Track the real-time hot spots in the currency circle and grasp the best transaction opportunities, today is Sunday, March 16, 2025, and I'm Wang Yibo! Good ☀ morning, coin friends, iron fans, check in 👍, like, and make a fortune 🍗🍗🌹🌹

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During the weekend, the overall trend of bitcoin continued to be range-bound, and market sentiment fell into a slump again. The short-term market shows obvious shock characteristics, and the operation strategy is more suitable for high altitude and low altitude. Judging from the daily chart, the price closed out of the small white line yesterday, but the market failed to achieve an upward breakthrough, and the long and short sides gradually fell into a stalemate. It is expected that the intraday market will remain range-bound. In terms of the one-hour level pattern, if the market wants to start the one-hour level rise, pulling orders often occur in an instant. Here's a special reminder that before the pressure level is reached, try to avoid opening short orders. Investors with long positions should pay close attention to the support level below at 83500. As long as the one-hour K-line close does not fall below this position, there is a possibility of pulling the market, once it breaks through the pressure level of 85200, it will directly hit the range pressure level of 86500 - 87500. It should be noted that if the four-hour K-line closes below the defensive support level of 83500, then the pull is not expected to be established, and those who hold long positions can choose to leave the market, because at least at the four-hour level, the market will likely start a second test of the support level below the range of 81000 - 80000.

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Ethereum carried out small structural fluctuations around the 1900-1960 range throughout the day, and there were no large spatial fluctuations. From the current structural analysis, compared with the previous two days, there has been a certain degree of improvement, but it is still trapped in the four-hour shock range and has not yet achieved an effective breakthrough. According to the trend, the price of Ethereum is expected to touch 2000 in the next two days. However, it should be noted that when you first touch this position, it is likely to be difficult to gain a foothold. The focus should be on the pressure above 1960 at the four-hour level, where price is expected to move towards 2000 in the event of a successful breakout. The frequent occurrence of the long upper and lower shadows during the day is a typical manifestation of the fierce competition between the bulls and bears, which means that there is a lack of sustained upward momentum in the short term, and it is currently in a relatively balanced state. However, indicators at the daily level are still below healthy levels. Based on the above situation, it is more likely that Ethereum will maintain a consolidation trend during the day.