Morning Thought Sharing on August 22, 2025
Bitcoin and Ethereum are currently both in a downward channel, and the midnight price has also approached previous lows. There are numerous cases of wide channel reversals, just as we've mentioned over the past week: based on positional feedback, make good right-side layouts so that you won't panic excessively or feel lost.
Suggestion
Bitcoin southbound to around 111870-110520, then northbound, targeting around 114600-115700.
Ethereum southbound to around 4160-4025, then northbound, targeting 4340-4400; if it stabilizes, look at 4500. #btc #eth