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Gronghui March 31｜Australian stocks closed slightly higher on Tuesday as investors bought at lows, but concerns over the inflation risks from the escalating Middle East war, weak demand, and rising borrowing costs led the Australian market to post its largest monthly decline since June 2022. The benchmark S&P/ASX200 index fell a total of 7.8% in a volatile March. Energy stocks were the only major sub-index to post gains in March, driven by rising oil prices, rising 18.5%—the best performance since April 2020. Swap contracts show the probability of the Reserve Bank of Australia raising rates in May is 58%, and suggest there is still about 60 basis points of tightening room for the remainder of 2026. Merewether Capital portfolio manager Luke Winchester stated: “The market is still betting that the Middle East conflict can be resolved quickly. If things don't go as hoped, I agree with those experts who think the situation could get very bad. And in such a scenario, rate hikes will only bring more pain.”

BlockBeats News, March 31st, according to Hyperinsight monitoring, during this morning's ETH surge, a whale starting with 0x338 continued to increase its long position through profit-taking roll-ins, progressively adding to a price of $2089, causing the liquidation price to passively rise to $2046, surpassing the entry price, leaving only about 0.48% difference between the liquidation price and the current price. Currently, this address holds a 25x leveraged ETH long position, amounting to 8572 ETH, approximately $17.63 million, with an entry price of $2039, and the current unrealized profit is around $150,000 (+22%). This position was opened 4 days ago, still profitable but at the brink of liquidation.

Golden Ten Data reported on March 31 that Joseph Chai, an analyst at RHB Research, pointed out in his report that on the daily chart, the bullish momentum in NYMEX gold futures is accelerating. The analyst observed that the gold price broke through the resistance level of $4,500 per ounce during the most recent trading session. Chai stated that the bulls are now targeting the next resistance level. However, he also added that the gold price may encounter strong selling pressure near the 20-day simple moving average (SMA), which is in a downward trend. According to data from London Stock Exchange Group, the current 20-day moving average is around $4,815.63 per ounce.