✅ Key News for March 18:
🔺 Bitcoin price: $83,160
🔺 Market in the red zone again: BTC is down -0.5%, dragging Ethereum and other altcoins down -1% to -5%. Mid-tier projects are also declining by up to -7%, except for a few tokens: PEPE and OKB gained +5%, while Token X surged +70%.
🔺 CryptoQuant report: Traders are getting tired of longing and have started switching to bearish positions. Yesterday, ETH recorded a historic high in short positions, and a major whale continues to hold a $515M BTC short, with an entry point at $83,900. The Greed Index has been fluctuating between "fear" and "extreme fear" for over three weeks.
🔺 New projects KiloEx, PAWs, and Meteora are postponing token listings indefinitely**—waiting for a better market moment. Meanwhile, **ZkSync has suspended its "Ignite" rewards program to reallocate resources to product development. Energy-saving mode activated.
🔺 Trump’s company (World Liberty Financial) made another $390M profit from selling its WLFI tokens. The fund plans to use the revenue to buy back strategic reserves in BTC, ETH, TRX, LINK, ONDO, and SUI.
🔺 CAKE token from PancakeSwap is pumping +45% in recent days, as it overtakes Uniswap in trading volume. 👇
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