March 25, 2025 Market Analysis
Bitcoin Daily
Resistance Level Around 89000
Support Level Around 85500
Yesterday, Bitcoin rebounded to around 88765 at its highest, and retraced to around 85519 at its lowest, with fluctuations exceeding 3.5%. It officially broke through the lifeline, closing above it. At this point, pay attention to the next three candlesticks. If the closing price remains above the lifeline, then the retracement is an opportunity to go long. If the closing price is below the lifeline, then beware of the risks. When trading, one must be adaptable, remember to take profits when there are gains, and secure your earnings. It's a good sign that the weekly chart has also broken through the lifeline, and the trading strategy is to buy on the dip. Wishing my brothers profitable trades and smiles.
Ethereum Daily
Resistance Level Around 2150
Support Level Around 2000
Yesterday, Ethereum rebounded to around 2104 at its highest, and retraced to around 1977 at its lowest, with fluctuations exceeding 6%. The volatility is much greater than that of Bitcoin. Ethereum did not touch the lifeline yesterday, and today it will continue to challenge the lifeline around 2150, with the support level set at around 2000. The trading strategy for Ethereum is to buy on the dip. Ethereum is quite volatile and tricky, so be sure to control your position well, don't be greedy, and remember to take profits. Wishing my brothers profitable trades and smiles.
The above information is for reference only and should not be considered as investment advice.