Market Analysis on March 13, 2025

Bitcoin Daily

Resistance Level Around 86300

Support Level Around 81500

Yesterday, Bitcoin rebounded to a high of about 84539 and a low of about 80607, with fluctuations exceeding 4.5%. The support level we provided yesterday was around 80500, which was basically in line with expectations. Our suggestion yesterday was to buy on dips, and those who followed should have made a profit. There is a trend of forming a golden cross at the 12-hour level, and we continue to be bullish today, with the resistance level set around 86300 and the support level around 81500. The market is still in a sideways consolidation phase. Remember to take profits when you have them and don’t be greedy. The trading strategy is to buy on dips; don’t hold too large a position, and be quick to enter and exit. Wish everyone a pleasant Thursday.

Ethereum Daily

Resistance Level Around 2040

Support Level Around 1850

Ethereum rebounded to a high of about 1960 and a low of about 1829 yesterday, with fluctuations exceeding 6.5%. The volatility is greater than that of Bitcoin, so it's important to use a small position when trading Ethereum, as it can be quite erratic. The support level we provided yesterday was around 1850, and the lowest point reached was about 1829, which was basically in line with our expectations, but the rebound strength was too weak, not even touching 2000. Ethereum is still weak and lagging behind. The trading strategy for Ethereum is to buy on dips, but don’t be greedy. Remember to take profits when you have them, and be quick to enter and exit, especially for long positions. Today's resistance level is set around 2040, and the support level remains around 1850. Wish everyone a pleasant Thursday.

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