Tracking real-time hotspots in the cryptocurrency market and seizing the best trading opportunities. Today is Monday, March 24, 2025. I am Wang Yibo! Good morning, crypto friends! ☀️ Die-hard fans check in 👍 Like to make big profits 🍗🍗🌹🌹
[Bitcoin Market: Fluctuating Upwards, Challenging Key Levels]
The curtain has risen on a new week. After a weekend of fluctuations and consolidation, the Bitcoin market has now steadily climbed, showing strong performance, with an overall trend of fluctuating upwards. In the morning, Bitcoin started its journey from a low of 84,719, and then steadily rose, with bullish forces still firmly in control. As of now, the price is testing the resistance level around 86,500. From the morning's pattern analysis, the price still has room to continue rising and test the previous high of 87,500. This key level is not only a support level during the previous breakout but also a crucial defensive position for the bulls. If it can successfully stabilize above this support level during the pullback, the market is likely to maintain an upward trend.
[Ethereum Market: Rebound Followed by Fluctuation, Focus on Breaking Resistance]
The trend in the Ethereum market is quite similar. Ethereum rebounded strongly from the support level of 1,979, reaching a high of around 2,020. However, due to weakened buying momentum in the market, Ethereum failed to achieve further breakthroughs and instead entered a relatively stable range of fluctuations. Although the bulls are striving to push the price upwards, it has been hovering around the mid-range area without signaling a strong upward movement. Looking ahead, if it cannot firmly stay above the mid-range, the market is likely to operate in a wide fluctuation pattern again in the short term. In the 4-hour chart, the short cycle shows a strong bullish trend, with consecutive bullish candlesticks pushing the price to break through the upper band again. The focus in the future will be on the resistance situation in the previous 2,065 area. If it cannot effectively break upwards, a short strategy may be considered; if it can successfully break upwards, then a long position can be taken.
If you are feeling lost—don’t understand the technology, can’t read the charts, don’t know when to enter the market, don’t know how to set stop losses, don’t understand take profits, randomly increase positions, get stuck by bottom fishing, can’t hold onto profits, miss market opportunities… these are common problems for retail investors. But don’t worry, I can help you establish the correct trading mindset. A single profit is worth a thousand words; repeated failures are not as good as finding the right direction. Instead of frequent operations, it’s better to strike precisely, making each trade more valuable. If you need real-time guidance, you can scan the QR code at the bottom of the article to follow my public account. The market changes rapidly, and due to the timeliness of reviews, subsequent trends will be based on real-time layouts. I look forward to moving steadily forward in the market with you.
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