On March 12, the Bitcoin-to-gold ratio displayed a bullish divergence, indicating weakening selling pressure and potentially serving as a reference point for Bitcoin's long-term trend bottom. Bitcoin ETFs saw net inflows of approximately $906 million, while gold ETFs experienced outflows of $3 billion in a single day, creating a significant divergence. Despite ETF trading volumes being lower than U.S. equities, there remains substantial room for institutional participation. Historically, Bitcoin has often rebounded following geopolitical turmoil.

Gate News Report: On March 12, according to Hyperinsight monitoring, "麻吉大哥" closed part of their ETH long positions during the rally on March 12, reducing a total of 118 ETH in this transaction. The address currently holds 5,850 ETH long positions with 25x leverage. The current position is valued at $11.97 million with an unrealized gain of $176,000. The average entry price is $2,016, and the liquidation price is $1,963.