Bitget UEX Daily Presses the US-Iraq conflict pushed up inflation expectations; gold hit a six-year maximum single-week decline; and after oil prices broke out, it jumped (20.03.2026)

I. Hot spots

Federal Reserve Developments

The Fed's annual interest rate reduction was completely wiped out. Divide

• With the release of the British Central Bank’s response to inflation signals, US Treasury debt prices fell sharply, and traders cancelled all of the Fed’s annual interest rate reductions, partially even beginning to hedge against future interest rate hikes
• The rate of return on national debt for the biennium jumped from 13 basis points to 3.9 per cent
• Market impact: interest rate paths tighten directly against risk assets, particularly precious metal plate charges。

Major international commodities

The situation in the Middle East calmed down rapidly after a short breakthrough in oil prices

• (a) The commitment by Prime Minister Netanyahu of Israel to suspend air strikes on Iran ' s energy facilities, and the possible lifting of some Iranian oil sanctions and release of strategic reserves by United States Treasury Secretary Becent, with an oil slick of 130-140 million barrels
• WTI CRUDE OIL AND BRENT CRUDE OIL BOTH RUSH UP AND DIVE
• Driver: The expected price repression of increased physical supply is expected to return to February levels。

Macroeconomic policy

THE WHITE HOUSE ADVANCED THE AI REGULATORY FRAMEWORK, AND THE CENTRAL BANK OF CHINA EMPHASIZED MARKET STABILITY

• THE WHITE HOUSE IS TO PRESENT TO CONGRESS ON FRIDAY AN AI LEGISLATIVE CONCEPT FOCUSING ON ONLINE CHILD SAFETY, FEDERAL STANDARDS PRIORITY AND CREATOR PROTECTION
• The United States also authorized part of the Russian crude oil to be sold。

Market revisiting

large commodities & foreign exchange performance

• Cash gold(a) The seventh consecutive trading day fell, at one point approaching $4,500 per ounce, the largest single-week decline in six years, which was suppressed by the expected reversal of interest rates
• Cash and silver(a) A rebound of 12 per cent to $72.8 per cent after a major setback, with fluctuations well above gold
• WTI CRUDE OIL(a) A rise to $100.48 and a fall to $93.67, driven by the United States oil supply plan for Iran
• Brent crude oil(a) Jumping up to $112 to $102.33
• United States dollar index: Up to 100.309 and then back to the current 99.315 and geo-deficient effects in conjunction with expected interest rates。

Encryption Currency Performance

• BTC: 24H DOWN BY ABOUT 1.35 PER CENT, WITH AN INTERIM REPORT OF $70124, SHORT-LINE SHOCK ADJUSTMENT BETWEEN $70,000 AND $71,000 FOLLOWING A RECENT LOW-POINT REBOUND, NET OUTFLOWS OF SPOT ETF FOR TWO CONSECUTIVE DAYS LEADING TO A SLOWDOWN IN INFLOWS, OVERLAPPING INTEREST RATES EXPECTED TO TIGHTEN PRESSURE, AND CUMULATIVE INSTITUTIONAL SILOS AND TERRITORIAL DE-ESCALATION STILL PROVIDING SUPPORT
• ETH: 24H DOWN BY 2.33 PER CENT, AT A PRICE OF APPROXIMATELY $2147, FOLLOWED BY LARGE DISKS AND SHORT-TERM PRESSURE
• Total market value of encrypted currency: 24H DOWN BY 1.8 PER CENT, WITH A TOTAL MARKET VALUE OF $2.48 TRILLION, AND A RISK-DRIVEN SHOCK
• Market warehouse situation: 24H TOTAL BURSTING WAREHOUSE $406 MILLION, ADDITIONAL SINGLE BURSTING WAREHOUSE $303 MILLION AND EMPTY SINGLE BURSTING WAREHOUSE $99 MILLION。

• Bitget BTC/USDT liquidation map: The current price is about $70,000, and there is a clear multi-headed clearing zone of $69,000-70,500 below, which, if prices continue to fall, could trigger a multiple chain burst and zoom down. The $71,000 to $73,000 above brings together a large amount of empty clearing leverage, which, if prices go up through the zone, could trigger empty squeezes and push the situation further up。
• CASH ETF: BTC SPOT ETF NET INFLOWS YESTERDAY - US$ 51.9 MILLION; ETH SPOT ETF NET INFLOWS YESTERDAY - US$ 36.6 MILLION
• BTC CASH: yesterday's inflow of $2,453 million, outflows of $2,583 million and net inflows of about $130 million。

United States equity index performance

• Finger(b) A drop of 0.44 per cent in 46021.43 points, a two-day drop and a new low since last November
• Pistol 500(a) A drop of 0.27 per cent in 6606.49 points and a narrow drop in the disc
• Nut finger(b) A drop of 0.28 per cent in 22090.69 points and a total of technical plates but partial sub-plates in reverse。

Technology giant dynamics

• NVIDIA(A) A DROP OF 1.02 PER CENT (APPROXIMATELY $178.56) AND A CALL BY CEO HOANG IN-HOON IN HIS RECENT ACTIVITIES TO INDUSTRY LEADERS TO DISCUSS AI RISKS CAREFULLY AND AVOID SPREADING PANIC IN ORDER TO PREVENT FURTHER SOCIAL CONCERNS
• Alphabet(A) A DROP OF ABOUT 0.19 PER CENT (AROUND $307 PER DAY) AND THE EXPANSION OF THE COMPANY ' S COOPERATION WITH THE UTILITIES SECTOR, AIMED AT REDUCING THE PEAK POWER LOAD IN THE DATA CENTRE AND SUPPORTING THE SUSTAINABLE EXPANSION OF THE AI INFRASTRUCTURE
• Apple(a) A drop of 0.39 per cent (approximately $249 in closing), the overall follow-up to the technology plate, without the driver of a particular major event
• Microsoft(A) A DROP OF 0.71 PER CENT (APPROXIMATELY $392), AFFECTED BY THE TIGHTENING OF MACRO INTEREST RATE PATHS AND THE ROBUST BUT SHORT-TERM VALUATION OF AI CLOUD OPERATIONS
• Amazon(a) A drop of 0.53 per cent (approximately $209 in closing) and the double-wheel drive of the electrician and cloud services still caused by the mood of the big disk
• Meta(A) A 1.46 PER CENT DROP (APPROXIMATELY $616 IN CLOSING), A MOVE TOWARDS AN AI-DRIVEN CONTENT AUDIT SYSTEM, REDUCED RELIANCE ON THIRD-PARTY MANUFACTURERS AND IMPROVED EFFICIENCY AND COST CONTROL
• Tesla(b) A 3.18 per cent drop (approximately $380.30 in closing), higher projected fluctuations in the delivery of electric vehicles and the progress of Robotaxi, and a cumulative reversal of market risk。

Plank Instant Observation

PhotocommunicationOver 8%

• Representative units: Lumentum by 10.18 per cent, Appled Optoelectronics by 10.03 per cent
• DRIVER: AI DATA CENTRE BUILD-UP DEMAND, LIGHT MODULE VENDOR ORDERS STRONG。

Storage conceptRaise

• Representation of units: 6.84 per cent increase in Hitertech and 3.95 per cent increase in data for the west
• DRIVERS: AI-CALCULATIVE DEMAND SUPPORTS HIGH INNOVATION。

Gold miningIt's over 5%

• (a) Representing units: the Newman mining industry fell by 6.89 per cent and the Hamoni gold by 6.25 per cent
• Driver: Prices of gold continue to decline to slow down related equities。

III. Depth interpretation

1. ALI BABA - A FIVE-YEAR PERSPECTIVE FOR CLOUD AND AI OPERATIONS

Summary of eventsAT THE GROUP PERFORMANCE TELECONFERENCE, CEO WU MI-LIU EMPHASIZED THAT GLOBAL CALCULATIONS WOULD CONTINUE TO BE IN SHORT SUPPLY OVER THE NEXT THREE TO FIVE YEARS, THAT HIRANCO (SEMICONDUCTOR) WOULD NOT ONLY OPTIMIZE COSTS BUT ALSO PROVIDE SECURITY OF SUPPLY, AND THAT CLOUD AND AI-RELATED REVENUES OVER THE NEXT FIVE YEARS WERE EXPECTED TO EXCEED $100 BILLION, AND THAT THERE WAS CURRENTLY NO CLEAR IPO TIMETABLE。Market interpretation: There is general institutional recognition of the strategic value of Ali in the cycle of power constraints, and cloud operations are expected to shift from cost centres to growth engines。Investment revelationSHORT-TERM FOCUS ON THE DOWN-TO-GROUND PACE OF PERFORMANCE AND LONG-TERM PERSPECTIVE ON THE VALUATION RE-EVALUATION SPACE GENERATED BY THE LAYOUT OF AI INFRASTRUCTURE。

2. Uber-Rivian unattended taxi cooperation

Summary of events: Uber announced an investment of up to $1.25 billion to Rivian, plans to purchase 10,000 fully self-propelled R2 Robotaxi and has the option of an additional 40,000 by 2030, to be deployed in many United States cities since 2028。Market interpretationWall Street believes that this is accelerating the commercialization of Robotaxi and is expected to boost the long-term growth ceiling of Uber。Investment revelation: Focusing on auto-driving regulatory progress and vehicle delivery schedules, successful landings will significantly increase valuation attractiveness。

3. Microcomputers - export control-related investigations

Summary of eventsThe Federal Prosecutor ' s Office for the Southern District of New York has prosecuted three associated individuals for alleged export control violations, the nanocomputer itself has not been listed as a defendant and the company has emphasized the existence of an improved compliance system。Market interpretation: The agency considers the event to be a short-term price suppression, but the company has a good compliance record and has limited long-term business impact。Investment revelationIt is recommended that attention be given to the progress of follow-up investigations, where compliance risks are on the ground or where opportunities for repair arise。

4. Planet Labs - 2026 fiscal year performance exceeded expectations

Summary of events: $307.7 MILLION FOR THE FULL YEAR, 26 PER CENT OVER THE YEAR, $86.8 MILLION OVER THE YEAR FOR THE Q4 BATTALION, 41 PER CENT OVER THE YEAR, AND AN UPWARD ADJUSTMENT IN THE 2027 FISCAL YEAR DIRECTION, WITH PROJECTED INCOME OF $415-440 MILLION FOR THE YEAR。Market interpretationANALYSTS LOOK AT THE GROWTH OF SATELLITE DATA DEMAND IN THE AREAS OF AI AND DEFENCE AND GUIDE THE UPWARD REVISION OF CONFIDENCE。Investment revelation: Performance versus guidance is above expectations and appropriate to focus on trends in long-term space applications。

5. FEDERAL EXPRESS - 2026 FISCAL YEAR Q3 STRONG GROWTH

Summary of eventsTHE Q3 BATTALION RECEIVED $24 BILLION OVER THE SAME PERIOD, AN INCREASE OF 8 PER CENT, AND THE ADJUSTED EPS $5.25; THE 2026 FISCAL YEAR INCREASE IN REVENUE GROWTH WAS REVISED UPWARD TO 6.0 PER CENT TO 6.5 PER CENT, AND THE FREIGHT SEPARATION PLAN WAS ADVANCED ON SCHEDULE。Market interpretation: The agency sees demand recovery and efficiency gains as co-driven, leading to positive signals。Investment revelation: Focus on the recovery in the logistics cycle, with robust performance growth supporting valuation recovery。

IV. Developments in encryption money projects

• 1. According to Cointelegraph yesterday, although Bitcoin prices fell by $71,000, the data show that the upward trend has not subsided. Bitcoin fell by 7 per cent on Tuesday, after touching $76,000, and the US stock fell simultaneously as a result of Israel’s attack on Iran’s gas facilities pushed up oil prices and US PPI expectations. The analysis indicated that ongoing purchases by the United States-listed ETF and Strategy provided spot demand support for Bitcoin. Bitcoin leverage levels are lower, even if prices fall by a further 5 per cent, and even the risk of liquidation is smaller. Rising inflation concerns have a negative impact on fixed returns, paving the way for eventual capital movements from the gold wheel to bitcoin. Bitcoin perpetuity contract rates remained below the neutral range when prices exceeded $76,000, indicating that the increase was driven by spot demand rather than derivative speculation. The price of gold is already weak, and the flow of funds from gold can be a catalyst for the continued rise of Bitcoin。

  1. According to Lokonchain, a mysterious giant whale once again bought 17,084 ETHs at a cost of US$ 2,151。

  1. The United States recorded 205,000 unemployment benefits by the beginning of the week of 14 March, a new low since the week of 10 January, with 215,000 expected to be recorded in the market. The former value was 213,000。
  1. THE DOWNWARD ADJUSTMENT OF THE BTC AND ETH TARGET FOR 12 MONTHS WAS DUE TO THE SLOWING OF THE ETF INFLOW AND THE SLOW LEGISLATIVE PROCESS。
  1. The Sam Altman World project worked with Coinbase to launch AgentKit, AI proxy identification combined to stabilize currency payments, or to open a trillion-dollar new track。
  2. StrategyCo-founderMichael SaylorOn social platforms, it saysBitcoin is the multiple hedge against chaosIt's not the samewith$BTCIt's not the sameThe label again locates bitcoin as a core asset tool to address macro- and financial uncertainties。

V. Today ' s market calendar

Data release schedules

The big news

Institutional perspective:

ACCORDING TO THE LATEST VIEWS OF INVESTMENT BANKS SUCH AS GOLDMAN SACHS, MORGAN STANLEY AND MORGAN CHASE, GEO-SITUATION PUSHES INFLATION EXPECTATIONS AND REMOVES INTEREST-RATE PREMIUMS FROM THE FED IN THE SHORT TERM, LEADING TO PRESSURE ON GOLD AND SILVER, BUT, IN THE LONG RUN, CENTRAL BANK DEMAND AND INVESTOR DEMAND STILL SUPPORT GOLD PRICES, WHICH ARE EXPECTED TO REACH $5,000 OR MORE BY THE END OF 2026. WITH REGARD TO OIL PRICES, UNITED STATES PLANS TO RELEASE IRANIAN OIL AND RESERVES COULD RAPIDLY CALM SUPPLY TENSIONS, WITH WTI AND BRENT OR BACK TO FEBRUARY LEVELS, WITH STRUCTURAL SURPLUSES REMAINING. ON THE UNITED STATES SHARE, THE AI THEME AND LOOSE MONETARY POLICY CONTINUE TO UNDERPIN, WITH DOUBLE-DIGIT GROWTH EXPECTED THROUGHOUT THE YEAR AT 500, BUT OVERVALUATION REQUIRES VIGILANCE. THE ENCRYPTED MARKET BENEFITS FROM CONTINUED ETF INFLOWS AND INSTITUTIONAL HOARDING, MAINTAINED BY THE BTC DOMINANCE, WITH SHORT-TERM GEODESY OR REBOUND, BUT REGULATORY UNCERTAINTY REMAINS A MAJOR RISK. OVERALL, THE BOARD RECOMMENDS THAT HIGH-QUALITY ASSET ALLOCATION OPPORTUNITIES BE SOUGHT IN THE EVENT OF FLUCTUATIONS。

DISCLAIMER: THE ABOVE IS COLLATED BY AI, MANUALLY ISSUED ONLY FOR VALIDATION AND IS NOT RECOMMENDED FOR INVESTMENT。