​Daily market review and thoughts: March 30th 🔥

#BTC (four-hour timeframe). 🪙

As expected in recent reviews, the liquidity below the $83,000 mark was affected by the decline.

At the same time, Bitcoin rebounded from the expected support zone around $81,700.

We think that buyers will have the opportunity to push the price in the near future, at least to the volume level of $84,500.

Along the line of the Balance Volume, there is also still a power reserve for an upward movement towards the nearest resistance.

With a successful assault of $84,500, the next target will be the lower limit of the Ascending Channel at around $86,300.

There will also be a dynamic resistance level in the form of an exponential moving average of the EMA 200 4 H, which increases the chances of a price rebound from this area.

Then we expect the price to return to the range of $81,700 — $84,500 with a downward exit from it to support around $77,000 — $78,000.

From here, we expect a new wave of instrument growth.

#ETH. 🔹

The consolidation of Ethereum above the trading level of $1,860 ended with a breakdown of the mark.

On a downward momentum, the asset tested the $1,800 mark, where buyers went on the offensive.

The signal for continued growth will be a return of the price above $1,860.

The total capitalization of digital assets has decreased by 1.05% over the past 24 hours, while the share of the main cryptocurrency has increased by 0.15%.

For Bitcoin, in the near future, we expect growth to the trading level of $84,500 with its possible breakdown, which will contribute to the recovery of market capitalization.