📢 Gate Plaza Daily | March 16
1️⃣ Product Update: Gate officially launched GateRouter, unified API access to mainstream AI large models in 30 seconds, inference costs can be reduced by up to 80%.
2️⃣ Market Overview: Bitwise CIO stated that if Bitcoin acquires a portion of the gold and Treasury securities value storage market share, its price could rise to 1 million dollars.
3️⃣ Industry News: Venus Protocol allegedly suffered a flash loan attack, THE experienced massive liquidation, raising DeFi security concerns.
4️⃣ Macro News: IEA states record reserve crude oil will be immediately deployed to Asian markets, Western regions expected to wait until end of March.
5️⃣ On-chain Activity: Ethereum Foundation sold 5000 ETH to BitMine for 10.2 million dollars.

#BTC行情分析 大饼$BTC From a daily level perspective, yesterday closed with a positive candlestick, and we've now seen six consecutive bullish days. However, no new highs have been created. Using Wyckoff theory terminology, this is "effort without results." But we shouldn't blindly turn bearish. We're not guessing market direction—if we're analyzing, then there must be conditions for reversal. If the price breaks through the highest point of this oscillation phase (the red circle position in the chart), then this bearish view would become invalid 🐻