Crypto Market Rally Pauses Amidst Inflation Data and Analyst Warnings.

The total crypto market capitalization has been battling resistance at the $1.2 trillion level, with Bitcoin gaining 0.3% and Ether posting modest gains of 1.6% during the lateralization period between March 20 and March 27. The Federal Reserve's change in monetary policy and regulatory risks have been competing forces for cryptocurrencies' narrow trading range near $1.18 trillion. However, derivatives data presents compelling arguments for a rally toward $1.35 trillion and a retest of the $1 trillion threshold. The recent rally appears sustainable from a derivative perspective, and bulls are well positioned to defend against future declines.