Interpretation of cryptocurrency market on March 15th, 2023

Last night's inflation data was in line with expectations. BTC price has been broken. Although it didn't stand firm, it also announced the liberation of all the hedging discs after last June. The short-term position can continue to go long.

The annual analysis report mentioned a point: BTC trend is the most critical for incremental funds. This can be seen from the Google search popularity.

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Crypto and Stock Search Popularity Comparison

With the entry of safe-haven funds, BTC is the first to break out of the bear market oscillation range. The bull market has opened on the technical side without any dispute. This indicates that incremental funds are already moving. 26,000 will not be the end of this round, but the beginning—two layers of meaning. One is the subsequent entry of funds will also drive BTC up. The second is that money rotates among various hot sectors after BTC completes its diversion task. Smaller tokens that have temporarily lagged will also see a new round of outbreaks. This wave of small tokens regaining new highs and making new highs again may make more sense to most investors.