2025-08-24 Night Line

It's almost time to close, let's take another look

After SOL's pullback, it continued to rebound upwards, but there is a top-low pattern appearing on the 4-hour level. The high position low still needs to be watched. If it cannot close a 4-hour line above 209-210, the probability of a pullback to 199-200 will increase. This position is at a higher midpoint, and to enter long, either wait for a significant breakthrough (with volume breaking 209-210) or patiently wait for a pullback before entering. Do not open a position in the middle of the hill; it's hard to manage stop losses.

Tonight, Ethereum is really moving, several large BTC whales are selling BTC to switch to Ethereum, which has surged dramatically. If it can close once around 4820-4830, it could support a rise to about 4990. If it cannot, the probability of a pullback and re-consolidation around 4680-4690 increases.

Similarly, this position is not suitable for speculation. Either chase the long on a volume breakthrough, take a quick profit, or wait for a pullback. Opening a short at the top can only be a small position for trial and error.

Bitcoin is a bit awkward here. It's the weekend, and institutions are not buying. Currently, among the four major assets, we don't even need to consider BNB; it's super strong with three being bulls, but Bitcoin is stuck in a 4-hour downward channel. To return to bullishness, it needs to close above 1160 on a 4-hour basis; otherwise, it will remain within the 4-hour consolidation box. If it continues to pull back, a rebound should occur around 1140-1142. If institutions do not buy tomorrow and continue to sell, Bitcoin could see a low around 1117.

It doesn't make sense for three out of the four major assets to rise while Bitcoin falls on its own.

This is also something I've never seen before.

Altcoins are eager to follow Ethereum's lead, while Bitcoin is in an "independent bear market."

Let's observe the situation at 4 o'clock for the closing.