Coin World reported that the ARK 21Shares Bitcoin ETF reached an unprecedented investment amount of $243.5 million on March 28, more than five times the usual amount. Data from Farside Investors shows that the average daily volume of the ETF has surged to more than four times, while BlackRock's Bitcoin ETF has attracted inflows of $323.8 million. Meanwhile, other cryptocurrency exchange-traded funds (ETFs) have also achieved moderate gains. Analysts believe that the focus on the immediate price trend of Bitcoin has overshadowed a more important trend: a large number of investors are pouring into the Bitcoin ETF market.

Market analysis:

BTC: Looking at the 4-hour chart, the price continues to stay above the Bollinger Band midline, indicating a strong trend.

On the daily chart, the price continues to stay above the moving average support, indicating a healthy trend.

In summary, the support level is at 70200, and the resistance level is at 70900.

ETH: Looking at the 4-hour chart, the price continues to oscillate near the Bollinger Band midline, with short-term market oscillations forming a bottoming pattern as the main trend. The support level is at 3560, and the resistance level is at 3590.

LTC: The price continues to stay above the Bollinger Band midline, indicating a healthy trend. The support level is at 92, and the resistance level is at 96.

BCH: The price continues to stay near the upper Bollinger Band, indicating a strong trend, but the market shows overbought conditions, suggesting a need for a short-term pullback. The support level is at 550, and the resistance level is at 590.

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