25.03.202608:37 Forex Analysis & Reviews: Trading Recommendations for the Cryptocurrency Market on March 25

Bitcoin and Ethereum have quickly regained their positions after a slight pullback observed yesterday in the afternoon. As of now, Bitcoin has returned to $71,000, while Ethereum is trading at $2,168.

Meanwhile, as the market remains relatively calm, news has emerged that the New York Stock Exchange (NYSE), one of the oldest and most respected financial institutions in the world, is on the brink of a new era, actively exploring opportunities to integrate with digital technologies. In partnership with Securitize, a key player in the tokenized asset market, the NYSE is developing an innovative platform for the circulation of tokenized securities. This collaboration marks a significant step towards bridging traditional finance and decentralized technologies.

Securitize has established itself as a key partner in the tokenization space, demonstrating its expertise and leadership. The company is a main partner of BlackRock for the tokenized BUIDL fund, which has already proven to be the largest in its segment. Securitize's strong business ties also extend to leading crypto projects, including Uniswap, Ripple, BNB Chain, and Solana. This experience is actively shaping the infrastructure necessary for the seamless integration of tokenized assets into the crypto ecosystem and decentralized finance space. Integration with the NYSE promises to be a new milestone in the development of Securitize and the entire RWA market.

Regarding the intraday strategy in the cryptocurrency market, I will continue to base my actions on any significant pullbacks in Bitcoin and Ethereum with the expectation of continued development in the bull market in the long term, which has not disappeared.

As for short-term trading, the strategy and conditions are described below.

Bitcoin

Buy Scenario

Scenario 1: I plan to buy Bitcoin today when it reaches an entry point around $71,500, targeting a move to $72,200. At around $72,200, I will exit my purchases and sell immediately on the rebound. Before buying on a breakout, ensure the 50-day moving average is below the current price and the Awesome indicator is above zero.

Scenario 2: Bitcoin can also be bought from the lower boundary of $70,900 if there is no market reaction to its breakout back towards levels $71,500 and $72,200.

Sell Scenario

Scenario 1: I plan to sell Bitcoin today upon reaching an entry point around $70,900, targeting a decline to $70,100. At around $70,100, I will exit my sales and buy immediately on the rebound. Before selling on a breakout, ensure the 50-day moving average is above the current price and the Awesome indicator is in the zone below zero.

Scenario 2: Selling Bitcoin can also be done from the upper boundary of $71,500 if there is no market reaction to its breakout back towards levels $70,900 and $70,100.

Ethereum

Buy Scenario

Scenario 1: I plan to buy Ethereum today when it reaches an entry point around $2,179, targeting a move to $2,208. At around $2,208, I will exit my purchases and sell immediately on the rebound. Before buying on a breakout, ensure the 50-day moving average is below the current price and the Awesome indicator is above zero.

Scenario 2: Ethereum can also be bought from the lower boundary of $2,159 if there is no market reaction to its breakout back towards levels $2,179 and $2,208.

Sell Scenario

Scenario 1: I plan to sell Ethereum today upon reaching an entry point around $2,159, targeting a decline to $2,117. At around $2,117, I will exit my sales and buy immediately on the rebound. Before selling on a breakout, ensure the 50-day moving average is above the current price and the Awesome indicator is in the zone below zero.

Scenario 2: Selling Ethereum can also be done from the upper boundary of $2,179 if there is no market reaction to its breakout back towards levels $2,159 and $2,117.