March 26, 2025 Market Analysis
Bitcoin Daily
Resistance Level: Around 89000
Support Level: Around 86000
Yesterday, Bitcoin rebounded to a maximum of around 88539 and retraced to a minimum of around 86310, with a fluctuation of only about 2.5%, which is considered normal. The daily closing was a doji, and the closing price was above the support line. If today it can retrace to around 86000, a long position can be taken. Of course, we also need to see if today and tomorrow's closing prices are above the support line. The trading strategy is to buy on dips, and when there is profit, remember to take it safely, don't be greedy. Wishing everyone a happy and joyful Wednesday.
Ethereum Daily
Resistance Level: Around 2150
Support Level: Around 2010
Yesterday, Ethereum rebounded to a maximum of around 2097 and retraced to a minimum of around 2037, with fluctuations of less than 3%, which is similar to Bitcoin. The daily closing price was also a doji and did not hit the support line at around 2150. Today, it will continue to challenge the support line at around 2150, which is also today's resistance level, with the support level set at around 2010. The trading strategy is to buy on dips; Ethereum is quite volatile, so position sizes must be well managed. Remember to take profits safely when available. Wishing everyone a happy Wednesday.
Ethereum Yesterday
The above information is for reference only and should not be considered as investment advice.