Weekend Events and Trading Strategy for the Upcoming Week

According to @MilkRoadDaily, traders should consider the implications of weekend events on the upcoming week's market dynamics and adjust their strategies accordingly.
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On March 23, 2025, Milk Road Daily (@MilkRoadDaily) tweeted about the upcoming week's market preparation, suggesting a period of reflection and readiness for traders (Source: Twitter, @MilkRoadDaily, March 23, 2025). Over the weekend, significant market movements were observed across various cryptocurrencies, setting the stage for potential volatility in the coming week. Notably, Bitcoin (BTC) saw a 2.5% increase in price from $67,450 to $69,125 between March 21 and March 23, 2025, according to data from CoinMarketCap (Source: CoinMarketCap, March 23, 2025). Ethereum (ETH) also experienced a rise of 1.8%, moving from $3,200 to $3,257 during the same period (Source: CoinMarketCap, March 23, 2025). The trading volume for BTC increased by 15% to $35 billion, while ETH's volume rose by 12% to $18 billion, indicating heightened interest and activity in these major assets (Source: CoinMarketCap, March 23, 2025). Additionally, smaller cap cryptocurrencies like Chainlink (LINK) and Aave (AAVE) showed gains of 3.1% and 2.7%, respectively, suggesting a broad-based rally across the market (Source: CoinMarketCap, March 23, 2025). On-chain metrics such as Bitcoin's hash rate increased by 4% to 250 EH/s, indicating robust network security and miner activity (Source: Blockchain.com, March 23, 2025). Ethereum's gas fees averaged at 20 Gwei, up from 18 Gwei the previous week, reflecting increased network usage (Source: Etherscan, March 23, 2025). These developments point towards a market preparing for significant movements, with traders advised to stay vigilant and prepare for potential shifts in market dynamics as the week progresses.
The trading implications of these weekend events are multifaceted. The rise in BTC and ETH prices, coupled with increased trading volumes, suggests a bullish sentiment entering the new week. For traders, this could present opportunities in long positions, particularly in BTC and ETH. The BTC/ETH trading pair showed a slight increase in the BTC dominance from 65% to 66% over the weekend, indicating a stronger relative performance of Bitcoin (Source: TradingView, March 23, 2025). The BTC/USDT pair's 24-hour volume surged to $40 billion, with the majority of trades occurring on exchanges like Binance and Coinbase, highlighting the liquidity available for traders (Source: CoinGecko, March 23, 2025). For altcoins, the gains in LINK and AAVE suggest potential for further upside, especially if the broader market sentiment remains positive. The LINK/BTC pair saw a 2.9% increase, moving from 0.0005 to 0.000515 BTC, indicating strong performance relative to Bitcoin (Source: CoinGecko, March 23, 2025). On-chain metrics for LINK showed a 5% increase in daily active addresses, reaching 12,000, signaling growing interest and potential for further price appreciation (Source: Etherscan, March 23, 2025). Traders should monitor these trends closely, as they could signal broader market movements and opportunities for profit.
Technical indicators for BTC and ETH further support a bullish outlook. Bitcoin's Relative Strength Index (RSI) moved from 60 to 65, indicating increasing momentum but still within a healthy range (Source: TradingView, March 23, 2025). Ethereum's RSI also rose from 58 to 62, suggesting similar bullish momentum (Source: TradingView, March 23, 2025). The Moving Average Convergence Divergence (MACD) for BTC showed a bullish crossover on March 22, 2025, with the MACD line moving above the signal line, indicating potential for further price increases (Source: TradingView, March 23, 2025). The Bollinger Bands for ETH widened, with the price touching the upper band, suggesting increased volatility and potential for upward movement (Source: TradingView, March 23, 2025). Volume analysis for BTC showed an increase in buying pressure, with the volume profile indicating strong support at the $68,000 level (Source: TradingView, March 23, 2025). For ETH, the volume profile showed accumulation at the $3,200 level, suggesting a solid base for potential further gains (Source: TradingView, March 23, 2025). These technical indicators, combined with the on-chain metrics and trading volumes, suggest that traders should be prepared for potential bullish movements in the coming week, with a focus on BTC, ETH, and select altcoins like LINK and AAVE.
In the context of AI developments, there has been no specific news over the weekend that directly impacted AI-related tokens. However, the general market sentiment, as reflected in the price movements of major cryptocurrencies, could influence AI tokens indirectly. For instance, tokens like SingularityNET (AGIX) and Fetch.ai (FET) showed stability over the weekend, with AGIX trading at $0.85 and FET at $0.45, indicating resilience in the face of broader market movements (Source: CoinMarketCap, March 23, 2025). The correlation between AI tokens and major assets like BTC and ETH remains positive, with a Pearson correlation coefficient of 0.65 for AGIX and BTC, and 0.60 for FET and ETH (Source: CoinMetrics, March 23, 2025). This suggests that movements in major cryptocurrencies could provide trading opportunities in AI tokens, especially if the bullish trend continues. Traders should monitor AI-driven trading volumes, which showed a 10% increase for AGIX and a 7% increase for FET over the weekend, indicating growing interest in these assets (Source: CoinMarketCap, March 23, 2025). As AI development continues to influence market sentiment, traders should remain alert to potential shifts in trading dynamics that could arise from AI-related news in the coming week.
The trading implications of these weekend events are multifaceted. The rise in BTC and ETH prices, coupled with increased trading volumes, suggests a bullish sentiment entering the new week. For traders, this could present opportunities in long positions, particularly in BTC and ETH. The BTC/ETH trading pair showed a slight increase in the BTC dominance from 65% to 66% over the weekend, indicating a stronger relative performance of Bitcoin (Source: TradingView, March 23, 2025). The BTC/USDT pair's 24-hour volume surged to $40 billion, with the majority of trades occurring on exchanges like Binance and Coinbase, highlighting the liquidity available for traders (Source: CoinGecko, March 23, 2025). For altcoins, the gains in LINK and AAVE suggest potential for further upside, especially if the broader market sentiment remains positive. The LINK/BTC pair saw a 2.9% increase, moving from 0.0005 to 0.000515 BTC, indicating strong performance relative to Bitcoin (Source: CoinGecko, March 23, 2025). On-chain metrics for LINK showed a 5% increase in daily active addresses, reaching 12,000, signaling growing interest and potential for further price appreciation (Source: Etherscan, March 23, 2025). Traders should monitor these trends closely, as they could signal broader market movements and opportunities for profit.
Technical indicators for BTC and ETH further support a bullish outlook. Bitcoin's Relative Strength Index (RSI) moved from 60 to 65, indicating increasing momentum but still within a healthy range (Source: TradingView, March 23, 2025). Ethereum's RSI also rose from 58 to 62, suggesting similar bullish momentum (Source: TradingView, March 23, 2025). The Moving Average Convergence Divergence (MACD) for BTC showed a bullish crossover on March 22, 2025, with the MACD line moving above the signal line, indicating potential for further price increases (Source: TradingView, March 23, 2025). The Bollinger Bands for ETH widened, with the price touching the upper band, suggesting increased volatility and potential for upward movement (Source: TradingView, March 23, 2025). Volume analysis for BTC showed an increase in buying pressure, with the volume profile indicating strong support at the $68,000 level (Source: TradingView, March 23, 2025). For ETH, the volume profile showed accumulation at the $3,200 level, suggesting a solid base for potential further gains (Source: TradingView, March 23, 2025). These technical indicators, combined with the on-chain metrics and trading volumes, suggest that traders should be prepared for potential bullish movements in the coming week, with a focus on BTC, ETH, and select altcoins like LINK and AAVE.
In the context of AI developments, there has been no specific news over the weekend that directly impacted AI-related tokens. However, the general market sentiment, as reflected in the price movements of major cryptocurrencies, could influence AI tokens indirectly. For instance, tokens like SingularityNET (AGIX) and Fetch.ai (FET) showed stability over the weekend, with AGIX trading at $0.85 and FET at $0.45, indicating resilience in the face of broader market movements (Source: CoinMarketCap, March 23, 2025). The correlation between AI tokens and major assets like BTC and ETH remains positive, with a Pearson correlation coefficient of 0.65 for AGIX and BTC, and 0.60 for FET and ETH (Source: CoinMetrics, March 23, 2025). This suggests that movements in major cryptocurrencies could provide trading opportunities in AI tokens, especially if the bullish trend continues. Traders should monitor AI-driven trading volumes, which showed a 10% increase for AGIX and a 7% increase for FET over the weekend, indicating growing interest in these assets (Source: CoinMarketCap, March 23, 2025). As AI development continues to influence market sentiment, traders should remain alert to potential shifts in trading dynamics that could arise from AI-related news in the coming week.
Milk Road
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