Financial Research Society – March 25, 2025
Bitcoin has rebounded above the life line on the daily chart and is currently undergoing a pullback adjustment. The daily line has broken through the middle Bollinger band, but the middle band still needs adjustment in terms of its shape. The four-hour chart has stabilized above the middle Bollinger band, indicating strength in the short cycle. The daily MACD and KDJ have formed a golden cross, while the weekly KDJ has reached the bottom shape, both indicating a transition from bearish to bullish trends. After the adjustment, the potential for another rebound is around 89,500.
Bitcoin's reference range for today:
Support levels: around 85,800, around 84,900, around 84,400
Resistance levels: around 87,500, around 88,500
Strong resistance at: around 89,500
Ethereum's reference range for today:
Support levels: around 2,041, around 2,013, around 1,985
Resistance levels: around 2,080, around 2,150
The four-hour chart for Ethereum has stabilized, with the daily chart showing bottom oscillation. Ino believes the daily life line is currently a key resistance level and is also following Bitcoin's upward movement. The recent rebounds of altcoins Ray and Cake that we have been monitoring have been quite good. The recent new issuance in BSC chain wallets will drive BNB's rebound, which is worth paying attention to.
