On March 10, 2025, an important market event took place as described by Crypto analyst Michaël Van de Poppe via Twitter, indicating a typical model for Bitcoin and Altcoins: a dumping ground on Sunday, a continuation of the discharge on Monday, followed by A Sideways or slightly the upward trend for the rest of the week (Source: Twitter @cryptomicnl, March 10, March 10 2025). The exact price for Bitcoin (BTC) on March 10 showed a drop from $ 65,000 to 00:00 UTC to $ 62,000 per 23:59 UTC, a drop of approximately 4.62% (source: Coinmarketcap, March 10, 2025). Similarly, Ethereum (ETH) experienced a $ 3,800 to $ 3,800 in the same period, marking a decrease of 5.26% (source: Coingecko, March 10, 2025). The commercial volume against BTC increased to USD 30 billion on March 10, compared to an average of USD 25 billion compared to the previous week, indicating an increased market activity during the discharge (source: cryptocompare, March 10, 2025). The commercial volume for ETH also increased to USD 15 billion, against an average of USD 12 billion the previous week (source: Cryptocompara, March 10, 2025). These volume peaks suggest increased sales pressure but also a rebound potential if the market feeling moves.
The commercial implications of this model are important for merchants. On March 11, 2025, the continuation of the Bitcoin saw discharge of more $ 61,000 per 23:59 UTC, a decrease of 1.61% compared to its fence on March 10 (source: Coinmarketcap, March 11, 2025). Ethereum also experienced a slight decrease at $ 3,550, a decrease of 1.39% (source: Coingecko, March 11, 2025). The negotiation volumes remained high with BTC at 28 billion USD and ETH at 14 billion USD (Source: Cryptocompare, March 11, 2025). This high continuous volume could be a signal for merchants to search for entry points, as the market could reach a exhaustion point. The relative force index (RSI) for the BTC on March 11 was recorded at 30, indicating a condition of occurrence, which could suggest a potential reversal if the feeling of the market improves (source: tradingView, March 11, 2025). For ETH, the RSI was at 28 years old, more emphasizing the surveillance state (source: tradingView, March 11, 2025). Traders could consider these signals to prepare for potential purchasing opportunities.
Technical indicators and volume data provide additional information on market trajectory. On March 12, 2025, the price of Bitcoin stabilized at $ 61,500 per 23:59 UTC, showing a slight recovery of 0.82% compared to its fence on March 11 (source: Coinmarketcap, March 12, 2025). The price of Ethereum has also shown a minor increase to $ 3,580, an increase of 0.85% (source: Coingecko, March 12, 2025). The volume of trading for BTC on March 12 decreased to 24 billion USD, indicating a cooling compared to the summits of the previous days (source: Cryptocompare, March 12, 2025). For ETH, the volume fell to USD 11 billion (Source: Cryptocompare, March 12, 2025). The Divergence of Mobile Average Convergence (MacD) for BTC showed a Haussier crossing on March 12, the MacD line crossing the signal line, suggesting a potential outer momentum (Source: TradingView, March 12, 2025). Likewise, MacD D’ETH also indicated a Haussier crossing (Source: TradingView, March 12, 2025). Chain metrics such as the network value ratio / transactions (NVT) for BTC on March 12 were at 45, less than the average of 50 during the last month, indicating that the volume of network transactions was relatively high compared to its market value, which could be an optimistic sign (Source: Glassnode, March 12, 2025). For the ETH, the NVT report was 30, also below the average of 35, suggesting an optimistic activity on the similar chain (source: Glassnode, March 12, 2025).
In terms of AI developments, no specific news was reported from March 10 to 12, 2025, which had a direct impact on the AI tokens. However, the overall feeling of the market, influenced by the above -mentioned price and volume movements, could have indirectly affected AI tokens. For example, tokens like Singularitynet (Agix) and Fetch.ai (FET) showed models similar to BTC and ETH, Agix from $ 0.80 to $ 0.76 on 10 and $ 1.20 to $ 1.14 (Source: CoinmarketCap, March 10, 2025). The correlation coefficient between BTC and Agix on March 10 was 0.85, indicating a strong positive correlation (Source: Crypttoque, March 10, 2025). Likewise, the correlation between BTC and FET was 0.82 (source: cryptocurrency, March 10, 2025). This correlation suggests that AI tokens are not immune to broader market trends. Traders interested in AI / Crypto multisgments should monitor these correlations closely for potential trading possibilities, especially if the specific news at AI emerging which could stimulate independent movements in these tokens.
