Gate News message: According to Gate’s official announcement, Gate’s stock section has launched pre-IPO SPACEX perpetual contract trading, with USDT settlement. This contract supports 1–10x long and short operations, and the leverage ratio can be selected by the user at the time of placing the order. SpaceX was founded by Elon Musk in 2002 and is the world’s largest commercial aerospace company. This contract is set up based on SpaceX’s current pre-IPO stage, and is intended to provide market-based valuation and price discovery for its stock. The valuation unit is 1 billion; for example, if SpaceX’s company valuation is 800 billion USD, then 1 SPACEX is priced at 800 USD.

XRP’s recent price fluctuations are in the $1.339 to $1.35 range, boosted by the U.S.-Iran ceasefire talks. It rose about 3% in a single day. The key resistance zone is $1.34 to $1.355; analysts say that only by breaking through this area can investors focus on higher targets. Downside support sits at $1.31 to $1.32, and if it breaks below, it could return to the consolidation range. The market is waiting for U.S. economic data, so the near-term dynamics are worth watching.

From 2026-04-02 00:30 to 2026-04-02 00:45 (UTC), the ETH 15-minute candlestick shows a gain of +0.72%. The price range is 2137.74 to 2157.47 USDT, with a swing of 0.92%. The volatility is moderate, but as market attention to this unusual move increases, the interest in related market conditions and risk discussions also rises. The main driver of this unusual move is the convergence of multiple technical rebound signals and derivatives positioning at high levels. A long-legged doji on the monthly chart has formed, creating expectations of a trend reversal. On the daily chart, the RSI is already at 42, having dropped into the oversold zone. 4

A report released on April 1 shows that on March 30 and 31, Bitcoin ETFs saw net inflows of $69.4 million and $114 million, respectively, ending the outflow trend. The main sources of inflows were ARK Invest and Fidelity. In the derivatives market, shorts are dominant; the funding rate remains negative, and there is a dense liquidation zone below the current Bitcoin price of $66.5k.

Bitcoin’s price is nearing the “buy zone” the market is watching, but the bottom signals have not fully formed yet. The current price is above the cost range, suggesting the market hasn’t undergone a major cleanup. The premium continues to narrow, reflecting that the bubble is being worked off. Although the market may face pressure in the short term, funds are positioning early, indicating optimism about future prospects.

El Salvador's Bitcoin reserves have increased to 7,605.37 coins, worth approximately $506 million. Analysts point out that losses for short-term Bitcoin holders are widening, with the MVRV indicator in bear market territory. Brother Ma's losses have reached $31.3 million. Walmart's payment platform OnePay has added support for various cryptocurrencies. Gnosis and Zisk have launched an Ethereum economic zone Rollup framework.

Gnosis co-founder and Zisk’s founder announced the Ethereum Economic Zone (EEZ) initiative at the EthCC conference, aiming to provide a framework for Rollups, improve the composability of smart contracts, and address Ethereum’s fragmentation problem. The project received funding from the Ethereum Foundation, and all software will be released as open source to minimize governance and prevent upgrades.

The Nasdaq 100 index entered a technical correction on March 27, down 11% from its peak, mainly due to declines in tech giant stock prices and investors' diminished confidence in the market outlook.

Solana (SOL) fell back to $87 after failing at the resistance level of $93, with a daily decline of 5.7%. The market is paying attention to the support zone between $82 and $91; if it breaks down, a new round of declines may begin. Meanwhile, technical indicators suggest a weak medium to long-term trend, but the fundamentals remain strong. Short-term performance depends on the support zone; if it is lost, watch for levels at $53 and $35 below.

Global market performance looks stable on the surface, but internal imbalances remain. Geopolitical risks still exist. Countries are withdrawing liquidity and stabilizing their domestic currencies through different measures; the inflation logic has shifted somewhat, and a strengthening U.S. dollar reflects liquidity being withdrawn. In the crypto market, BTC is consolidating within a range-bound, choppy zone, with price volatility kept in check. In the short term, it’s necessary to watch for changes in the macro environment to find a trend breakout.