Cryptocurrency Market Analysis by Li Ying: August 20, 2025 Bitcoin (BTC) and Ethereum (ETH) Latest Market Analysis and Trading Recommendations
Current Bitcoin price is 113800. Li Ying has observed that Bitcoin is currently in a downtrend, with technical signals indicating weakened momentum and extremely low trading volume, with prices approaching a key support level of 112000. The bearish arrangement of moving averages combined with the evening star pattern forms a strong bearish resonance, further confirming that the market may continue its downward trend. However, Li Ying notes that the strength of the support level at 112000 is relatively high, and trading volume has not confirmed the price trend, indicating a dual possibility of a rebound or a break below support in the short term. Therefore, Li Ying suggests that the current market is in a downtrend with weakened momentum, prices close to the strong support level of 112000 but without confirming a rebound signal, while 118000 is a strong resistance level. A strategy of selling high near the resistance level is recommended, with the support level at 112000 and extremely low trading volume, showing a possibility of a short-term rebound, thus suggesting a strategy of buying low near the support level.
Price Predictions
Sell point at 117000, cover at 117500, stop loss at 500 points, target at 115000.
Buy point at 112500, cover at 112000, stop loss at 500 points, target at 116500.
Ethereum
Current Ethereum price is 4200. Li Ying has observed that the current ETH market is between key support and resistance levels, with technical signals presenting a mixed situation. Although a bullish engulfing pattern appears near the strong support level of 4050, indicating potential for a short-term rebound, the trading volume is extremely low, and prices remain below the short-term moving averages, showing weak market sentiment and no confirmation of the rebound signal. Considering the external environment, Li Ying notes that market sentiment is neutral and macro pressure is limited, leading to an overall environment that does not significantly drive price trends, further exacerbating the market's sideways characteristics. Finally, Li Ying suggests that the current market has entered a bearish phase, with a downward trend forming, and recommends a selling strategy near the pressure level of 4300. The support level is around 4050, while the bullish engulfing pattern suggests rebound potential, thus advocating a buying strategy near the support level.
Price Reference
Buy point at 4100, cover at 4050, stop at 50 points, target at 4250.
Sell point at 4300, cover at 4350, stop at 30 points, target at 4150.
