The market has fallen sharply. Can the important events in March reverse the situation or exacerbate the panic?

Against the backdrop of the current market's deep fall, March is set to welcome several important events that may influence market trends. These events could become opportunities to reverse the market's downturn or further exacerbate investor panic.

First of all, multiple well-known projects will face large-scale token unlocks, with a total value exceeding $500 million. These unlocking events may bring significant liquidity pressure to the market, and investors need to remain vigilant.

Secondly, what draws significant attention is a massive sell-off amounting to $1.48 billion. This fund comes from the auction of a bankrupt exchange, involving the unlocking of 11.2 million native tokens from a certain public chain. Such a large-scale influx of tokens into the market will undoubtedly significantly increase liquidity risk in the short term.

In terms of technological development, a major public chain will undergo a hard fork upgrade. This upgrade aims to optimize network performance and is expected to drive the development of the entire ecosystem. This could inject some positive factors into the market.

Additionally, the Federal Reserve is about to announce a new round of interest rate decisions. Considering the cryptocurrency market's sensitivity to macroeconomic policies, this decision is likely to trigger market fluctuations.

In summary, these key events in March will have a significant impact on the cryptocurrency market. Investors should closely monitor the developments of these events and adjust their investment strategies in a timely manner to respond to potential market fluctuations.