Market Analysis on August 8, 2025
Good morning everyone, I have returned to a normal routine.
The performance of Bitcoin (BTC) has begun to show signs of a rebound after being stimulated by yesterday's news, with the major target remaining unchanged at 128,000-134,000 as the endpoint of this bull market, which has been predicted since two years ago, and we are one step closer to the target.
Currently, the biggest resistance for Bitcoin is at the 120,000 level. As long as it stabilizes upward and holds above 120,000, it will accelerate towards the finish line. In the coming days, we will attempt to break through, focusing primarily on long positions, with short positions as a supplement.
Daily reference range: 118,500-116,000
Ethereum (ETH) has a strong upward trend, once again challenging the significant level of 4,000. As mentioned before, the target of 4,100 will experience some fluctuations; it has already been fluctuating for over twenty days. After a steady breakthrough, the next target after breaking the historical high is 5,200-5,600. This is the predicted endpoint for this round.
Daily reference range: 3,950-3,785
Important Reminder: Day trading emphasizes a fast pace; do not hold positions and turn short-term trades into long-term ones, as this would lose its meaning and continuously increase risk.
The above is for reference only; please treat it with caution. #比特币流动性危机