Huobi Global Market Analysis

03/25 10:34

BTC traded sideways during the day, paying attention to the breakthrough of 45000 above. According to data from the Huobi Global, TC continued to trade sideways during the day. In four-hour level of picture, the three EMAs are arranged in long side direction, the long side potential energy is strong, and the trading volume is relatively sluggish. In day level of picture, BTC continues to stay in the ascending channel, trading sideways at a high level near 44100 for a short time, paying attention to the breakthrough of 45000 above and the support of 42700 below. According to data from the Huobi Global, ETH continued to trade sideways at a high level during the day. In four-hour level of picture, the three EMAs are arranged in long side direction, with strong long side potential energy and relatively sluggish trading volume. In day level of picture, ETH has continued to stay in a steep ascending channel recently, pay attention to the breakthrough of 3200 above and the support of 3040 below. In terms of contracts, the data of Huobi Futures showed that the open interest of BTC futures remained stable. The volume decreased slightly, and the contract market was relatively inactive. The basis of futures contracts remained stable. The open interest of ETH futures contracts remained stable. The volume decreased slightly, and the contract market was relatively inactive. The basis of futures contracts remained stable.
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DisclaimerThe content above does not represent HTX's positions.HTX does not provide any trading recommendations.

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