Technical Analysis 2025-08-07

$BTC #BTC

Weekly Level: 【Mainly Short】

Pullback of the 6th wave in an upward trend, support at 100000;

// Waiting for the daily level to show a top pattern, short position to enter.

Daily Level: 【Mainly Short】

Price is at a critical point, waiting to choose direction, whether to end the upward trend and turn to a downward trend;

// Resistance at 116800, 120000

Intraday Level: 【Mainly Long with Short】

Oscillating slightly upward, resistance at 116900, 118700, support at 114300, 112800;

// Intraday small cycle, bulls are slightly stronger

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$ETH #ETH

Weekly Level: 【Mainly Long with Short】

Large range oscillation, resistance near 4000, support near 2785;

Daily Level: 【Mainly Short】

Pullback of the 4th wave in an upward trend, horizontal instead of falling, second upward exploration, mainly short;

// Pay attention to the area around 4000, if there are top signals, then can enter short.

Intraday Level: 【Mainly Long with Short】

Oscillating slightly upward, resistance at 3877, 3977, support at 3650, 3560;

// At this time, pay attention to small support at 3680, breaking below can further explore near 3320;