Analysis: BTC has not yet rapidly surged to $80,000, and after the gold rally slows down, funds may return to the crypto market.

DeepFlowTech · 2026-03-05T12:15:05+00:00

Bitcoin price remains stable above $72,000, while Ethereum sees a slight increase, and the market enters a consolidation phase. Although it broke through the $70,000 threshold, it has not quickly advanced toward $80,000. The easing of Middle East tensions boosts risk assets, but transportation disruptions may prompt the Federal Reserve to maintain its tightening policy. Bullish sentiment remains mildly strong, and options market sentiment is steady.

DeepFlowTech

2026-03-05 12:15:05

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Deep Tide TechFlow News: On March 5th, according to CoinDesk, Bitcoin remains above $72,000 with sideways movement. Ethereum has slightly increased. After the previous breakout, the market entered a consolidation phase. Although Bitcoin successfully held above the $70,000 resistance level that it had struggled with multiple times before, it has not yet shown the expected rapid move toward $80,000. Market optimism over the easing Middle East tensions has boosted risk assets. If shipping disruptions occur in the Strait of Hormuz and push inflation higher, the Federal Reserve may be forced to maintain tighter interest rate policies. Derivatives data shows that bullish sentiment remains moderate to strong. Bitcoin futures open interest (OI) has risen to about 680,000 BTC, reaching a two-week high. Meanwhile, gold-linked tokens XAUT and PAXG futures open interest continues to decline, indicating some funds may be flowing back into mainstream cryptocurrencies after gold’s rally slows. In the options market, demand for high-strike call options has increased. The 30-day implied volatility remains stable overall, reflecting relatively steady market sentiment.

BTC1,1%

ETH2,05%

XAUT-1,11%

PAXG-1,2%

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