Liying Cryptocurrency: Latest Bitcoin (BTC) and Ethereum (ETH) Market Analysis and Trading Recommendations for August 18, 2025
Bitcoin is currently priced at 118,300. Liying has observed a clear range-bound trend, fluctuating between strong support at 117,100 and strong resistance at 118,200. Despite a slight price increase in the short term, trading volume has declined significantly, indicating a lack of upward momentum and signaling a potential price-volume divergence. Meanwhile, technically, an Evening Star and a bearish MA alignment are emerging. While these bearish signals haven't been fully confirmed, caution is warranted. Based on a comprehensive analysis of various indicators, Liying recommends a short position at the current price. The current decline in trading volume and the divergence between volume and price suggest a lack of upward momentum. Therefore, shorting near resistance is a reasonable option, consistent with the current market dynamics. 117,000 is a strong support level, suggesting a buy-low approach. Liying believes this is a relatively safe position for reference.
Today's Liying Price Forecast
Long entry point: 117,000, stop-loss point: 11.65, target: 118,000.
Short entry point: 118,250, stop-loss point: 11.85, target: 116,500.
Ethereum Analysis
Ethereum is currently priced at 4,560. Liying observes that Ethereum is currently in an uptrend, with technical signals indicating a strong bullish bias. The moving averages are bullish, forming a golden cross. This technical resonance indicates strong trend continuation. Meanwhile, Liying has observed a recent bullish engulfing candlestick pattern, further reinforcing expectations that prices may continue to rise in the short term. However, the extreme decline in trading volume poses a major risk, as a divergence between volume and price could lead to a false breakout. Furthermore, with prices approaching the upper Bollinger Band and volatility shrinking, the market may face a short-term directional shift. Therefore, Liying recommends a prudent strategy of buying on dips to support levels, as the market is in an uptrend confirmed by the moving average system. Furthermore, 4350 provides strong support from the previous low.
Latest Trading Points
Go long at 4300, cover at 4250, stop-loss at 30 pips, target at 4550
Short at 4580, cover at 4630, stop-loss at 30 pips, target at 4350
This article is for real-time reference only and is for reference only. At your own risk.
