On March 25th, Wednesday morning, the market continued its oscillating consolidation pattern. Last night during the U.S. session, after testing the key support level at 62,500, it stabilized and rebounded, briefly reversing the weak trend. However, it faced resistance near 64,800 and pulled back, currently entering a narrow sideways correction phase. From the hourly technical perspective, the momentum of the second-tier coins' attack is gradually decreasing, with the KDJ forming a dead cross and diverging downward. In the short term, the bulls are slightly favored, and there is a possibility of testing the 62,500 support level again. The second-tier coins are moving in tandem with Bitcoin's weakness, but the rebound strength is insufficient, maintaining a generally weak oscillation pattern.
Suggestions Bitcoin: 64,500-65,200 range, target 62,500-60,000, break below targets 58,000 Ethereum: 1,870-1,910 range, target down to 1,810-1,760#比特币行情分析
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2.25 Morning
On March 25th, Wednesday morning, the market continued its oscillating consolidation pattern. Last night during the U.S. session, after testing the key support level at 62,500, it stabilized and rebounded, briefly reversing the weak trend. However, it faced resistance near 64,800 and pulled back, currently entering a narrow sideways correction phase. From the hourly technical perspective, the momentum of the second-tier coins' attack is gradually decreasing, with the KDJ forming a dead cross and diverging downward. In the short term, the bulls are slightly favored, and there is a possibility of testing the 62,500 support level again. The second-tier coins are moving in tandem with Bitcoin's weakness, but the rebound strength is insufficient, maintaining a generally weak oscillation pattern.
Suggestions
Bitcoin: 64,500-65,200 range, target 62,500-60,000, break below targets 58,000
Ethereum: 1,870-1,910 range, target down to 1,810-1,760#比特币行情分析