‌March 11 Bitcoin and Ethereum Market Analysis


      Currently, Bitcoin continues its rebound trend. After reaching around $72,000, it encountered resistance and pulled back, but no clear top signals have been indicated technically yet. If the support level at $69,000 is not effectively broken, there is still a possibility of forming a higher high.
      Ethereum's rebound strength is relatively average, and the expected catch-up rally has not materialized. In the short term, focus should be on the performance of the $1980–$2000 support zone. Specific trading actions should wait for stabilization signals after the price reaches this area.
    On the macro level, according to CME “Federal Reserve Watch” data, the probability of maintaining interest rates unchanged in March is as high as 99.4%. In the short term, macro policies have limited impact on the market, and the trend is more driven by technical structures.
BTC1.75%
ETH2.64%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin