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08:09
Bitcoin may fall below $60,000: Break-even period could extend to 2027, as whale sell-off intensifies downside risk
BlockBeats News, March 28, according to Cointelegraph, the latest data shows that if Bitcoin falls further below $60,000, the time for the market to return to its historical high may be postponed until 2027. Analysis indicates that Bitcoin has dropped approximately 48% from its high of around $126,000 in 2025. According to historical patterns, for every additional 10% drop, the recovery cycle is extended by an average of about 80 days. Currently, if $60,000 is the stage bottom, it is estimated that about 300 days will be needed to complete the recovery. However, if it continues to fall to the $40,000–$45,000 range, the total drawdown will exceed 60%, and the recovery cycle may be prolonged to about 440 days, pushing the timeline to after the second quarter of 2027. On-chain indicators also show that the bottom has not yet been confirmed. The comprehensive market index (BCMI) is currently around 0.27, higher than the historical bottom range (about 0.12–0.15), which means there is still further downside potential. In terms of capital flows, whale sell-offs continue to intensify pressure. Data shows that large holders' selling pressure has reached the highest level in nearly 18 months, while liquidity in both the spot and futures markets is weakening simultaneously. Institutional views believe that the current market is in a deep adjustment cycle, and if the macro environment remains tight (including interest rates staying high or even rising), it will further delay the pace of the crypto market's recovery.
07:59
Iran says crude oil exports from Kharg Island are proceeding as normal
According to Golden Ten Data on March 28, on the 28th local time, the spokesperson for the Iranian Parliament’s National Security and Foreign Policy Committee, Ebrahim Rezaei, stated that the security situation on Khark Island is stable, life on the island is operating normally, and oil exports are proceeding smoothly. On that day, Rezaei, together with some members of the Iranian Parliament’s National Security and Foreign Policy Committee, visited Khark Island. He warned that any attack against Khark Island would be met with a firm response from Iran.
07:56
BNB Chain: The first phase of the BNB Beacon Chain recovery tool will end in 3 days
PANews reported on March 28 that BNB Chain stated on the X platform that Phase 1 of the BNB Beacon Chain recovery tool will cease operations in three days. Users who still hold BEP2 tokens are advised to migrate their assets to an exchange as soon as possible to speed up the handling process.
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