2025.8.1 Early BTC/ETH Market Analysis
On this night, 4 billion CNY was liquidated, and 133,781 people went to zero! The time to test positions has come again; those with short positions must be especially happy about the deep drop, while those without short positions are left longing, and then waking up with full positions, the market directly teaches you a lesson. Without position management, you must be panicking at this moment. How to act in such a situation?
First, check if your full position is overall profitable or at a loss. If overall profitable or just a small loss, exit all large positions! Leave only one position, do not take several at once, or you simply won't have the energy to cope with large fluctuations in the market!
This has been mentioned countless times during live broadcasts; you only need to hold one position, there’s no need to hold several. If the funds are particularly large, you can hold two!
Next, check how many opportunities you have to add to the remaining position. If adding 1-3 times won't affect the overall situation, then patiently wait for a right-side rebound to give you a chance to run. If there’s no right-side opportunity, then add to your position based on the points below, taking profits where due and cutting losses where necessary!
BTC Focus
Support 112000/109500/107500
Resistance 119200/116411
The drop from early morning continues; any rebound is an opportunity to escape first. If you approach your cost, you can run or watch the market closely for a chance to break even and then run immediately. In this kind of market, orders placed in the early morning should not be held onto too long!
Because if BTC breaks the level of 116411 again and can’t recover, then what awaits is a test of 4000+ for a pullback. Will the big non-farm data in the evening strike back? Even if we get a chance during the day, we must end our positions; even if in the evening we look for opportunities to enter again, don’t let ultra-short-term speculation turn into a medium-term or long-term position!
ETH Focus
Support 3425/3339
Resistance 3892
Right now, there's an intense battle around 3715-3725. If you didn’t exit at this point last night, seize the opportunity to greatly reduce your position or run!
In terms of operations: this morning proved again the importance of position control. If the position is unreasonable, waking up directly leads to a loss. Currently, waking up only means entering an initial position or adding once. Seeing such a drop can be alarming, but then realizing the position is quite small makes it much calmer!
Currently, the 12345 strategy can be used again during the downward process. BTC has initially formed a second wave; keep an eye on the market for opportunities to act when they arise!