The digital financial market and Bitcoin today, March 31, 2026, are experiencing mixed developments, with a short-term technical rebound and prolonged medium-term correction pressure.

Below is a detailed analysis:
1. Bitcoin (BTC) and Altcoin Price Movements
Bitcoin (BTC): After a series of price declines, BTC is fluctuating around $66,700 – $67,050, a slight increase of approximately 1.1% - 1.4% in the past 24 hours. However, looking at the broader picture, this is the sixth consecutive month that BTC has recorded a downward trend since the previous "cryptowin" cycle.
Ethereum (ETH): Has regained the important psychological level of $2,000 (up approximately 1.5%).
Market Capitalization: The total market capitalization reached approximately $2.3 trillion, a slight increase of 0.89%.
Other Altcoins: Solana (SOL) and BNB saw slight gains of less than 1%, while XRP and TRON remained under selling pressure and experienced slight declines of around 0.7% - 1.2%.
2. Technical Analysis
Daily timeframe (D1): The bearish structure remains dominant with lower highs following higher highs. Strong support is currently around $62,000 – $64,000.
Resistance: The $72,000 – $75,000 area is acting as a barrier preventing a breakout. Trading volume is trending downwards, indicating that large amounts of capital are still in a waiting state and haven't truly returned strongly.
Short-term (H4): Price is consolidating within a narrow range. The current rebound is considered more technical in nature than a clear trend reversal.
3. Key Influencing Factors
Macroeconomic Policy: Fed Chairman Jerome Powell recently made reassuring statements, emphasizing that the Fed will focus on long-term inflation stability rather than short-term oil price shocks. This has lowered US government bond yields, creating breathing room for risky assets like Bitcoin.
US Legislation: The US Senate has introduced the Mined in America Act, aiming to bring Bitcoin mining back to the US and realize the establishment of a Strategic Bitcoin Reserve. This is positive long-term news for market confidence.
Vietnamese Market: Authorities are stepping up efforts to standardize the cryptocurrency market, including studying the imposition of transfer taxes and dismantling large-scale digital finance fraud rings to protect investors.
4. General Assessment
The market is currently in a "waiting for signals" phase. Investors should pay particular attention to:
The closing price of the monthly candle (at the end of today) to determine whether the 6-month downtrend has been broken.
Geopolitical developments in the Middle East, a factor that could significantly impact energy prices and global risk sentiment.
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