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#Recent Market Analysis March 25 Market Analysis
Bitcoin is currently testing the upper channel resistance at 87,000, with the daily line maintaining a breakout structure. Currently, caution is required regarding the risk of a pullback. This round of rebound from the low point has lasted for 14 days, with a medium-term expectation of a 20-day cycle and a volume target of 20,000. It is recommended that holders strictly adhere to the 90,000 stop-loss line and wait for the market to choose a direction. If there is a significant breakout above the 90,000 mark in the short term, it will open up a new round of bullish potential.
It is worth noting that: as BTC ETF funds warm up, ETH is still being sold off by major players from BlackRock, with a weekly reduction of 50,000 coins, halving compared to the previous period, which may release panic sentiment and signal a bottom.
Today, the cat 🐱 is always shorting Bitcoin at 88200, having already gained 1500 points.
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