
财经少华|Mar 21, 2025 04:49
The price of Bitcoin is currently facing a resistance range of $90000 to $92000. As long as the price fails to break through this critical region, the overall market may continue to be in a consolidation stage.
This viewpoint is based on the latest adjustment of economic expectations and monetary policy movements by the Federal Reserve, as well as observations of market structure and investor behavior.
The Federal Reserve lowered its economic growth forecast and slowed down the pace of reducing its balance sheet (QT) at its latest meeting. Although this measure did not reach the dovish level expected by the market, it still leans towards looseness. Powell downplayed the impact of the recent rise in inflation at the press conference and emphasized the stability of long-term inflation expectations, laying the groundwork for possible future interest rate cuts.
In addition, the analysis mentioned some upcoming events that may affect market sentiment, including Trump's expected tariff policy to be announced on April 2 and the US corporate earnings season starting from April 11. Until these events become clear, large investors may choose to wait and see. Meanwhile, the participation of individual traders is relatively low, and market structure indicators have not shown strong rebound momentum. Therefore, if Bitcoin cannot break through the pressure zone, it may be difficult to reproduce a broader bullish trend.
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