2025.8.21 Early 9:42 BTC/ETH Market Analysis
Last night, this wave of market wiped out 2.2 billion liquidity, resulting in 85,196 people going bankrupt. The aggressive entry point for BTC was 112,750, while the small nose at C's 0.2065 did not effectively trigger the stop-loss because it fell back and instead formed a bullish trend. Currently, it has also hit the first take-profit point of 0.212; the long position for SOL has been hanging for three days, with the lowest at 175.5, missing by 2 bucks to hit the first entry point of 173.5. DOGE's lowest was 0.2075, missing by one tick to hit the first point of 0.205. Fortunately, fortunately, in the end, we made a little profit, which is better than being in a flat position!
BTC Focus
Support 111,950/109,500
Resistance tentatively at 116,411/119,200
At this moment, the market has a bit of a short-term right-side trend on the 1h/15min level. Today's pullback should focus on going long and not short!
ETH Focus
Support 4,107/3,892
Resistance 4,492/4,729
Last night, those who bought in around 4,100 were excellent comrades, knowing to look for opportunities to go long near our 4,080-4,100 area instead of chasing short positions. This was also the thinking yesterday!
In terms of operations: focus on contracts for BTC/ETH/SOL/DOGE, with small altcoins as a supplement. Light positions, light positions, light positions are key!
For spot trading, you can pay attention to ETH/SOL/DOGE and other mainstream coins for more stability!