TechFlow News, March 24: According to Wintermute’s weekly market report, President Trump announced a five-day pause on strikes against Iran’s energy infrastructure, causing the geopolitical risk premium to recede. As a result, BTC rebounded from its $68,000 low to trade above $70,000 again, while Brent crude oil prices fell sharply. The Federal Reserve held interest rates steady at 3.50%–3.75% during this meeting; the dot plot indicated that 14 of the 19 officials expect zero or only one rate cut in 2026, and markets have fully priced out any rate cuts before autumn.
This week, BTC declined approximately 3.4% overall. On the day of the FOMC meeting, ETFs experienced $708 million in outflows—the largest single-day outflow in the past two months. Gold posted its worst weekly performance since 1983, with losses exceeding 10%. ETH stood out comparatively, recording net ETF inflows of $160.8 million for the week—the highest on record.
Wintermute noted that if shipping through the Strait of Hormuz normalizes and diplomatic negotiations continue progressing, BTC could test resistance levels between $74,000 and $76,000; under an extremely bullish scenario, it may advance toward $80,000. Conversely, if negotiations collapse and shipping restrictions persist, BTC could retest mid-$60,000 support.
