Release Time: 10:00 AM, March 2025
Issuer: Ms. Jenny
The market continues to adjust with a small base, testing the 1,320-point support area near MA(20). Liquidity declines, funds remain cautious, and investors take a wait-and-see approach amid ETF restructuring, but supply has also cooled down. Despite its weak performance, the market is still supported at 1,320 points, successfully testing MA(20), signaling a potential recovery and a challenge to the 1,340 – 1,350 resistance zone. Supply and demand in this period will significantly impact market trends.
Last Friday (March 21, 2025), the US stock market showed a slight recovery after four consecutive weeks of decline. The S&P 500 rose 0.08% to 5,667.56 points, the Nasdaq increased 0.52% to 17,784.05 points, and the Dow Jones climbed 0.08% to 41,985.35 points. Despite these gains, concerns over the economy, inflation, and trade tensions continue to pressure investors, making them more cautious.
On the international market, gold prices have experienced some fluctuations but generally remain above $3,000 per ounce. This indicates that the bullish trend has not shown signs of significant weakening at this time.
Oil prices remain in a sideways consolidation phase. In the short term, a downward trend is observed. Selling positions could be considered today. Daily resistance level: $68.43
The global Bitcoin market showed signs of recovery on Sunday, March 23, surpassing the $86,000 level after a consolidation phase. However, uncertainty still dominates the crypto market, with mixed opinions on the next price movement.