Track real-time trends in the crypto world and seize the best trading opportunities. Today is Tuesday, March 25, 2025. I am Wang Yibo! Good morning, crypto friends ☀ hardcore fan daily attendance 👍 Like and make a fortune 🍗🍗🌹🌹


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U.S. stocks opened higher and continued to rise overnight, with all three major indices closing up. The Nasdaq rose 2.27%, the S&P 500 climbed 1.76%, and the Dow Jones increased by 1.42%. Tesla surged nearly 12%, marking its largest single-day gain since November 7 of last year. Nvidia, Amazon, and Meta all rose over 3%, Google increased by over 2%, while Apple and Netflix gained over 1%, and Microsoft saw a slight uptick; Intel dipped slightly. AMD closed up nearly 7%, achieving its best single-day performance since February 2024. The crypto market rebounded across the board, with Bitcoin rising by 5%, testing the 88772 level at its peak. Ethereum also climbed nearly 5%, while TRUMP coin surged over 8%. According to on-chain monitoring data, nearly 100,000 people were liquidated in the past 24 hours. As we approach April, the reciprocal tariffs that Trump has loudly called for seem to be easing somewhat, but it remains to be seen whether Trump's statements today will bring the market back to a state of FOMO in the short term, as this recent decline was mainly due to tariffs. If tariffs are not as scary now, the impact on inflation may be limited, and Trump has again called for the Federal Reserve to cut interest rates; it is uncertain whether Powell will take notice.
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Bitcoin surged yesterday but quickly retraced after failing to break through the upper resistance last night, peaking at 88772 before returning to around 87000. Currently, it is under pressure from the resistance level at 89000, and after the pullback, the bullish momentum is weakening. The price is above the middle band and below the upper band, with a decrease in bullish volume, indicating initial signs of retracement space below. In the short term, the reduction in bullish volume may still be building momentum for a future attempt to break higher. There are two possibilities regarding the short-term trend prediction. On one hand, this might be the market adjusting to build momentum for a future breakout at higher levels. Often, before breaking key resistance levels, the market will go through a brief adjustment to gather strength for a more effective breakthrough. On the other hand, if the lower retracement space opens further before successfully breaking the key resistance level of 89000, the key support level to watch below could be around 85000. From a trading strategy perspective, if Bitcoin can stabilize above 86500 in the short term, bullish momentum still has the potential to push higher; conversely, if the price fails to hold above 86500, investors may consider a bearish strategy with a target towards 85000.
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Ethereum's price trend in the evening session has retraced from around 2100 to approximately 2070 after a period of upward pressure and fatigue. Overall, the Ethereum market is in a state of consolidation. This consolidation phase indicates that both bulls and bears are temporarily in a stalemate, and a clear trend direction has not yet formed. Looking back at yesterday's market, after a rise, it is a reasonable expectation for a certain degree of pullback during today's daytime session according to common market fluctuation patterns. When analyzing the market, it is crucial to pay attention to the strength of the pullback and the structure formed by price fluctuations. If the price does not effectively break below the key support level during the short-term adjustment process in the daytime, there is still a possibility for the market to rise again to the resistance zone. However, once the adjustment continues to break down, a pullback in the market is highly likely from the daily level view. In terms of upward price movement, Ethereum needs to strongly break through the key resistance level of 2104. If successful, the upper targets can be sequentially focused on 2120, 2150, and 2180. On the downside risk, if the price breaks below the support level of 2065, a pullback is highly likely to begin. At that time, the lower support levels can be sequentially looked at around 2020 and 1980.
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