Bitunix Analyst: Trump evaluates oil price policy intervention, BTC short-term liquidity game continues

CryptoWorld News reports that on March 10, amid ongoing conflicts in the Middle East and increasing uncertainty in energy supplies, the Trump administration is evaluating several policy tools to suppress oil prices, including releasing the U.S. Strategic Petroleum Reserve, suspending federal gasoline taxes, and involving the Treasury Department in crude oil futures markets. As discussions unfold, international oil prices previously surged above $100 per barrel due to Middle East tensions but experienced sharp fluctuations after market expectations of policy interventions and coordinated releases. However, analysts generally believe that if the shipping risk through the Strait of Hormuz, which accounts for about one-fifth of global oil transportation, persists, short-term policy measures may have limited impact on energy prices. The G7 has only stated that it is prepared to release reserves if necessary but has not yet reached a consensus; meanwhile, markets are also watching whether the U.S. will further ease sanctions on Russian energy to alleviate supply pressures.

On a macro level, volatile energy prices are reshaping the liquidity structure of global risk assets. The inflation expectations and policy uncertainties driven by oil shocks are causing funds to rapidly rotate between traditional safe-haven assets and high-risk assets, keeping overall market risk appetite highly sensitive. In the crypto market, Bitcoin (BTC) remains in a liquidity-dominated structure. From derivatives liquidation data, there is a dense zone of short liquidations around $70,000–$74,000, while leveraged long positions still exist near $66,000–$65,000. After recent rebounds to around $69,000, prices have entered sideways consolidation, indicating that the short-term market is primarily scanning for liquidity above and below. Overall, under the ongoing macro narrative dominated by energy shocks and geopolitical uncertainties, the crypto market has yet to form a clear directional trend, with funds more inclined to engage in short-term liquidity battles within liquidation zones.