March 21, 2025 Market Analysis

Bitcoin Daily

Resistance near 87000

Support near 83000

Bitcoin's highest rebound yesterday reached around 87453, while the lowest pullback was around 83655, with fluctuations exceeding 4.3%. The daily level is still golden cross. Today, we will look at the strength of the rebound, with the resistance level set at the lifeline near 87000, leaving room for further increase. Bitcoin remains in a volatile market. One must not be greedy; remember to take profits when there is a gain. Today's support is set near 83000, which broke below our provided support level yesterday, slightly exceeding expectations. Wishing the brothers a happy and joyful Friday.

Ethereum Daily

Resistance near 2100

Support near 1950

Ethereum's highest rebound yesterday reached around 2067, while the lowest pullback was around 1952, with fluctuations exceeding 5.6%. The volatility is still greater than that of Bitcoin, and the support level given yesterday near 1950 was confirmed as yesterday's lowest pullback reached 1952, aligning with our expectations. The trading strategy for Ethereum is to go long on dips, as every pullback presents a buying opportunity. Ethereum is still mainly in a volatile trend, so whether going long or short, remember to take profits quickly and avoid large positions. Wishing the brothers a happy and joyful Friday.

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