Digital Asset Snapshot: BTC Long Liquidations, BTC/ETH Correlation, and Funding Regime Re-Inversion March CPI hit 3.3% year-over-year on the Iran oil shock, core held at 2.6%, the Fed stays on hold at 3.50-3.75%, and the 10-year at 4.26% as a ceasefire pulls oil lower into the April 28-29 FOMC. The energy impulse has not reached services; shipping, aviation, and manufacturing absorb elevated costs regardless. In crypto, ETH funding cratered from +4.8% to -9.1% APR as longs cleared in a 5.5:1 liquidation ratio; mechanical, not a regime change.
Onchain Valuation: What Bitcoin's Realized Price Says About 2026 This is Section 10, excerpted from our Amberdata Crypto Market Review 2025 and 2026 Outlook: Six Regimes, One Story. Our full report spans 14 sections - ETF flows, derivatives, onchain, liquidity, and our complete 2026 outlook. MVRV, NUPL, Puell Multiple - the signals that called October's bottom and what they mean now.
Amberdata Digital Asset Snapshot: Liquidity, Positioning, & ETF Flows Signal Market Reset March CPI hit 3.3% year-over-year on an energy spike from the Iran conflict; core held at 2.6%, the Fed stays on hold at 3.50–3.75%, and the 10-year yield at 4.29%. The oil shock has not yet reached services; shipping, aviation, and industrials face months of elevated costs before the April 28–29 FOMC convenes. Inside crypto, last week’s short squeeze has inverted: BTC long liquidations ran 8:1 over shorts, a mechanical reset, not a regime change.