The cryptocurrency market updates from Red Sister on 3.25 (writing time 1:54) Analysis and trading advice for today’s Bitcoin (BTC):
The current price of Bitcoin is around 69000. After breaking below the middle band of the BOLL on the 2H chart, the price continues to form a pullback situation. The K line has moved to below the middle band and is close to the lower band position. The BOLL channel's upper and lower bands are in a contracting state, and the lower band’s upward posture has not changed successfully standing above 68000, which may continue to form upward support. The MACD red histogram is in a strong expansion process, with the DIF and DEA maintaining a dead cross opening trend. The KDJ three lines are diverging downwards close to the oversold area, and the RSI three lines are heading down towards 25, indicating that the short-term is still in a pullback stage. Red Sister suggests that going forward, it’s crucial to pay attention to the lower band in the 2H chart and the key support at the 68000 mark, where one may consider entering long positions. For upward movements, it’s advised to pay attention to the overlapping resistance zones of EMA10, EMA20, EMA30, EMA60, EMA80, EMA120, EMA160, EMA200, EMA250, and the middle band. Red Sister mentioned yesterday that the 4H channel is becoming parallel, and the upward space has not expanded, hoping everyone has not blindly chased longs at high levels! Similarly, the current market is approaching the lower band in the 2H chart. Although the strong bearish trend is apparent, Red Sister does not recommend chasing shorts at this position! Those who wish to go long need to wait patiently!

Today’s selling point share: ≥70100 light short, stop loss above 71400. Take profit at 69200-68300. If it breaks below 68000, one may continue holding;
Today’s buying point share: ≤68300 light long, stop loss below 67500. Take profit at 69100-69900. If it breaks above 70000-70500, one may continue up to around 71000;
There may be delays in article review and push notifications, the above level suggestions are for reference only, please grasp the trading timing yourself, and when entering, please prepare for risk control, do not operate with heavy positions! Thank you for reading!
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Thus, our journey in the cryptocurrency world begins to head towards a broader new starting point, and it is by no means the end, as the road is still long, and we must walk step by step! The cryptocurrency ocean is vast and boundless, filled with opportunities and challenges. I hope that in the future days, you will always maintain a thirst for knowledge and a spirit of exploration into the unknown. Remember, the cryptocurrency world is not just numbers and charts, but also about humanity, decision-making, and the art of the future. In investing, stay rational and calm, do not be swayed by short-term fluctuations, and view the market with a long-term perspective. Keep learning and enhance your professional competence. Knowledge in finance is constantly updating; only through continuous learning can one keep pace with the times and seize every opportunity. Dare to try and innovate. Do not fear failure, as every failure is an opportunity for growth. In the world of cryptocurrency, the brave often carve out their own territory. Finally, I wish you all shine on the cryptocurrency stage, achieving your value and dreams. Wherever and whenever, Red Sister cheers for you, looking forward to your wonderful performance. Red Sister wishes everyone smooth sailing on the cryptocurrency road and come back with a full load!
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