March 14, 2025 Market Analysis

Bitcoin Daily

Resistance level near 83300

Support level near 80000

Yesterday, Bitcoin rebounded to a high of around 84336 and fell to a low of around 80000, with fluctuations exceeding 5%. The price also rebounded to near the EMA10 line yesterday but then started to pull back and decline without breaking through. The rebound strength is not significant; Bitcoin is still in a volatile market. The decline yesterday exceeded expectations, and today's resistance level is set near 83300, with the support level at around 80000. Whether you are in a long or short position, remember to take profits and not be greedy. Be quick in and out; in a volatile market, take profits and don't hold too large a position. The trading strategy is to buy low, but make sure to exit quickly, as Bitcoin could drop sharply at any moment. Wishing everyone a happy Friday.

Ethereum Daily

Resistance level near 2000

Support level near 1800

Ethereum rebounded to a high of around 1923 yesterday and fell to a low of around 1821, with fluctuations also around 5%. The rebound strength is relatively weak, not even breaking the EMA5 line. Ethereum will also consolidate here for a while. Like Bitcoin, whether in long or short positions, remember to take profits. Today's resistance level is set near 2000, with the support level at around 1800. If today's market is not significant, the weekend market will be even smaller. The trading strategy is to buy low. Wishing everyone a happy Friday.

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