Arab Emirates (UAE) are trending towards participating in the US and Israel-led war against Iran. This move comes amid persistent attacks from Iran-backed groups, causing Gulf nations to become tougher.
Specifically, Saudi Arabia has agreed to allow US forces to use King Fahd airbase, a crucial strategic facility in the region. The potential involvement of these Arab allies could change the geopolitical landscape in the Middle East, with ripple effects on the global oil market and related financial assets.
Market analysts are closely monitoring this development, as rising tensions could lead to fluctuations in crude oil prices, impacting inflation and monetary policy in major economies. At the same time, geopolitical instability could affect investor sentiment across stock, bond, and commodity markets.
The South Korean government is considering implementing export control measures on naphtha this week due to supply disruptions caused by Iran's blockade actions in the Strait of Hormuz. This information was provided by Mr. Yang Ki-wook, Head of the Industrial Resource Safety Department under the Ministry of Trade, Industry and Energy of South Korea, during a press conference at the Sejong Government Complex on the 24th. He stated that the Ministry of Industry is coordinating with relevant agencies to implement this plan.
Naphtha is a crucial raw material for the petrochemical industry, with South Korea relying 55% on domestic refineries and the rest being imported. This move could impact global commodity prices and industrial supply chains.
In related developments, Israeli officials reported that Iran launched a missile towards Tel Aviv this morning. The missile is described as possibly being a new medium-range ballistic missile or cluster missile, carrying 3-4 bombs weighing about 100 kg each, scattered in central Israel. This event has raised concerns about escalating geopolitical tensions in the Middle East, which could affect energy markets and risk assets.
chart analysis $BTC BTC 4H, note that the price was rejected at the 50% retracement level ($71.7k) after breaking the SMA 200, but short selling is not recommended due to poor risk/reward ratio. The chart shows important Fibonacci levels (38.2% at $70.7k and 61.8% at $72.8k) serving as warning zones; if both are surpassed, the uptrend could be strong. By March 24, 2026, the BTC price fluctuates around $70.4k, confirming the rejection and maintaining a cautious outlook according to the analysis.
The $NIGHT Tokenomics: Governance and Utility Model of Midnight Network
When the federated mainnet Kลซkolu is about to launch, the role of $NIGHT becomes more important than ever. With a fixed total supply of 24 billion tokens, the Night native unshielded token is primarily responsible for governance, staking incentives, and network security. The biggest difference is the unique dual-token mechanism: When holders own $NIGHT , they will automatically receive DUST โ a shielded resource used to pay for confidential transaction fees. This mechanism provides dual benefits: participating in network governance while having a tool to interact directly with privacy features without needing to purchase additional tokens. After the mainnet, $NIGHT is the key to participating in important decisions regarding protocol upgrades, treasury allocation, and the transition to full decentralization (expected Q3 2026). Compared to many other privacy projects, Midnight's model perfectly balances strong utility and sustainable token economics, particularly suited to the current trend of institutional adoption.@MidnightNetwork $NIGHT #night
@MidnightNetwork is witnessing a strong wave of developers as the Kลซkolu mainnet is just a few days away. According to the latest update, the number of smart contracts deployed on Preprod has significantly increased, reflecting the careful preparation of the builder community for the production environment. Midnight's selective disclosure ZK technology is attracting teams looking to build Confidential DeFi, private NFT marketplaces, and enterprise-grade applications while ensuring regulatory compliance. With $NIGHT at the center, holders not only participate in governance but also benefit from the automatic DUST generation mechanism. Follow @MidnightNetwork for developer progress updates. $NIGHT #night
Member of the Foreign Policy and National Security Committee of the Majles of Iran, Alaeddin Boroujerdi, declared that Iran has established a new de facto sovereign regime in the Strait of Hormuz and will charge a fee of 2 million USD for each passage to offset war costs, affirming that this is the country's legitimate right.
Impact analysis: - Energy market: The Strait of Hormuz is a vital oil transport route, accounting for about 20% of global supply. The fee could increase shipping costs, impacting Brent and WTI crude oil prices. - Financial market: Increased geopolitical tensions may drive funds into safe-haven assets such as gold, Swiss francs, and U.S. government bonds. - Stock market: Shipping and logistics companies may face pressure, while energy stocks could experience significant volatility. - Currency: The Iranian Rial and currencies in the Middle East may come under pressure.
This statement comes amid escalating tensions between Iran and the West, particularly concerning the nuclear program and attacks in the Red Sea. Observers are monitoring responses from the U.S., EU, and Gulf countries, which heavily rely on this strategic maritime route.
analysis of price $BTC is reacting strongly at last week's low of about 67,200 USD on the 4H chart, but the author is cautiously waiting for the opening of the month (around 67,000 USD) to confirm the trend. The attached TradingView chart shows a green candle bouncing from important support, with arrows indicating Monday Low and Prev Week Low, implying potential increase to 72,300 USD if it holds. usually warning of a short trap in the range of 65,000-67,000 USD, close long before the weekend dump and only look for buying signals when surpassing the 200 SMA 4H, reflecting a balanced technical trading style.
analysis of the chart $BTC 4H, indicating that the long position was closed at 70.8k USD before the price dropped, and only looking for buying opportunities if the price reclaims the 200 SMA line, with the gray area being an important convergence point; below the golden pocket there is no long. Post quoting the previous article by the same author, describing the 3% bounce from the support of 68.8k USD and Fibonacci, warning shorts at 69k, targeting 72.3k-71.2k if it holds, emphasizing the risk of a retest to the downside.
Warning about the increase in Open Interest (OI) on Sunday with a negative funding rate, creating a short Bitcoin attraction but avoiding crowded trading, waiting for volume to increase on Monday to determine market direction. The chart shows low weekend liquidity leading to traps for both long and short around the 65k-67k $BTC level, where there are many liquidations; the put/call OI ratio reached 0.84, the highest since 2021, reflecting a strong defensive position from investors. The latest data (23/3/2026) confirms the funding rate is near neutral (+0.002%), with total OI around 24 million USD, suggesting healthier spot buying than leverage, which could support a breakout if volume increases. #BTC #CreatorpadVN
Midnight Network: Mainnet Kลซkolu Only 7 Days Institutional Privacy Vision Ready
Only 7 days left, the federated mainnet in the Kลซkolu phase of the Midnight Network will officially launch in the last week of March 2026. This is an important transition from the preparation phase to actual production operation. With a coalition of node operators reaching the milestone of 10 members including Worldpay, Bullish (newly joined), Google Cloud, Blockdaemon, MoneyGram, and Shielded Technologies, the project has built a stable enterprise-grade platform that complies with the highest regulations. The participation of payment corporations and institutional liquidity affirms the strong appeal from the traditional financial sector. The core technology of selective disclosure zero-knowledge proofs allows developers and organizations to precisely control the level of data transparency. This opens up practical applications for RWA tokenization, confidential DeFi, Proof of Reserves, and merchant payment rails, all strictly adhering to KYC/AML while still protecting sensitive information.$NIGHT with a fixed total supply of 24 billion playing a key role: unshielded governance token and automatically generated DUST resources used for efficiently and predictably paying private transaction fees. This dual-token mechanism ensures sustainable economics for the entire network. As a partner chain of Cardano, Midnight combines enterprise-level security with hybrid scalability, ready to support millions of private transactions daily after the mainnet. After the Kลซkolu phase, the project will gradually transition to a fully decentralized model in Q3 2026. With the current growth momentum, this is a critical time for $NIGHT holders, developers, and organizations to prepare for deep integration into the latest generation privacy ecosystem of Web3.@MidnightNetwork $NIGHT #night
Only 7 days left, Midnight Network will officially activate the federated mainnet Kลซkolu phase in the last week of March 2026. The alliance of 10 enterprise node operators โ with Worldpay and Bullish as the two newest members โ is ready to operate a stable and highly compliant production network. This is a solid foundation for selective disclosure ZK proofs in an institutional environment. $NIGHT plays the role of unshielded governance and DUST generator, providing the most practical rational privacy for Web3. Follow immediately @MidnightNetwork for live updates. $NIGHT #night
Analysis $BTC Weekly Close: Bears Are in Control, Sub-60K Approaching? This week, Bitcoin closed poorly: a long wick swept the entire pump, the following candle filled the wick and closed above 71.4K, but last week's candle wicked up high then retraced violently, pushing the price back to the old range. Market sentiment: Longs were wiped out en masse (continuation, breakout, mid-range). Bears are in control, bulls are heavily trapped. Important price levels to watch: CME Gap 70K: Strong resistance. Push up to test โ rejection = bearish confirmation. Monthly Open 66.9K: Level of observed acceptance. HTF support 65.9K โ 64.7K: Losing this area โ bulls โgoodnightโ, sub-60K likely to happen. Forecast scenario: Push up to 70K bait late shorts โ rejection โ bearish retest โ continuation down. The final CME gap will fill. Conclusion: Bears are dominating. Tight risk management, watch for reactions at 70K this week. Sub-60K is very feasible if 64.7K is lost. DYOR & trade safe!
$BTC During this pump all weekend longs were flushed, and then OI started rising with funding negative. We are also lacking in volume. What this sugggest? People shorting + Volume low + Weekend = Means Any trader whether it is long/short would get trapped here.
$BTC Grey Area Support So far, Bounced 2 Times till $71k. Right now the support has been swept with a wick up until $68.2k.
A bigger daily candle is needed or a closure above the grey zone. Also the 200 MA is here so we have a lot of confluence here. Breaking below is the Monthly open level at 66.9k.
Watch for both. If broken, I will look for scalp long bounces at 66.9k. If the candle closes bigger than this and with a green color, I will take scalp longs here too.
There is nothing to marry in the chart. Stay flexible with your biases.
Midnight: Federated Mainnet Kลซkolu and the Journey Towards Institutional Privacy Infrastructure
Just under 10 days left, Midnight Network will officially activate the federated mainnet in the Kลซkolu phase in the last week of March 2026. This is an important milestone transitioning from the token distribution phase to actual production operation. The biggest highlight is the rapid expansion of the federation of node operators, which has now reached 10 members. The recent joining of Worldpay, the global payment corporation, and Bullish, the institutional exchange, shows a strong attraction from the traditional financial sector. Along with Google Cloud, Blockdaemon, MoneyGram, and Shielded Technologies, this group of operators ensures the stability, security, and regulatory compliance needed for the early phase. The rational privacy model with selective disclosure zero-knowledge proofs is a core factor that helps Midnight stand out. Instead of choosing between complete transparency or absolute anonymity, the project allows developers and organizations to precisely control which information is disclosed, an extremely important feature for RWA tokenization, confidential DeFi, and Proof of Reserves. $NIGHT with a fixed total supply of 24 billion serving as an unshielded governance token and is the source of DUST โ a shielded resource used to efficiently and predictably pay private transaction fees. This dual-token mechanism provides sustainable economics for the network. As a partner chain of Cardano, Midnight combines high-level security with flexible scalability. After the Kลซkolu mainnet, the project will gradually transition to a fully decentralized model in Q3 2026. With the current momentum, Midnight Network is positioning itself firmly as one of the most reliable privacy infrastructure solutions for the upcoming strong institutional adoption. @MidnightNetwork $NIGHT #night
Midnight Network is entering the final stage before the mainnet. With less than 10 days to the federated mainnet Kลซkolu phase at the end of March 2026, the node operators alliance has officially reached 10 partners. Worldpay and Bullish are the two latest additions, joining Google Cloud, Blockdaemon, MoneyGram, Shielded Technologies, and other major players. The participation of these global financial and payment organizations confirms the high level of enterprise readiness of the project. $NIGHT continues to play a key role with the unshielded governance mechanism and DUST generation, providing practical rational privacy for Web3. @MidnightNetwork $NIGHT #night
Orderbook pressure showed buy pressure stepping in around the 67-65K region, but that pressure has now disappeared. This makes the area important to watch in the short term.
If buyers step back in and defend this level, price could see another push higher, with the potential for one more sweep of the highs.
However, if this level fails to hold and bids donโt return, the path lower opens up, with 63K becoming the next likely target, where previous buy pressure had stepped in.