March Crypto Market Trends: Unlocking Wave, Technology Upgrades, and Macroeconomic Policies

As the market enters a deep correction phase, March will see several important events that may significantly impact the current market trend.

First, multiple well-known projects will undergo large-scale token unlocks. These include several projects, among them a Layer 1 public chain and a zero-knowledge proof scaling project, with the total value of the unlocked tokens expected to exceed $500 million. This may bring certain liquidity pressure to the market, and investors need to stay vigilant.

What is more concerning is that 11.2 million native tokens of a certain public chain (approximately 1.48 billion USD) involved in a bankruptcy case of a well-known exchange are about to be unlocked. This massive selling pressure may significantly increase liquidity risks in the crypto market in the short term, causing a notable impact on the prices of related assets.

In terms of technological development, a well-known public blockchain will undergo a hard fork upgrade. This upgrade aims to optimize network performance and is expected to promote further development of its ecosystem. This technological advancement may inject some positive factors into the crypto market.

On the macroeconomic level, the Federal Reserve is about to announce a new round of interest rate decisions. Given the close relationship between the crypto market and traditional financial markets, this decision is likely to trigger fluctuations in the prices of crypto assets.

In summary, the crypto market will face multiple influencing factors in March. Large-scale token unlocks may bring short-term selling pressure, while technological upgrades and macro policies could present new opportunities and challenges for the market. Investors should closely monitor the developments of these events, reasonably assess risks, and make informed investment decisions.