[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.staticimgs.com/image/article/1743058816ann_en.webp) This report uses a multidimensional data approach to provide an in-depth analysis of the cryptocurrency market dynamics and trends from March 12 to March 26. It focuses on Bitcoin and Ethereum's market reactions, leveraged capital flows, and contract market liquidation trends during this period. Additionally, the quantitative backtesting section highlights a detailed examination of the TD Sequential indicator and evaluates its performance in terms of returns. **Key Takeaways:** - **BTC Rebounds Amid Cautious Market Sentiment: **Over the past two weeks, the BTC market has shown increased sensitivity, with prices following a choppy rebound trend, while ETH continues to underperform with weak upward momentum. The BTC long/short ratio has remained between 0.95 and 1.10, reflecting a strong willingness to go long, but overall leveraged momentum remains weak. - **Decline in Leverage and Sharp Reduction in Liquidations: **Average daily liquidations in the contract market have dropped to $200 million, marking a 74% reduction compared to previous periods. On-chain and derivatives data suggest that the deleveraging process is largely complete, and extreme short-term sentiment has eased. - **Slowdown in BTC Realized Cap Growth, Indicating Weak Capital Inflows: ** BTC's monthly realized market cap growth rate has slowed to just 0.67%, indicating that new capital inflows have nearly stopped. As a result, market trading activity remains subdued. - **Strong Backtesting Performance of the TD Sequential Indicator:** The quantitative backtesting section used the TD Sequential indicator to predict market reversals. Backtest results showed that, under optimal parameter settings, the strategy delivered an impressive return of 178%, demonstrating strong performance in identifying BTC price turning points. - **Market Outlook and Strategic Implications:** Moving forward, close attention should be paid to BTC capital flows, changes in leveraged market structures, and the impact of macroeconomic policies on the market. In the short term, BTC prices may continue to be driven by market sentiment, but without fresh capital inflows, the sustainability of the rebound remains uncertain. **Gate Research** Gate Research is a comprehensive blockchain and crypto research platform, providing readers with in-depth content, including technical analysis, hot insights, market reviews, industry research, trend forecasts, and macroeconomic policy analysis. Click the Link to learn more **Disclaimer** This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please note that Gate may restrict or prohibit all or part of its services from certain restricted regions. For more information, please read the User Agreement here: https://www.gate.io/user-agreement. Investing in the cryptocurrency market involves high risk. It is recommended that users conduct independent research and fully understand the nature of the assets and products they purchase before making any investment decisions. Gate is not responsible for any losses or damages from such investment decisions. Gate Team March 27, 2025 **Gateway to Crypto** Trade over 3,800 cryptocurrencies safely, quickly, and easily on Gate **Take Action Now** Sign up and claim up to $10,000 in welcome rewards Invite friends and earn a 40% commission **Stay Connected** Visit Gate's official website Download the Gate App | Desktop Follow us on X (Twitter) to get more bonuses Join our Telegram community to discuss trending topics Engage with our global community for the latest insights **Transparency & Security** Check our 100% Proof of Reserves

Gate Research: TD Sequential Indicator Delivers 178% Gains

Gate Research: TD Sequential Indicator Delivers 178% Gains