The following is the market analysis and price prediction for the three major cryptocurrencies — *Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP)* on *August 20, 2025* presented in **Chinese (Mandarin)** 📊:
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*🟠 Bitcoin (BTC)*
*Current Price* ：Approximately $115,428
*Trend* ：Consolidating within an ascending channel
*🔍 Key Points:*
- *Resistance Levels* ：$117,500 and $120,000
- *Support Levels* ：$114,000 and $112,300
- *Technical Pattern* ：Forming a new ascending flag; if it does not break below the wedge support, it is expected to challenge $130,000⁽¹⁾
- *Capital Flow* ：Continuous inflow into ETFs; BlackRock's funds have surpassed $86B in managed assets⁽¹⁾
- *Prediction* ：Expected to maintain between $114K–$117K in the short term; if it breaks through $117.5K, it may challenge $120K–$123.7K
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*🟣 Ethereum (ETH)*
*Current Price* ：Approximately $3,814
*Trend* ：Continuously strong upward movement since July
*🔍 Key Points:*
- *Resistance Levels* ：$3,950
- *Support Levels* ：$3,600 and $3,300
- *Technical Indicators* ：RSI in the overbought zone (above 80), MACD shows strong upward momentum
- *Fundamentals* ：Strong inflow of ETH spot ETF funds, network's tenth anniversary, ongoing expansion of DeFi and NFT ecosystems⁽²⁾
- *Prediction* ：Likely to test $4,000–$4,100 before the end of the month; if it closes above $4,000, the target range is $4,400–$4,500
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*🔵 Ripple (XRP)*
*Current Price* ：Approximately $3.00
*Trend* ：Entered a consolidation phase after a 65% surge in July
*🔍 Key Points:*
- *Resistance Levels* ：$3.25–$3.84
- *Support Levels* ：$2.80–$2.95
- *Technical Signals* ：Descending wedge + RSI bullish divergence
- *ETF Developments* ：SEC postponed five XRP spot ETF decisions to October 19⁽³⁾
- *Market Sentiment* ：Investors took profits after July's peak, but quickly repurchased $1.2 billion in XRP, indicating a recovery of confidence⁽³⁾
- *Prediction* ：If it breaks through $3.07, it may rebound to $3.60–$3.65 (approximately +20%); the legal ruling on August 15 remains a key catalyst
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