Crypto Market Outlook — 3-9-18
In the past four hours, Bitcoin stabilized around $110K as traders await key U.S. labor market data for direction, with technical signals showing both accumulating positions and a risk of sliding towards $100K if support cracks. Meanwhile, Ethereum has outperformed, attracting significant institutional flows, as over $4B rotated into ETH funds versus $751M exiting U.S. Bitcoin ETFs, signifying diverging appetites and underlying confidence in ETH's growth narrative. Dogecoin exhibited elevated institutional flows and traded tightly in the $0.21–$0.22 range, underscoring increased interest but also caution amid broader market choppiness. Overall, short-term sentiment is mixed, with risk assets rebounding off lows but lingering unease over macroeconomic headwinds and capital outflows in select crypto segments.