2025-08-18 Night Line
I fell asleep··· I hadn't slept since the day before yesterday around 4 PM until yesterday around 4 PM··· I ended up sleeping until 11:50···
Tomorrow I'm going to Wutai Mountain, and I expect to arrive in Shanxi by the afternoon, but that's okay. The Sunday night line will extend into Monday's daily line. If it doesn't drop tonight, the probability of tomorrow's daily line dropping is also very low.
No matter how the daily lines behave on Saturday and Sunday, just pay attention to Sunday night's line; I hope you reduced your short positions as previously advised, and I hope your long positions are still intact.
On the Ethereum side, the previous support at 4432-4453 has now become a resistance area. If it stands firmly above 4540, it will continue upward; let's see if it will form a double top or how it unfolds. The rise won't be that fast unless a new high is reached before the interest rate cut; otherwise, it should connect to a period of upward oscillation, or consolidate for a while in the 4500-4700 range.
4375-4389 has formed a new support range through consolidation. As previously mentioned, if it stands firmly above 4400, it will continue upward. I hope you have some positions in hand and not nothing at all.
On the Bitcoin side, as previously mentioned, it started to rise after standing firm at 117253. Currently, it is still within a consolidation range; the nearest upward position is 1191-1193. If it surpasses this, it will look at 120032, which are still previous levels. As long as it doesn't drop below 117140, it remains bullish.
For SOL, it also stands firm above 187, with the first target at 194-195 reached. The next targets are 201-202, 205-207, and 214-215. If it wants to return to the previous 220+, a separate positive news is needed. I remember that the ETF approval dates for the four tokens submitted earlier are in October; just keep this in mind. The four tokens, according to previous news, are still XRP, DOGE, LTC, and SOL.
The reason for no longer analyzing BNB is that there's nothing meaningful to analyze. If it drops, just buy. Starting from the previous high, as long as it aligns with the 4-hour pullback algorithm, just enter in batches.
What? Baby, did you forget the algorithm again? Take the recent peak and look down 6.5-9%, which is the support level for the 4-hour pullback. Start entering at around 6.5% for a relative bottom, and 9% is the 'absolute bottom' for the 4-hour pullback. If you want to bottom fish, how do you do it? Just like that. The premise is that this algorithm only applies to the four giants. Still can't? Just look at the BNB chart.
