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On March 29, according to the Islamic Republic News Agency of Iran, the United States and Israel attacked an Iranian port near the Strait of Hormuz on the 29th, resulting in 5 deaths and 4 injuries. (Xinhua News Agency) (Jins ten data APP)

[US, Israel Attack Iranian Port Near Strait of Hormuz, Killing 5]On March 29, according to the Islamic Republic News Agency of Iran, the United States and Israel attacked an Iranian port near the Strait of Hormuz on the 29th, resulting in 5 deaths and 4 injuries. (Xinhua News Agency) (Jins ten data APP)

US, Israel Attack Iranian Port Near Strait of Hormuz, Killing 5

On March 29th, The Kobeissi Letter released a market analysis indicating that US technology stocks have entered a relatively undervalued territory. The S&P 500 Information Technology Index's forward Price-to-Earnings (P/E) ratio is currently only 4% higher than that of the S&P 500, the lowest level since January 2019. This premium has fallen by 32 percentage points since October 2025, representing one of the largest discounts on record.

In simple terms, US tech stocks are currently at their cheapest level relative to the broader market in seven years. For comparison, during the peak overvaluation of tech stocks in June 2024, the tech sector was approximately 47% more expensive than the S&P 500. Tech stocks are now trending towards being less valued than the S&P 500 for the first time since 2017. Kobeissi Letter suggests it might be time to buy tech stocks.

Note: Based on current market data, the forward P/E ratio of the S&P 500 Information Technology Index is still around the low 20s, while the forward P/E ratio for the overall S&P 500 is around 20 to 21, placing it in a relatively low valuation range in recent years. Historically, when the relative valuation of tech stocks has significantly declined, subsequent performance divergence has often occurred. However, whether it is 'worth buying' still requires comprehensive judgment based on factors such as the macroeconomic environment, corporate earnings growth, and interest rate trends.

[Analysis: US Tech Stocks at 7-Year Low Valuation Relative to Broader Market]On March 29th, The Kobeissi Letter released a market analysis indicating that US technology stocks have entered a relatively undervalued territory. The S&P 500 Information Technology Index's forward Price-to-Earnings (P/E) ratio is currently only 4% higher than that of the S&P 500, the lowest level since January 2019. This premium has fallen by 32 percentage points since October 2025, representing one of the largest discounts on record.

In simple terms, US tech stocks are currently at their cheapest level relative to the broader market in seven years. For comparison, during the peak overvaluation of tech stocks in June 2024, the tech sector was approximately 47% more expensive than the S&P 500. Tech stocks are now trending towards being less valued than the S&P 500 for the first time since 2017. Kobeissi Letter suggests it might be time to buy tech stocks.

Note: Based on current market data, the forward P/E ratio of the S&P 500 Information Technology Index is still around the low 20s, while the forward P/E ratio for the overall S&P 500 is around 20 to 21, placing it in a relatively low valuation range in recent years. Historically, when the relative valuation of tech stocks has significantly declined, subsequent performance divergence has often occurred. However, whether it is 'worth buying' still requires comprehensive judgment based on factors such as the macroeconomic environment, corporate earnings growth, and interest rate trends.

Analysis: US Tech Stocks at 7-Year Low Valuation Relative to Broader Market

On March 29th, according to Alternative data, the cryptocurrency Fear and Greed Index has once again fallen below 10, currently standing at 9. Yesterday it was 12, and the monthly average was 13, indicating that the market continues to remain in a state of 'extreme fear'. Note: The Fear and Greed Index ranges from 0-100 and includes the following indicators: Volatility (25%), Market Volume (25%), Social Media Sentiment (15%), Market Surveys (15%), Bitcoin Dominance (10%), and Google Trends analysis (10%).

[Crypto Fear and Greed Index Drops to 9, Market Remains in 'Extreme Fear']On March 29th, according to Alternative data, the cryptocurrency Fear and Greed Index has once again fallen below 10, currently standing at 9. Yesterday it was 12, and the monthly average was 13, indicating that the market continues to remain in a state of 'extreme fear'. Note: The Fear and Greed Index ranges from 0-100 and includes the following indicators: Volatility (25%), Market Volume (25%), Social Media Sentiment (15%), Market Surveys (15%), Bitcoin Dominance (10%), and Google Trends analysis (10%).

Crypto Fear and Greed Index Drops to 9, Market Remains in 'Extreme Fear'

On March 29, according to the Islamic Republic News Agency of Iran, the United States and Israel attacked an Iranian port near the Strait of Hormuz on the 29th, resulting in 5 deaths and 4 injuries. (Xinhua News Agency)

[US, Israel Strike Iranian Port Near Strait of Hormuz, 5 Dead]On March 29, according to the Islamic Republic News Agency of Iran, the United States and Israel attacked an Iranian port near the Strait of Hormuz on the 29th, resulting in 5 deaths and 4 injuries. (Xinhua News Agency)

US, Israel Strike Iranian Port Near Strait of Hormuz, 5 Dead

On March 29th, the Israel Defense Forces (IDF) announced today (March 29th) that the Israeli Air Force conducted a large-scale airstrike on infrastructure in the core area of Tehran on the 28th. During this operation, the IDF further degraded Iran's weapons production infrastructure, striking dozens of weapons storage and production sites. As Iran has begun transferring its command centers to mobile units, the IDF destroyed several temporary Iranian command centers in this strike, including commanders operating within these headquarters. The IDF stated that this strike further weakened Iran's core system and operational capabilities.

[IDF Claims Strike on Iranian Temporary Command Centers]On March 29th, the Israel Defense Forces (IDF) announced today (March 29th) that the Israeli Air Force conducted a large-scale airstrike on infrastructure in the core area of Tehran on the 28th. During this operation, the IDF further degraded Iran's weapons production infrastructure, striking dozens of weapons storage and production sites. As Iran has begun transferring its command centers to mobile units, the IDF destroyed several temporary Iranian command centers in this strike, including commanders operating within these headquarters. The IDF stated that this strike further weakened Iran's core system and operational capabilities.

IDF Claims Strike on Iranian Temporary Command Centers

Bitcoin Fear and Greed Index is 9. Extreme Fear.
Current Price: $66789.15.

[Bitcoin Fear and Greed Index is 9]Bitcoin Fear and Greed Index is 9. Extreme Fear.
Current Price: $66789.15.

Bitcoin Fear and Greed Index is 9

On March 29th, during an interview, US Vice President Vance stated regarding the Iran issue that the United States has no intention of remaining in Iran and will withdraw soon after handling current affairs. There is every reason to believe that the US has already accomplished all its military objectives. The reason military operations have not yet concluded is that US President Trump wants to ensure Iran is completely incapable of threatening the US. As for the current rise in oil prices within the US, Vance indicated that this is an extremely brief market reaction to the US-Israel-Iran conflict, and oil prices will fall after the US withdraws from Iran. (CCTV International News)

[Vance: US Not Intending to Stay in Iran, All Military Objectives Met]On March 29th, during an interview, US Vice President Vance stated regarding the Iran issue that the United States has no intention of remaining in Iran and will withdraw soon after handling current affairs. There is every reason to believe that the US has already accomplished all its military objectives. The reason military operations have not yet concluded is that US President Trump wants to ensure Iran is completely incapable of threatening the US. As for the current rise in oil prices within the US, Vance indicated that this is an extremely brief market reaction to the US-Israel-Iran conflict, and oil prices will fall after the US withdraws from Iran. (CCTV International News)

Vance: US Not Intending to Stay in Iran, All Military Objectives Met

On March 29, according to HTX market data, Bitcoin has broken through $67,000, with a 24-hour increase of 1.38%.

[Bitcoin Surges Past $67,000, Up 1.38% in 24 Hours]On March 29, according to HTX market data, Bitcoin has broken through $67,000, with a 24-hour increase of 1.38%.

Bitcoin Surges Past $67,000, Up 1.38% in 24 Hours

On March 29th, Glassnode stated that Bitcoin is currently at the lower boundary of the new buyer cost basis range ($60,000 to $70,000). Supply accumulation within this price range is noticeable, but compared to historical precedents that drove strong recoveries, the density of current coin clusters is relatively thin. Structurally, the current accumulation pattern is constructive, but its strength is still insufficient, and clear upward momentum signals have not yet formed.

[Analysis: Bitcoin at Lower End of New Buyer Cost Basis Range, Upward Momentum Unclear]On March 29th, Glassnode stated that Bitcoin is currently at the lower boundary of the new buyer cost basis range ($60,000 to $70,000). Supply accumulation within this price range is noticeable, but compared to historical precedents that drove strong recoveries, the density of current coin clusters is relatively thin. Structurally, the current accumulation pattern is constructive, but its strength is still insufficient, and clear upward momentum signals have not yet formed.

Analysis: Bitcoin at Lower End of New Buyer Cost Basis Range, Upward Momentum Unclear

#POLICY
1. ASIC's Longo pledges action against certain "high-risk" crypto products;
2. New "crypto token regime" instituted at the Dubai International Financial Centre;
3. UK powers will regulate crypto ads approved by lawmaker committee.

#CRYPTOCURRENCY 
1. Glassnode data shows 14% of Bitcoin supply has been redistributed since July 2022;
2. Aptos processes nearly 10 million transactions last week;
3. Sui launches 3 new payment transaction types Pay, PaySui and PayAllSui;
4. ApeCoin DAO has voted passing for bug bounty program;
5. Over 340,000 addresses bought 63.7 billion DOGE at an average price of $0.09;
6. Sui name service has been launched on Sui Network.

#NFT 
1. NFT company Dapper Labs lays off 22% of staff;
2. Game of Thrones NFT collection will be released by Warner Brothers;
3. Sotheby's auctions 5 " Bored Ape Yacht Club" BAYC NFT;
4. RSS3 will help Arweave achieve cross-platform display of NFT information on Instagram;
5. Web3 browser Opera is offering new NFT analytics tool;
6. Animal Concerts launches NFT series "A Hard Working Man;"
7. Revolut chat function will integrate NFT profile pics, CEO Storonsky says.

#METAVERSE
1. BAYC owner Yuga Labs said metaverse NFT open standards coming "very soon."

#DEFI
1. Skyward Finance exploit results in $3 million loss.

#FUNDING 
1. Token Flow raises $12m in Series A funding to expand its blockchain data platform;
2. Bluejay looks to raise $5m to mint SG stablecoins;
3. Standard Chartered joins Partior as founding partner with strategic investment.

#WEB3
1. WalletConnect raises $12.5 million ecosystem round to build out a Web3 communications network;
2. Web3 gaming unicorn Mythical Games loses three top executives.

#OTHER
1. JPMorgan executes its first DeFi trade using public blockchain;
2. Musk plans to eliminate half of Twitter jobs to cut costs;
3. Cathie Wood loads up on over $7 million worth of Block and Robinhood shares;
4. Valor's net sales rose to $339 million as of Oct. 31.

Detail

【Huobi Global Daily】#POLICY
1. ASIC's Longo pledges action against certain "high-risk" crypto products;
2. New "crypto token regime" instituted at the Dubai International Financial Centre;
3. UK powers will regulate crypto ads approved by lawmaker committee.

#CRYPTOCURRENCY 
1. Glassnode data shows 14% of Bitcoin supply has been redistributed since July 2022;
2. Aptos processes nearly 10 million transactions last week;
3. Sui launches 3 new payment transaction types Pay, PaySui and PayAllSui;
4. ApeCoin DAO has voted passing for bug bounty program;
5. Over 340,000 addresses bought 63.7 billion DOGE at an average price of $0.09;
6. Sui name service has been launched on Sui Network.

#NFT 
1. NFT company Dapper Labs lays off 22% of staff;
2. Game of Thrones NFT collection will be released by Warner Brothers;
3. Sotheby's auctions 5 " Bored Ape Yacht Club" BAYC NFT;
4. RSS3 will help Arweave achieve cross-platform display of NFT information on Instagram;
5. Web3 browser Opera is offering new NFT analytics tool;
6. Animal Concerts launches NFT series "A Hard Working Man;"
7. Revolut chat function will integrate NFT profile pics, CEO Storonsky says.

#METAVERSE
1. BAYC owner Yuga Labs said metaverse NFT open standards coming "very soon."

#DEFI
1. Skyward Finance exploit results in $3 million loss.

#FUNDING 
1. Token Flow raises $12m in Series A funding to expand its blockchain data platform;
2. Bluejay looks to raise $5m to mint SG stablecoins;
3. Standard Chartered joins Partior as founding partner with strategic investment.

#WEB3
1. WalletConnect raises $12.5 million ecosystem round to build out a Web3 communications network;
2. Web3 gaming unicorn Mythical Games loses three top executives.

#OTHER
1. JPMorgan executes its first DeFi trade using public blockchain;
2. Musk plans to eliminate half of Twitter jobs to cut costs;
3. Cathie Wood loads up on over $7 million worth of Block and Robinhood shares;
4. Valor's net sales rose to $339 million as of Oct. 31.

Huobi Global Daily

Article

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Iran Claims Destruction of Two US Military Tankers

Iran Claims Destruction of Two US Military Tanker Aircraft

BTC fell below 67000  USDT

Huobi Global Daily

Descargo de responsabilidad：El contenido anterior no representa las posiciones de HTX.，HTX no ofrece ninguna recomendación de trading.。

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