Tuesday, August 19, 2025

In the current trend, after a round of adjustments, the price has been oscillating around the previous low points. This pattern is quite clear: the selling pressure above has not been fully released, and the buying strength below is not weak either. The market is temporarily in a stalemate between bulls and bears.

At this time, the most important thing to avoid is impulsive actions. Whether rushing to chase highs or blindly cutting losses, both can lead to falling into the trap of market fluctuations. From the daily chart, it is clearer that although there was a slight rebound after the price adjustment, it failed to hold above the key resistance level. However, the previously mentioned short-term support area has held.

This signal indicates that the current oscillation adjustment is within reason and also highlights the focus for upcoming operations. There is no need to pay too much attention to short-term fluctuations in price. It may be a more prudent choice to position long orders around the core support level below, waiting with a calmer mindset for the trend to become clear. #加密市场回调