🥬8.25 Daily Market View.🥬
$BTC Viewpoint:
The big pie broke through 113508 with volume, closing above the 113508 hourly level, chase long on the right side, and set a stop loss if broken.
112891 with volume broke down, unable to recover on the rebound, chase short on the right side, recover stop loss, pay attention to changes in volume, and set a good stop loss.
112088 shows a false breakdown, recover one more hand, set a stop loss at the low of the false breakdown or if breaking 110829, if not recovered don't go long.
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The big pie has broken through and stabilized at 113571, looking upward at 114769-115668; to rise, it must break through 113571.
When shorting the big pie, pay attention to the upper 115668 for a 2b false breakthrough, short one hand, and set a stop loss if it stabilizes above 116812.
Conservative players wait: long at 110556, stop loss if breaking 109790.
Speaking through the chart: in the early morning, the big pie dropped sharply again to a new low, but this pin's lower shadow is very long, indicating that whether it's an upward or downward pin, the longer the shadow, the more it signifies a short-term top or bottom.
The pin dropped in the early morning is likely to clear the bullish liquidity below; once cleared, it will quickly return to operate above 112000. If it wants to continue to fall, 112000 cannot be recovered so quickly. The big pie is currently forming an arc top plus a cup handle pattern; as long as the cup handle is not broken, it will not continue to fall. The big pie must break through 113561 and the yellow trend line to start rising; 114700 has once again become resistance. If it can't break through the 114700 resistance level, it will still come back to test 113561.
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Upper pressure 113571-114769-115668
Lower support 112318-111582-110812
4-hour level 112069 broken down looking at 110828-109746.
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$ETH Thought:
The second pie broke through 4772 with volume; chase long on the right side, recover stop loss.
4734 with volume broke down, chase short on the right side, set a good stop loss.
Pull back to 4665 to confirm support valid, add one more hand; set a stop loss if breaking 4619.
The second pie has stabilized at 4778 looking upwards at 4826-4888.
Pay attention to the second pie above 4888 for a short one hand, set a stop loss if breaking 4935.
Left-side order: long at 4568, stop loss if breaking 4526.
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Upper pressure 4778-4826-4888
Lower support 4666-4613-4566
4-hour level 4712 broken down looking at 4667-4608, the second pie has broken through and looks bearish, the flag pattern did not stabilize and broke down; if it cannot recover to operate within the flag, the second pie will need to adjust downward, as a low point has already appeared. Meeting adjourned.
