Good evening, brothers!
The roadside is piled with fallen camphor leaves,
A vibrant red patch shows no signs of withering,
While the tree displays a transparent new green…
This cycle of old and new is so silent,
That people mistakenly believe it never withers…
We are always chasing new life and abundance,
Yet often forget,
It is those silently fallen old leaves,
That nourish the next season's greenery,
Perhaps all the losses and gains in this world,
Are originally a secret cycle.
Reject anxiety,
Enjoy the present,
Make sure to keep yourself happy every day,
That's the most important thing.
……
Goldman Sachs has once again raised its gold price target, mainly due to ETF inflows and central bank gold purchasing demand exceeding expectations.
On March 26, Goldman Sachs analysts Lina Thomas and Daan Struyven released a report, raising the 2025 year-end gold price forecast from $3100 to $3300, adjusting the forecast range to $3250-$3520.
Recently, gold prices have surpassed $3000 per ounce. Goldman Sachs pointed out that catalysts include news of potential tariffs the U.S. may impose on the EU and market attention on the so-called "Mar-a-Lago Agreement" framework, leading to a rebound in speculative positions.
BTC: On the 4-hour level, the price has fallen below the middle band of the Bollinger Bands, indicating a weakening short-term trend.
On the daily level, the price remains oscillating near the moving averages.
In summary, support level at 87100, resistance level at 87400.
ETH: On the 4-hour level, the price continues to stay below the middle band of the Bollinger Bands, with the short-term trend still weak, support level at 2020, resistance level at 2040.
LTC: The price continues to stay above the middle band of the Bollinger Bands, with the price trend still healthy, support level at 92, resistance level at 96.
BCH: The price has fallen below the middle band of the Bollinger Bands, indicating a weakening short-term trend, support level at 320, resistance level at 340.
That's all for now, good night!
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