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Track real-time trends in the crypto world and seize the best trading opportunities. Today is Monday, March 24, 2025. I am Wang Yibo! Good with to all coin friends โ hardcore fans daily attendance ๐ Like and make a fortune ๐๐๐น๐น
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The curtain has been raised for the new week. After the weekend's fluctuations and consolidation, the Bitcoin market has now steadily climbed, showing strong performance, with an overall trend of oscillating upward. In the morning, Bitcoin began its journey from a low of 84719, and has since steadily risen, with bullish momentum firmly in control. As of now, the coin price is testing the resistance level around 86500. Based on the morning's pattern analysis, the coin price still has room to continue rising and test the previous high of 87500. This key level is not only the support level during the previous breakout but also a crucial defense point for the bulls. If the price can successfully stabilize above this support level during the pullback process, the market is likely to maintain an upward trend.
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The trend of the Ethereum market is quite similar. Ethereum has strongly rebounded from the support level of 1979, reaching a peak of 2020. with given the weakening buying momentum in the market, Ethereum has not been able to achieve further breakthroughs and has instead entered a relatively stable range-bound situation. Despite the bulls' efforts to push the price higher, the coin price has remained hovering around the middle track area, failing to release strong upward with Looking ahead, if it cannot maintain a stable position above the middle track, the market is likely to operate again in a wide range of fluctuations in the short term. In the 4-hour chart, the short cycle shows a strong with,,,,,