Market Analysis on March 27, 2025

Bitcoin Daily Chart

Resistance Level Around 89,000

Support Level Around 86,000

Yesterday, Bitcoin rebounded to around 88,275 at its highest and pulled back to around 85,860 at its lowest, with fluctuations around 2.7%. It perfectly pulled back to the 10-day EMA line before starting to rebound, which is similar to the support level we provided yesterday, aligning with our expectations. The closing price of yesterday's daily chart was also above the life line, so we will see the closing price today. If it is also above the life line, the trading idea would be to buy on the dip, as there is an upward trend. If the daily chart effectively breaks through the life line, the upward channel may open up. For those who are shorting, be cautious, remember to get in and out quickly, and don't be greedy; aim to secure your profits. Wishing everyone a pleasant Thursday.

Ethereum Daily Chart

Resistance Level Around 2,130

Support Level Around 1,950

Yesterday, Ethereum rebounded to around 2,079 at its highest and pulled back to around 1,981 at its lowest, with fluctuations exceeding 4%. Ethereum tends to have larger fluctuations compared to Bitcoin. The rebound strength yesterday was limited and did not meet our expectations. Today, it will continue to challenge the life line around 2,130. Compared to Bitcoin, Ethereum is relatively weaker, not even touching the life line. However, Ethereum can be quite volatile and may suddenly surge. Those holding short positions should be cautious of risks. Today's resistance level is set at around 2,130, and the support level is set at around 1,950. When there is profit, remember to secure it and not be greedy, especially for short positions, where it's essential to get in and out quickly or try to avoid shorting. Wishing everyone a pleasant Thursday.

The above information is for reference only and should not be considered as investment advice.