2025.3.9 Market Analysis

Bitcoin Daily

Resistance Level around 88000

Support Level around 85000

Yesterday, Bitcoin had a maximum rebound to around 86897 and a minimum pullback to around 85218, with fluctuations not exceeding 2%. It's very normal for small fluctuations over the weekend. Today, the fluctuations during the day are also unlikely to be too large, but there may be a rebound in the evening. If the price pulls back to near the support level today, a long position can be taken, but don't take too large a position. Tomorrow morning the weekly line will close, so pay attention to whether the closing price is above 85000. If it falls below 85000, it will still be a bit dangerous. Brothers holding long positions shouldn't be greedy; remember to take profits when you have them, and be quick in and out. Overall, the market is still dominated by oscillation. Wishing all brothers a happy weekend.

Ethereum Daily

Resistance Level around 2320

Support Level around 2100

Yesterday, Ethereum's maximum was around 2234 and minimum pullback to around 2100, with fluctuations exceeding 5%. Ethereum's volatility is still greater than that of Bitcoin. Traders can choose to trade Ethereum more often. The daily chart of Ethereum shows a trend of forming a golden cross. Daytime fluctuations may not be too large, but there is a high probability of a rebound in the evening. The trading strategy for Ethereum is to go long on dips; every pullback of Ethereum is an opportunity to go long. Whether it's a long or short position, remember to take profits and not be greedy, as Ethereum is also consolidating sideways. As long as it doesn't fall below 2000, it's fine. Wishing all brothers a happy weekend.

The above information is for reference only and does not constitute investment advice.