ChainThink report, March 17: The crypto market witnessed a strong rebound, with the following bullish consensus emerging:

Yi Lihua, founder of Liquid Capital (formerly LD Capital), stated: "I'm going all-in on the rebound this time—no short positions, no reversal bets. After such deep oversold conditions, a substantial rally is inevitable. BTC rallying to $85,000 and even $90,000 are both reasonable targets."

Michael Saylor, founder of Strategy, posted a bullish outlook on BTC amid the AI frenzy: "If AI compresses terminal value and renders all moats ephemeral, capital will flow toward assets immune to disruption. Bitcoin is digital capital—scarce, neutral, and unaffected by AI disruption. In this structural shift, BTC should be the primary beneficiary."

Prominent trader Eugene said: "I've shifted fully long. Notably, despite the broader weakness in global risk assets, crypto has shown remarkable resilience—a rare sign of strength since Bitcoin's crash from $60,000. Although I didn't catch the absolute bottom, I prefer chasing momentum after breaking out of consolidation zones, as it better manages risk. Furthermore, multiple altcoins have formed natural rounded bottoms, increasing the probability of near-term upside. If BTC decisively breaks above $74,000, the entire crypto market could ignite. I anticipate major coins like ETH and SOL will retest their prior trading ranges (ETH ~$2,400 / SOL ~$100)."

Crypto analyst Murphy noted: "After the options expiry on March 20, BTC’s options structure will shift focus toward $75,000—from suppressing volatility to amplifying it. Resistance will emerge near $80,000, while support will form between $65,000 and $67,000. Call OI significantly exceeds Put OI, indicating substantial capital betting on BTC rising toward $75,000."

Tom Lee expressed a bullish view on US equities: "After months of narrow-range consolidation, the S&P 500 is poised to continue rising over the coming weeks. However, we expect a bear market in US equities this year—but first, a new record high will be reached. We're currently in a phase where software stocks, the 'Magnificent Seven' of US equities, and crypto have already undergone bear markets, shedding excessive speculative positions. Our expectation is that the market will rise before month-end, closing higher in March, with the S&P 500 potentially reaching 7,300. A bear market may emerge later this year."

Renowned trader and chart analyst Peter Brandt highlighted a prominent "Bullish Wedge" pattern on BTC’s daily chart, suggesting a potential rapid short-term rally. The "Wedge" pattern originates from Richard Schabacker’s 1934 book *Technical Analysis and Stock Market Profits*, representing an H-shaped expansion pattern often signaling price reversal or breakout.

Analyst firm Bernstein stated: "Bitcoin is developing a more resilient ownership structure. It has demonstrated exceptional durability during recent Middle East conflicts, outperforming traditional assets like gold and global indices. The maturation of spot Bitcoin ETFs and growing institutional treasury demand have fundamentally reshaped Bitcoin’s investor base, reducing reliance on speculative retail capital and strengthening its long-term outlook."

Analytics firm Glassnode added: "A break above $75,000 could amplify BTC’s upward momentum. A significant concentration of negative gamma positions exists around the $75,000 strike price in the BTC options market. Market makers appear broadly short structured call options at this level. As spot prices approach this zone, hedging activities could intensify, potentially magnifying upward price volatility."