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Analysis of BTC/ETH market at 9:50 AM on 3/18/2025
In the past 24 hours, 1.3 billion CNY went up in smoke, 89552 people went bankrupt and returned to zero. Last night, the bulls were still stronger, and the fallback was weaker. The conservative point did not provide an opportunity to enter the market. The week started with narrow fluctuations within the range. Today, the temporary low-long and high-short strategy is still available!
BTC focus
Support 80350/78425/77000
No pressure is temporarily set
ETH attention
Support 1775/1715/1640
No pressure is set for the moment
The purpose of not setting pressure here is the super central bank week this week. In the case of large market fluctuations, some positions will be distorted. The reason for supporting my words is that the market itself has been continuously falling for 1-3 months, so there is a need for a rebound. From a short- to medium-term perspective, the support level given is lower than 1835/82000 key points, because the market has been oscillating in the current range for several days. Before the next wave of market trends begins, it will definitely need to plunder the liquidity in this range, so it is easy to suddenly break through and complete the harvest rapidly when everyone is not paying attention and relaxing their vigilance!
So we must always respect the market, never be careless!
Operate the band on the space immediately after running, continue to wait for the monthly level in the long run, and the intraday contract super short-term line gives the opportunity to take profit with a stop loss!
#GT