📊 Cryptocurrency Market Brief | 2025.8.20
Summary
The market is in a capital consolidation phase, with Bitcoin potentially retracing to $110,000 in the short term for a shakeout, but the long-term trend remains bullish, with a low probability of dropping below $98,000. Ethereum has support in the $3,900–$4,000 range, presenting short-term long opportunities. The author emphasizes focusing on spot trading, avoiding high leverage, and maintaining patience with holdings. Dogecoin is viewed positively in the long term. The overall outlook is optimistic, with opportunities still available in the latter half of the bull market.
Highlights
📊 Market capital amounts to approximately $4–5 billion, still in a consolidation phase
🔥 BTC may test $110,000 in the short term, but the overall bullish structure remains unchanged
💡 $98,000 is a key support level; a drop below could signal a bear market
🚀 ETH has swing opportunities in the $3,900–$4,000 range
⚠️ It is recommended to focus on spot trading and avoid excessive leverage
Key Insights
📉 The market has not reached the $10 billion capital confirmation line; the trend remains unclear
🔄 BTC shakeouts are a normal occurrence in bull markets; repeated testing of support helps build a bottom
📈 BTC daily chart maintains a bullish arrangement, with a healthy long-term trend
💡 ETH retracement of 15–20% has clear support, making short-term long positions feasible
⚠️ Control leverage and position size to avoid emotional trading
🌐 Technical and capital factors are more valuable than news factors for reference
