2025.8.20 early 10:23 BTC/ETH market analysis
2025.8.20 early 10:23 BTC/ETH market analysis
Tonight the bears continue to exert force, breaking below 4100 and reclaiming it, now oscillating at 4100, this is the role of support and resistance levels, both bulls and bears acknowledge it, and will play against each other!
Last night in the 4180-4200 range, the first position was a 1% long, this is a normal entry, not considered a trap, rebounded to 4230, certainly not taking profit, those who didn’t take profit should wait for an additional position or stop loss at 4200! This is not considered a trap, it is essentially betting on ultra-short-term rebound expectations, it can only be said that the expectation only reached a minimum threshold of 30 dollars! This position is small, those who didn't take profit should stabilize and continue to hold according to last night's strategy!