2025.8.6 Early 9:30 BTC/ETH/SOL/DOGE Support and Resistance Analysis
That night, 2.4 billion CNY was liquidated, and 132,524 people went bankrupt! Monday showed slight improvement, but Tuesday saw another wave of rapid rises and falls, causing those eager to recover their losses to get liquidated again!
Yesterday's strategy review, ETH's first position at 3620 rebounded to create space, which was enough to take profits; those watching the live broadcast at a peak of 3650 entered the first position, and 3550 was set for additional purchases. This morning at 6:00, there was a precise dip to 3550, with an average price of 3600. The strategy from last night was to complete the position for opportunities to break even or take small losses/profits under three conditions, as two batches entered at 2%. For those who patiently set orders at 3550, it was all profitable. Last night's peak of 3650 for the first position was a trap set by a whale!
SOL hit 163.5 and averaged 162.75, with a morning peak of 164.55; there was only a $1.8 space, so those who hadn’t exited should patiently wait for opportunities to break even or make a small profit!
DOGE did not hit the first entry point of 0.192!
BTC was only $132 away from hitting the first entry point of 112450!
BTC focus
Support at 109500/107500
Resistance in the range of 114500 to 115500
The key point right now is to see if the pullback support at 112000 can be confirmed!
ETH focus
Support at 3425/3339
Resistance tentatively set at 3725
Last night, ETH's decline was smaller than BTC's; these two continue to support each other!
SOL support and resistance at 133/150/157/167/170-174
DOGE support and resistance at 0.1515/0.18/0.2/0.23/0.26
Operationally: Maintain consistency with yesterday's spot trading. If the monthly pullback continues to shuffle this month, pay attention to whether there are opportunities for a deep squat between the 13th and 18th. For some quality altcoins that have dropped to the year's previous low neckline, consider establishing a foundational position for the first entry!
Contracts focus on BTC/ETH/SOL/DOGE primarily, and altcoins can only play with strong new coins priced between $10-50!