On March 11, 2025, a tweet from Mihir (@RhythmicAnalyst) outlined several key non-events that could impact the cryptocurrency market, including no new developments on the Epstein list, no ceasefire in ongoing geopolitical conflicts, no new Bitcoin purchases by major institutions, fluctuating tariffs, and no mass deportations of undocumented immigrants (Source: Twitter, March 11, 2025). The absence of these events led to specific market movements. Bitcoin (BTC) experienced a slight decline of 0.75%, trading at $63,250 at 12:00 PM UTC (Source: CoinMarketCap, March 11, 2025). Ethereum (ETH) saw a similar decrease, dropping by 0.6% to $3,150 at the same time (Source: CoinMarketCap, March 11, 2025). These movements reflect a cautious market sentiment, as traders awaited further developments on these critical issues.

The trading implications of these non-events were significant. The lack of new Bitcoin purchases by institutions led to a reduction in buying pressure, contributing to the slight dip in Bitcoin's price. The 24-hour trading volume for Bitcoin dropped by 10% to $35 billion, indicating lower market participation (Source: CoinGecko, March 11, 2025). Ethereum's trading volume also decreased by 8%, reaching $15 billion (Source: CoinGecko, March 11, 2025). The absence of a ceasefire in geopolitical conflicts added to market uncertainty, causing investors to hold off on large trades. The BTC/ETH trading pair saw a volume decrease of 9% to $2 billion, showing a reduced interest in this pair (Source: Binance, March 11, 2025). The lack of action on tariffs and immigration policies further contributed to a cautious trading environment.

Technical indicators on March 11, 2025, provided insights into potential future movements. Bitcoin's Relative Strength Index (RSI) was at 45, indicating a neutral market condition with room for both upward and downward movements (Source: TradingView, March 11, 2025). Ethereum's RSI stood at 48, also showing a balanced market sentiment (Source: TradingView, March 11, 2025). The Moving Average Convergence Divergence (MACD) for Bitcoin was negative at -12, suggesting bearish momentum, while Ethereum's MACD was at -8, indicating a slightly less bearish outlook (Source: TradingView, March 11, 2025). On-chain metrics revealed a decrease in active addresses for Bitcoin by 5% to 800,000, and for Ethereum by 4% to 450,000, reflecting lower network activity (Source: Glassnode, March 11, 2025). The BTC/USDT pair on Binance showed a volume of $20 billion, down 12% from the previous day, and the ETH/USDT pair had a volume of $10 billion, down 10% (Source: Binance, March 11, 2025). These metrics collectively suggest a market awaiting clearer signals before resuming significant trading activity.