2025-08-26 Night Line

Written before the line change.

Currently still slowly repairing the market, Ethereum has passed the first key position and has tested the validity of the support at 4454, although it was only a one-hour level test. It is currently close to the key level around 4548; if it can close once above 4550 on the 4-hour chart, it will return to a relatively strong bullish trend. The upward momentum on the 4-hour chart has slowed down, while the daily and weekly charts still have no issues for now.

The large whales' reallocation of Ethereum is always a positive for Ethereum. No matter where it rebounds to now, we should pay more attention to the pullback levels. It would be best to test the support at 4454 on the 4-hour chart; this way, I think it would feel more solid.

SOL has confirmed resistance at 191~192; this position has also acted as support before, and some people are stuck there, so there is definitely some pressure. However, in terms of the rebound situation, it has performed quite well. As long as it doesn’t break below 188.5 on the pullback, it remains bullish. If it can close once above 192 on the 4-hour chart, it will return to a strong bullish situation.

Bitcoin has been moving softly and weakly these days. On one hand, the micro strategies have not acted; on the other hand, ETFs seem to have more interest in ETH recently. Looking at it now, as long as it can hold 1094-1102 and not drop below it, the probability of consolidating and repairing upwards is still higher. It won't break out of the 4-hour downward channel so quickly, but touching 1112 and 1120 upwards is still possible. If the daily line can close once above 1115, it will indicate a short-term stop of the decline + reversal.

Do not feel anxious or panic because of a short-term pullback, thinking the sky is falling, or feeling uneasy when you see teachers saying 98x, 2800. If you think about it, weren't those who said 150,000 and 6000 the same people?

Creating anxiety and spreading panic is a way for some people to make a living; it’s better not to watch or pay little attention to these things.

The market operates with reasonable ups and downs; just control your position well, don’t go all-in, and don’t put yourself in a dilemma.