8.25 Today's Market Analysis!
【Review of Yesterday's Market】
🔹 BTC
Yesterday it experienced a sharp decline, but there was no substantial negative news, it felt more like a washout by the market makers. The 4-hour chart has recovered, the daily chart is healthy, and the weekly chart is still in a new upward cycle. Pay attention to the pace of interest rate cuts by the Federal Reserve.
🔹 ETH
Once again, it has refreshed its historical high, the 4-hour structure is good, but there are short-term death cross signals, which need time to digest. The daily chart is healthy, but there is a clear top divergence, suitable for partial profit-taking.
Intraday Trend Outlook
BTC
Support: 112000–112500
Resistance: 115000–116000
Expected to consolidate primarily, currently lacking conditions for a significant one-sided move.
ETH
Support: 4600–4700
Resistance: 4900–5000
Overall still strong, after short-term consolidation and digestion, there is still upward space.
👉 Summary: The overall market trend remains healthy, and short-term fluctuations do not change the medium to long-term trend. The strategy is to buy low and sell high, with mainstream coins being stable and altcoins being selectively positioned.
