Between 15:30 and 15:45 (UTC) on March 2, 2026, Bitcoin (BTC) experienced a significant short-term rebound, with a return of +1.41%. The trading range was from 68,433.0 to 69,535.2 USDT, with a volatility of 1.61%. During this abnormal movement, market attention sharply increased, volatility intensified, and short-term capital flow became active.
The main drivers of this movement were the easing of geopolitical tensions combined with a return to risk appetite, leading some funds to re-enter the crypto asset sector. Additionally, institutional accumulation continued, spot ETF capital inflows persisted, and large wallets increased their holdings by over 75,000 BTC within 10 days, further tightening liquidity. Driven by institutional funds, buying pressure strengthened, sell orders on trading platforms decreased, providing direct momentum for short-term price increases.
Furthermore, spot trading volume over 24 hours dropped to approximately $46 billion, while derivatives trading volume declined but open interest increased by 1.9%, indicating a willingness for new capital to enter. Technical signals show BTC price breaking out of the fluctuation range, with Bollinger Bands and RSI indicators in neutral zones, and market sentiment leaning optimistic. Analysts generally expect BTC to perform well in March, encouraging chasing buying activity. On-chain capital absorption and macro liquidity easing resonate, making short-term prices more susceptible to capital-driven movements.
Caution is advised regarding the risk of amplified volatility. Spot trading activity has decreased, leverage in derivatives has increased, and short-term profit-taking may lead to profit-reversal pressure. Attention should be paid to key resistance levels, on-chain capital flows, and macro events that could influence market sentiment. Users should closely monitor market dynamics, manage short-term trading risks, and stay updated on on-chain and institutional movements.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Correction Halts Institutional Demand as ETFs Witness $348.83 Million Withdrawals - U.Today
Bitcoin ETFs experienced a significant withdrawal of $348 million amid declining institutional demand, reflecting a bearish sentiment in the market. Despite these outflows, BlackRock's ETF maintained its dominance.
UToday11m ago
XRP Price Prediction: Ripple Trades Below Key Moving Averages as the 20 Millionth Bitcoin Approaches and Pepeto Targets 267x Returns
Grayscale confirmed the 20 millionth Bitcoin will be mined in March 2026, leaving only 1 million BTC left to ever exist, and when 95% of a finite asset is already circulating, the scarcity narrative reshapes how every trader thinks about value.
The xrp price prediction shows Ripple at $1.37 b
CaptainAltcoin1h ago
The Origin Story of Sunny Lu: From a 100 BTC Scam to Building VeChain
VeChain’s Sunny Lu got into crypto after losing $300 on an unsuccessful 100 BTC purchase on Taobao, which led him to research Bitcoin.
Later, Lu used blockchain to track supply chains and launched VeChain in 2015 to target verification and enterprise applications.
The crypto journey of Sunny
CryptoNewsFlash2h ago
