
JiaMiYing|Mar 25, 2025 08:18
BTC: As of March 25, 2025, the current price of BTC is $86500; On a daily basis, a "small bullish candlestick" was closed yesterday, with a significant increase in trading volume compared to previous days. On chain data shows an increase in turnover rate, which is closely related to both the increase in trading activity on weekdays and the flow of funds after price increases. The high point of $88700 attracted many short-term players to take profits and leave. The flow of funds has intensified, and market sentiment is playing a game between optimism and caution. On a macro level, Trump's statement on the evening of March 24th injected variables into the market. He said that the reciprocal tariffs that came into effect on April 2 "will not be too strict", easing inflation concerns, and once again calling for the Federal Reserve to cut interest rates, stimulating the recovery of sentiment in the US stock and cryptocurrency markets. However, we still need to be vigilant about the repetitiveness before policy implementation. Overall, after hitting $88700 last night, Bitcoin encountered resistance and then slightly fell back. Currently, it is still above the 30 day moving average, and the overall trend has not been lost. Madman believes that after a brief adjustment, there is still room for an upward rebound in the future market. However, the current trend is more inclined towards a rebound rather than a complete reversal, and the resistance zone above $93000 still requires more funding to overcome. Therefore, it is recommended to refer to the clearance range of 93000-97000 to lock in profits, which is a wise move.
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