Gate News reported that on March 13, Bank of America stated that the Federal Reserve will have to address the supply shock from soaring oil prices. In the Summary of Economic Projections (SEP) released ahead of the March Federal Reserve meeting, overall and core inflation forecasts are likely to be revised upward. The Bank of America report points out that if long-term growth expectations are also revised upward, the median dot plot for long-term interest rates could move slightly higher. In this case, Federal Reserve Chairman Powell may acknowledge stagflation risks while emphasizing a wait-and-see approach.

Greeks.live predicts that a large volume of BTC and ETH options will expire on March 13th, with declining market rebound momentum and extremely low trading activity. Options data indicates the market is in a wait-and-see state, still in a bear market, with the recent AI hype failing to improve the situation.

Garrett Jin analyzes the impact of the Strait of Hormuz crisis on the market, believing that the crisis will continue to affect risk assets and that 3 to 6 weeks are needed to rebuild the insurance mechanism. The rise in oil prices reflects supply disruptions, and risk assets need to wait for event developments before rising. The recent trend is an increase in crude oil and interest rates.

Gate News Report, on March 10th, February's non-farm payroll data showed weaker-than-expected employment performance, forming a stark contrast to the market's general expectation of resilience. However, the market's rate cut expectations have not significantly adjusted as a result. The interest rate market data indicates that the next rate cut is still highly likely to occur in the second half of the year. This week, both CPI and PCE data will be released successively. Against the backdrop of the Federal Reserve's decision next week, whether inflation data can signal a cooling trend and resonate with employment figures will be the market's focus. Analysts believe that the rebound in energy prices may hinder inflation cooling, making it difficult for the data to shake the Fed's wait-and-see stance.

As the US CPI data is about to be released, the cryptocurrency market is entering a wait-and-see mode. Bitcoin, after experiencing a correction, is approaching $70,000, and market sentiment has improved, but it faces a short-term key resistance level. CPI data will be the main factor driving short-term market volatility.

As large investors choose to stake Ethereum to earn yields, the ETH validator queue has surged to 3.4 million, setting the longest pending record with an estimated wait time of 60 days. This change reflects a strong market demand for yield generation, especially from large enterprises and exchange participants.

CZ stated on social media that The New York Times did not authorize the reporting of early drafts of his personal memoir "Freedom of Money," and these contents are not included in the final manuscript. His lawyer pointed out that readers should wait until the official publication of the new book to read the complete version. The book is still in editing, and the official release date is to be determined.

BlockBeats News, February 27 — Liquid Capital (formerly LD Capital) founder Yi Lihua posted on social media in response to comments claiming "Jane Street dumped at 10 o'clock to trigger long liquidations and manipulate prices for huge profits," stating, "This is not a conspiracy theory; the trend is downward, and we're buying in the middle of the mountain. Currently, we will wait for the bottom confirmation before buying the dip."