Financial Research Society ~ March 16, 2025

Today's Fear and Greed Index is 30, still indicating fear. The market has pulled back slightly after a rise, with the pullback being mild, and the four-hour chart is slowly stabilizing. Currently, the four-hour level has suddenly reached the middle Bollinger band and is above the four-hour lifeline, but is still under pressure from the daily Bollinger middle band; there remains a need for a pullback around 85,000. In the past week, whales have purchased over 60,000 BTC. Every time the price drops, there are large whales buying Bitcoin on the dips, which is also a signal that helps with rebounds.

Bitcoin's reference range for today:

Support Levels: around 82,800, around 81,800, around 80,400

Resistance Levels: around 85,000, around 86,100

Ethereum's reference range for today:

Support Levels: around 1,880, around 1,835, around 1,768

Resistance Levels: around 1,950, around 1,990

The market continues to maintain a four-hour level of volatility. With the positive influences, TON and BNB are strengthening, and SOL is slowly stabilizing near the weekly support level. Enuo believes that the public chain track is still applicable, and participating in the layout is more solid; it can be short-term focused. Key attention should be paid to Bitcoin's pullback; if the four-hour support holds effectively, it will be beneficial for the subsequent rebound. The daily resistance level needs to be broken through several times, so patience is required in this volatile market. #比特币反弹 #Telegram创始人获准离开法国 $BTC $ETH