🔥🔥🔥Recently, Trump's firm attitude on tariffs remains unchanged, leading to a sluggish market sentiment, with focus shifting to the February PCE inflation data to be released tonight at 20:30. This is seen by the market as the "ultimate verdict on whether the Federal Reserve will raise interest rates." Current data expectations have triggered a chain reaction, with the market anticipating PCE inflation to remain at 2.5%, while core PCE may surge to 2.7%, higher than the previous value of 2.6%. If the data remains strong, the market's expectations for interest rate cuts will be delayed, further suppressing Bitcoin prices; conversely, it will boost the market's rebound!


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🔥🔥🔥The Bitcoin market is showing a continuous downward trend with successive bearish candles, gradually entering a chronic consolidation phase. The price is slowly seeking new support levels as it dips, displaying a mild adjustment trend overall. From a technical perspective, the current market is in a narrow range around the key support level of 85000, with shrinking trading volume, indicating that both bulls and bears are cautiously observing the subsequent movements. The weekend is approaching, and with the monthly candlestick about to close, these are significant critical points. The recently mentioned tariff issues, based on Trump's previous stance on tariffs, may lead to a preemptive digestion of bearish impacts before the news lands, causing a decline that clears out the bullish liquidity below. Only then, when the negative news is fully absorbed, might we see the start of a new upward trend. As for the evening operations, there isn't much to analyze further; as the coin price continues to decline, all indicators point to bearish trends, so we should just go with the flow in our operations.
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Ethereum suddenly plummeted without any negative news, truly unable to rise again. It dropped sharply from the $2000 mark to around $1856. Coupled with continued net outflows of Ethereum ETFs, the market's confidence in the approval of Ethereum spot ETFs is waning, and everyone seems to be waiting for regulatory green lights. After being pressured at the rebound level of 2100, it faced pressure again around 2030 yesterday. The secondary high point coincides with the resistance of the Bollinger Bands' middle band, forming a suppression and retreat. Below, continue to pay attention to the low support around 1830; the gains and losses at this low point will determine the future market space. If it breaks lower, it will weaken, and if it doesn't break, it will continue to oscillate. The small cycle structure is oscillating with a slight bearish bias; currently, there is a rebound correction, but it does not affect the larger trend. In terms of operations, synchronize with the rebound correction and follow the short positions on Bitcoin.
TRUMP-2,11%
CORE0,35%
BTC-1,53%
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GateUser-2ac6668cvip
· 2025-03-28 20:43
Hold tight 💪
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