Will the market continue to pull back or rebound? 20250323

CN
4 days ago

Good evening, brothers!

Speaking of which, every Chinese person has an innate farming sentiment.

The small neglected area downstairs, the foam boxes on the balcony,

The green onions, garlic sprouts, cherry tomatoes, strawberries in the flower pots…

In short, a bit of soil can grow plants,

A bit of sunlight can cultivate a piece of land in the heart…

Cultivating oneself through farming, understanding the way through reading,

This carries the ideals of traditional scholars in self-cultivation and family harmony.

This tradition is not a rigid doctrine,

But teaches people to balance life and ideals—

Not to be lazy while working, not to be restless while studying,

"Farming and reading" conveys not just the habit of farming and studying,

But a diligent, down-to-earth, lifelong learning attitude towards life.

Spring is the right time, so let's "cultivate"!

Recently,

My wife also planted green onion seedlings in several empty flower pots at home,

Making cooking noodles much simpler.

……

Has Trump's tariff threat softened? Reports say that the reciprocal tariff policy on April 2 may be more "targeted."

According to CCTV news, the Trump administration launched a series of tariff policies intensively from the beginning, and concerns about the "Trump recession" have significantly dragged down the U.S. stock market.

Since Trump took office as President of the United States on January 20, as of the market close on March 19, the Dow Jones fell by 3.50%, the S&P 500 fell by 5.36%, and the Nasdaq fell by 9.57%. Meanwhile, the stock prices of the massive "seven tech giants of U.S. stocks" have also been declining recently. U.S. media reported on March 14 that in the past three weeks, the market value of the "seven tech giants of U.S. stocks" evaporated by $2.7 trillion.

BTC: On the 4-hour level, the price continues to stay below the middle band of the Bollinger Bands, with a generally average price trend.

On the daily level, the price continues to oscillate near the moving averages.

In summary, the support level is 84100, and the resistance level is 84600.

ETH: On the 4-hour level, the price continues to stay above the middle band of the Bollinger Bands, with a still healthy price trend. The price is close to the overbought area, so caution is needed for a market pullback, with a support level of 2000 and a resistance level of 2030.

LTC: The price continues to oscillate near the middle band of the Bollinger Bands, with a support level of 91 and a resistance level of 94.

BCH: The price continues to stay below the middle band of the Bollinger Bands, with a still weak price trend, a support level of 310, and a resistance level of 340.

That's all for now, good night!

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