Night Market Analysis

For Bitcoin ( #BTC# ), the key level to monitor overnight is 83,500. If the 4-hour chart maintains stability above this level, the market is likely to sustain its rebound. Key resistance levels to watch are 85,120, 86,450, and 87,500. However, if the 4-hour price fails to hold above 83,500, it suggests that the rebound momentum is weakening, and further decline may follow. Important support levels to note are 82,360, 81,320, and 79,900, with 82,360 being the lower boundary of the 4-hour horizontal consolidation range.

For Ethereum ( #ETH# ), the critical level to focus on overnight is 1,905. If the 4-hour price remains above this point, the market is expected to continue its recovery. The key resistance levels to watch are 1,956, 1,988, and 2,020, with 1,956 marking the upper boundary of the daily horizontal range. Conversely, if 1,905 fails to hold, it indicates limited rebound strength, potentially leading to further declines. Support levels to keep an eye on are 1,870, 1,838, and 1,807, with 1,870 representing the bottom of the 4-hour horizontal range.

The market is expected to remain relatively stable over the next few days, but significant volatility could emerge on Wednesday night. At 2 a.m. on Thursday, the Federal Reserve will announce its interest rate decision, followed by a speech from Chairman Jerome Powell. Historically, major market fluctuations tend to occur following such announcements and key economic data releases.

#Stablecoins Surge# #BTC Price Trend Analysis# #Fed's March Rate Decision#