Bitcoin’s price is nearing the “buy zone” the market is watching, but the bottom signals have not fully formed yet. The current price is above the cost range, suggesting the market hasn’t undergone a major cleanup. The premium continues to narrow, reflecting that the bubble is being worked off. Although the market may face pressure in the short term, funds are positioning early, indicating optimism about future prospects.

On March 18, on-chain data analyst Axel released a report indicating that the Bitcoin market has moved out of an overheated state, but selling pressure still exists and no reversal signals have appeared. The MVRV Z-Score indicator has dropped to 0.674, suggesting that the bubble has been deflated; meanwhile, the aSOPR indicator remains below 1.0, indicating that the market is still in a loss-selling phase, with a rebound facing the risk of selling pressure.

Bill Gurley points out that the AI wave has caused many people to rapidly accumulate wealth, forming a bubble, and he anticipates a reset is coming. He advises investors to focus on undervalued SaaS stocks, as the current software sector is being impacted by AI, with related company stock prices declining significantly. Meanwhile, he expresses concern about the high cash burn rate of leading AI companies.

Cathie Wood pointed out in an interview that the current market differs from the tech bubble period, filled with fear, but this presents investment opportunities. She emphasized that volatility represents uncertainty and believes we are in the midst of a technological revolution, with AI not yet hyped, and enormous future opportunities ahead.

The collapse of Mt. Gox, the deflation of the ICO bubble, the FTX explosion…

On-chain transaction terminal 1Keeper launches a new "Smart Money" signal system. It enhances signal recognition and trading efficiency through features such as visualized bubble alerts, bubble corner indicators, market cap filtering, and quick trading access, optimizing the user experience.

A U.S. bank survey shows that 23% of credit investors believe that AI overvaluation is the main risk, surpassing traditional credit concerns. Although the risk of AI becoming outdated is low, investors still forecast that by 2026, cloud computing company bond issuance will reach $285 billion.

A survey by Bank of America shows that although market sentiment remains "extremely optimistic," investors are increasingly concerned about overinvestment in companies. Cash balances have slightly increased, with overexposure to commodities and stocks, and underallocation to bonds. The AI bubble is seen as a major risk.

F2Pool co-founder Wang Chun posted on the X platform that quantum computing is more like a technological bubble, lacking practical results. It is expected that it will still be unusable in 2026, and it will be difficult to generate industrial value in the coming decades. He is bearish on several quantum computing concept stocks and also recommends shorting quantum computing while going long on Bitcoin.

The prosperity of the prediction market in the United States relies on an imperfect regulatory framework and marketing efforts, especially as sports betting accounts for a large portion of trading volume. However, the market needs to establish integrity rules, and non-sports trading volume urgently needs to increase. Currently, insufficient liquidity is preventing institutional participation, and potential regulatory tightening could put market growth under pressure.