2025.8.25 9:07 AM BTC/ETH Market Analysis
In the early hours of Monday, a large pin bar event erupted, plundering the market of 3.5 billion CNY, leading to 123,962 bankruptcies to zero!
Waking up from sleep, it was a scene of wailing and howling, so one must always respect the market. Large pin bars can happen at any time. If you always pursue trading opportunities at all times, you must endure the pain of pin bars. This is the reason why many people can profit countless times but end up wiped out by a single pin bar!
Over the weekend, our orders were safe, enjoying a peaceful weekend. The second coin didn't hit the first low buy position, while the first coin was $30 away from hitting the third low buy position. The first low buy position is 113650, the second low buy position is 111950. Entering the market at an average price of 112800, the highest rebound in the early morning was 113646, providing an $800 space to the first take profit level. For those who didn't run in the morning, should they run now to secure profits? Because we hit two low buy positions, profit protection requires an exit first, observe the market, wait for stabilization, and look forward to the next opportunity!
BTC Focus
Support 110450/109500
Resistance temporarily set at 116411
On Friday, following the new high of the second coin, we surged, and then on Saturday, we retraced to 114510 for a rebound. Early Monday saw a large pin bar, which plundered a significant amount of liquidity. The main reason for this plunder was chasing highs and lack of risk control, leading to poor resistance capability. Without resistance capability, the only outcome when risk arises is liquidation!
ETH Focus
Support 4107/3892
Resistance temporarily set at 5000
A historical new high has been reached, but 5000 is like a mountain. The key point to watch intraday is the 4729 level for resistance conditions, and we need to see if the 4492/4615 support can hold during a retracement!
In terms of operations: Contract opportunities focus on BTC/ETH/SOL/DOGE. For small altcoins, sell on rebounds without any hesitation. Future funds will only flow towards regulated directions and mainstream institutional targets. The kind of craziness where small altcoins are flooded might be a once-in-a-century occurrence!
Swing trading is still possible, but the overall pattern this year is something we can't even dare to imagine!
