2025.8.3 Early 9:24 BTC/ETH/SOL/DOGE Market Analysis
On this night, 2.65 billion CNY vanished into thin air, with 106,971 people going bankrupt to zero!
In the early morning, BTC hit a low of 111,950 twice, which is the upper track of BTC we often mention recently, and also the first support level from yesterday. ETH hit a low of 3353.4, also standardly hitting yesterday's first support level!
Yesterday, I only provided BTC with one unit, initial position 113,000, adding to the position at 111,750, aiming for a spike at 112,000, but missed by 100 dollars, with a low of 111,850. Sometimes it really feels targeted like this!
For Friday’s trades, those who reduced positions or exited on Friday evening should have seen the recent morning analysis videos from Brother Sao, which provided opportunities for breakeven small losses or small profits to exit. However, repeatedly standing still and passively getting hit is really not a good operation!
Those who didn’t run away during the break should have triggered stop losses in the early hours of Friday!
From weekend to Monday evening:
BTC support at 109,500/107,500, resistance at 114,500/115,500/116,411
At this moment, the key level is 111,960, continue to pay attention to the shrinking opportunity of the second test
ETH support at 3,100, resistance at 3,605/3,715
3,339-3,354 is a key area, consistent with BTC's 111,960!
SOL support at 147/133, resistance at 170-174
At this moment, 167 is a key point, a watershed for long and short!
DOGE support at 0.18/0.1515/0.13/0.114/0.1
For the above four, Dogecoin spot layout is that we can set these points in batches!
In operation: both long and short can be done, a drop is a good thing, it has risen for more than a month, constantly seeking spot opportunities, and now isn't the spot opportunity just around the corner?
The difference between the rich and the poor is not in how much money they have, but in their thinking, handling of matters, cognition, etc.!
Trading is the same; if you remain unchanged, then your outcome will never change, which has nothing to do with how much margin you have; the market is always changing, and the profit and loss plan for trading must be strictly executed!