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Analysis of Bitcoin and Ethereum market on March 27: What to watch for BTC and ETH today

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Market Review

Yesterday, BTC maintained consolidation with a mild pullback, which was expected, keeping a healthy trend. The intraday expectation is to maintain oscillation, and you can follow up in the 85,000-86,000 range during the pullback. The long-term expectation remains intact, so maintain confidence.

The secondary market followed BTC's synchronous adjustment. Those who previously followed can continue to hold. There is a high expectation of continued growth after stabilizing at 2,000 during the day.

Altcoins followed the mainstream synchronous adjustment with limited fluctuations. Most cryptocurrencies are still oscillating at the bottom and beginning to stabilize, which can be considered for follow-up. The BSC chain's activity is increasing, so BSC ecosystem coins can be considered. Recently, new platforms on the chain worth paying attention to include Odin on the BTC chain and TIME on the SOL chain. New platforms bring new opportunities. You can join community groups to discuss together. For existing positions that are underwater, patiently wait for market recovery.

Today's Focus:

BTC's 1-hour and 4-hour levels are returning to healthy levels, and the daily level is also returning to a healthy level. The intraday expectation is for oscillation and consolidation. The long-term expectation remains intact. The intraday support is 85,000-86,000, with resistance at 88,000-88,500.

ETH's 1-hour and 4-hour levels are returning to healthy levels, and the daily level is also returning to a healthy level. The intraday expectation is for oscillation and consolidation. The intraday support is 1,950-2,000, with resistance at 2,100-2,150.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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