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Morning market review - Saturday, March 28, 2026

Technical analysis of 2 instruments with options data

Kacper MrukMarch 28, 2026Updated: March 28, 20261 min read
Morning market review - Saturday, March 28, 2026

Morning market review indicates a dominance of extreme fear, as reflected by the Fear & Greed Index level of 10. In the context of a stable Fed rate, which currently hovers in the range of 3.50-3.75%, investors anxiously await the upcoming FOMC meeting scheduled for the end of April. In today's analysis, we will take a look at two key instruments that may be particularly sensitive to current market sentiments and monetary policy decisions.

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Bitcoin - Daily Chart (D1)

Bitcoin - Daily Chart (D1)

Error generating D1 analysis for Bitcoin

Bitcoin - 4H Chart

Bitcoin - 4H Chart

Error generating H4 analysis

Bitcoin - 1H Chart

Bitcoin - 1H Chart

Error generating H1 analysis

Bitcoin - 15-minute chart

Bitcoin - 15-minute chart

Error generating M15 analysis

Bitcoin - Summary

Error generating summary

Ethereum - Daily Chart (D1)

Ethereum - Daily Chart (D1)

On the daily chart of Ethereum (ETHUSD), we observe a continuation of the downward trend that has been ongoing for several months. The price is currently around 2000 USD, which is a significant psychological level. Recent candles indicate an attempt to bounce, but the volume is relatively low. Key support is located around 1800 USD, while resistance can be identified at the level of 2200 USD. Overall sentiment remains negative, but there is potential for a short-term rebound.

Ethereum - 4H Chart

Ethereum - 4H Chart

On the 4-hour chart, we see an attempt to form a local bottom around 1975 USD. Recent candles indicate bullish pressure, but the lack of a clear breakout above 2000 USD may suggest further fluctuations in this area. Key resistance levels are 2050 USD, and support levels are 1950 USD. The trend is mixed, and investors may expect volatility in the near future.

Ethereum - 1H Chart

Ethereum - 1H Chart

The hourly chart shows the formation of a short-term uptrend. The price has broken above 2000 USD, but the volume is not convincing enough to confirm the sustainability of this move. Potential resistance is at the level of 2025 USD, and support is around 1980 USD. The situation requires further monitoring to confirm the direction of the movement.

Ethereum - 15-minute chart

Ethereum - 15-minute chart

On the 15-minute chart, consolidation is noticeable in a narrow price range between 1990 and 2000 USD. The recent bounce from the lower boundary suggests an attempt to attack higher levels, but the lack of a clear breakout may lead to further fluctuations. Key levels to watch are 2005 USD as resistance and 1985 USD as support.

Ethereum - Options data

Analysis of options on the ETF ETHA indicates a very bullish sentiment with a put/call ratio of 0.48. The dominance of open call positions relative to puts suggests bullish expectations among investors. Key call levels are at 16 USD, which corresponds to a 6.7% increase from ATM, while the strike at 18 USD suggests further upside potential. The maximum pain at 16 USD indicates a possible price target for the coming weeks. The options sentiment is clearly bullish.

Ethereum - Summary

Ethereum shows signs of a short-term rebound, but the overall trend remains bearish. Key levels are support at 1800 USD and resistance at 2200 USD. The options sentiment is bullish, which may suggest further attempts at growth. Key options levels support the growth potential to 16 USD on the ETHA ETF. The bias is mixed, with the possibility of a short-term increase while exercising caution.

Frequently Asked Questions

How to analyze trading instruments effectively?
Effective analysis combines technical analysis (charts, patterns, indicators) with fundamental analysis (economic data, news events). Understanding both short-term price action and long-term trends is essential.
How do Fed decisions impact markets?
Fed rate decisions affect all asset classes. Higher rates strengthen USD, pressure gold prices, and often weigh on stocks. The tone of Fed communication is often more important than the decision itself.

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