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Yieldo
Crypto Analytics

Crypto Macro Pulse — Real-Time Indicators & AI Market Analysis — 21.03.2026

Risk Off

GEOPOLITICS KEEPS THE MARKET ON EDGE

🟡 Neutral — anxiety is easing, but the backdrop remains fragile

The main driver of the day is the Middle East agenda and the jump in oil expectations: this keeps investors in a cautious mode. At the same time, there is a small plus — the stock market fear index fell to 24.06 (from 25.09 yesterday), meaning the sharpness of the “risk-off” move has slightly dulled. The dollar remains strong (has strengthened noticeably over the week), and short rates are high: the 2-year yield is around 3.79% and is holding near very high levels of recent months — this continues to be a headwind for crypto.

In crypto, the picture is more about a pause after the hit: BTC is around $70,634 and barely moving, and volatility over the past month is noticeably lower than usual — the market seems to be “compressing” before the next impulse. Crowd sentiment remains extremely anxious (Fear & Greed = 12), but slightly better than yesterday. The weak spot is institutional flows: the daily flow for BTC-ETF is still negative (-$52M), and the 7-day inflow has cooled noticeably ($329M vs $497M yesterday), so the recovery still looks uncertain. From yesterday’s state, there is one important change: fear has eased slightly, but reliance on ETFs has become weaker — because of this, the market remains vulnerable to a new round of geopolitics.

WHAT TO WATCH

1) Geopolitical headlines and oil: a new spike usually brings pressure back on risk.
2) VIX: a sustained move below 20–22 will be a signal that panic is fading.
3) Flows into BTC-ETF: a shift to steady daily inflows will bring back “fuel” for a rebound.

Market State

Market Phase
consolidation
Risk Level
elevated
Key Themes
geopolitics and oil as a source of anxiety a strong dollar and high short-term rates are weighing on risk weakening momentum of inflows into BTC ETFs amid sideways BTC

All Indicators

Event Value Change
US Dollar Index 120.55
US 10Y Treasury 4.25%
US 2Y Treasury 3.79%
US 10Y TIPS (Real Yield) 1.88%
Fed Funds Rate 3.64%
CPI (YoY) 2.43%
Core CPI (YoY) 2.47%
VIX 24.06
Yield Curve (10Y-2Y) 0.46%
BTC Dominance 56.50% -0.04%
BTC Price $70,634 -0.21%
BTC Return 24h -0.19% -121.11%
BTC Return 7d -0.57% -2,750.00%
BTC Vol 30d (ann.) 51.05% -11.89%
Fear & Greed 12 +9.09%
Fed Balance Sheet 6.66%
Treasury General Account 853.05%
Reverse Repo 0.82%
M2 Money Supply 22.44%
Net Liquidity 5,802.03%
BTC ETF Daily Flow -52.11% +42.22%
BTC ETF 7d Flow 329.38% -33.68%
BTC ETF AUM 90.30% -0.58%

Economic Events

Date Event Expected Previous
Mar 18 Fed Interest Rate Decision