2025-08-18 Nightline Supplement
Starting tomorrow, I will be going to Wutai Mountain, and I won't be able to send messages all day long.
So let's briefly discuss it now.
As long as the big pie is still above 117140, it remains moderately bullish.
Ethereum just touched the previous lower bound of the range at 4400. To maintain the bullish trend, it would be best to close above 4500 at 4 PM; at the very least, it should close above 4485-4490. Around 4550 is still a resistance level for it (the previous consolidation range has now become resistance).
For SOL, we will continue to observe the situation at 187, using this as the dividing line for bullish and bearish. Above 187 is moderately bullish; below 187 is moderately bearish.
The nightline on Sunday cannot keep declining. If it continues to decline from now until 8 AM when the daily line changes, we need to be cautious about the potential spike that could occur at 9 AM to 10 AM on the daily line.
Be sure to pay attention to the situation from the nightline to 8 AM.
Retail investors have very limited influence. BlackRock swept up so much inventory at the spike two days ago; let's see what their attitude will be tomorrow. A pullback is normal, and unless there is new bad news, a two-stage decline should not occur here.
For small price ranges, one 4-hour close can determine the short-term market; for significant key support and resistance, two 4-hour closes are needed for confirmation. Generally, a staged performance won’t last for 8 hours.