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.
Amberdata Digital Asset Snapshot: Short Squeeze, Negative Funding, & BTC/ETH Decoupling Inflation remains sticky, the Fed is not cutting rates, and yields are rising. This creates a genuinely difficult backdrop for risk assets, one that predates the current crisis. An inflation shock is still 3-4 weeks away, with agriculture, shipping, and manufacturing facing months of elevated input costs as the supply chain absorbs it. Within crypto, a short squeeze is underway, which can move the price but mechanical short covering is not a regime change.
The Great Rotation: Who Bought Bitcoin's Dip and Why It Matters This is Section 9, excerpted from our Amberdata Crypto Market Review 2025 and 2026 Outlook: Six Regimes, One Story. Our full report spans 14 sections - ETF flows, derivatives, on-chain, liquidity, and our complete 2026 outlook. HODL waves, balance buckets, and the wealth transfer that defined 2025