Between 15:30 and 15:45 (UTC) on March 2, 2026, Bitcoin (BTC) experienced a significant short-term rebound, with a return of +1.41%. The trading range was from 68,433.0 to 69,535.2 USDT, with a volatility of 1.61%. During this abnormal movement, market attention sharply increased, volatility intensified, and short-term capital flow became active.
The main drivers of this movement were the easing of geopolitical tensions combined with a return to risk appetite, leading some funds to re-enter the crypto asset sector. Additionally, institutional accumulation continued, spot ETF capital inflows persisted, and large wallets increased their holdings by over 75,000 BTC within 10 days, further tightening liquidity. Driven by institutional funds, buying pressure strengthened, sell orders on trading platforms decreased, providing direct momentum for short-term price increases.
Furthermore, spot trading volume over 24 hours dropped to approximately $46 billion, while derivatives trading volume declined but open interest increased by 1.9%, indicating a willingness for new capital to enter. Technical signals show BTC price breaking out of the fluctuation range, with Bollinger Bands and RSI indicators in neutral zones, and market sentiment leaning optimistic. Analysts generally expect BTC to perform well in March, encouraging chasing buying activity. On-chain capital absorption and macro liquidity easing resonate, making short-term prices more susceptible to capital-driven movements.
Caution is advised regarding the risk of amplified volatility. Spot trading activity has decreased, leverage in derivatives has increased, and short-term profit-taking may lead to profit-reversal pressure. Attention should be paid to key resistance levels, on-chain capital flows, and macro events that could influence market sentiment. Users should closely monitor market dynamics, manage short-term trading risks, and stay updated on on-chain and institutional movements.
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