March 18, 2025 Market Analysis

Bitcoin Daily

Resistance Level Around 86000

Support Level Around 83000

Yesterday, Bitcoin rebounded to around 84756 at its highest and pulled back to around 82450 at its lowest, with fluctuations not exceeding 3%. Although there was a rebound yesterday, it was relatively small, and the trading volume was insufficient. The support level given yesterday was around 82500, which basically met our expectations. From a daily perspective, there should still be a rebound, but the strength may not be too great. When it reaches the weekly resistance level, it may be appropriate to short. Overall, this week may first rise and rebound, then decline and correct. Whether it's a long or short position, remember to take profits; don't be greedy. Wishing everyone a profitable and joyful Tuesday.

Ethereum Daily

Resistance Level Around 2030

Support Level Around 1850

Yesterday, Ethereum rebounded to around 1953 at its highest and pulled back to around 1789 at its lowest, with fluctuations exceeding 3.8%. The rebound strength of Ethereum is still weak, and a golden cross has formed at the daily level. Let's see if this rebound can hold above 2000. If it can't rise above, there is still danger. Today's resistance level is around 2030 and the support level is around 1850. Ethereum is still mainly in a volatile market, and both long and short positions can be taken, but do not be greedy. Remember to take profits; wishing everyone a profitable and joyful Tuesday.

The above information is for reference only and should not be considered as investment advice.