2025-08-29 Night Line Supplement

It’s past 12:30, and if you took too much Ethereum at 4515 with a high leverage position (over 30% of your total position), it’s advisable to reduce some of your positions. We need to stabilize at 4515 by 4 o'clock and try to stay above 4540-4550 to confirm a stop in the decline and a short-term reversal.

Otherwise, there’s a chance it could lead to a scenario of "increasing degradation"···

There was a period of upward movement without consolidation in between, which you should be able to see clearly on the chart. Even though we all know it will definitely go up later, it doesn’t prevent it from taking out some long positions before pulling back. A gentleman does not stand under a dangerous wall; if your position is not suitable, it’s best to reduce some positions. At worst, we can add back when it goes down, don’t put yourself in such a passive situation.

On the SOL side, it’s still strong. It hasn’t even tested 209, but the resistance at 215-216 above is significant. If buying pressure cannot be sustained, it will just oscillate. If you’re going long, it’s best to wait for 209-210 to see what the situation is.

For Bitcoin, 1122-1124 has already held once; the first support is the strongest, the second is weaker, and if it touches down for the third time, there’s a high probability it will break. To get out of the downward channel on the 4-hour chart, it needs to maintain above 1135 for 8 hours (2 consecutive 4-hour closes).

Tomorrow night, there’s a higher probability of a long vs. short confrontation, so pay more attention to the price movements in the market.