Evening Thought Sharing on August 20, 2025

The bull has not left, and the bear is yet to come. Although Bitcoin was just a step away from the previous low and the quarterly VWAP yesterday, it did not form an effective breakout. However, Ethereum has stabilized at a parallel top. Therefore, there is no need to panic excessively. There are still two speeches tonight, as well as the US stock market, which is destined to be extraordinary. Mastering this kind of market situation is true growth.

Suggestions

Bitcoin may drop to around 112500-111870 before rising, with a target of around 114300-115540. If it breaks through, watch for around 116100-117800. On the downside, pay attention to around 11100-109700.

Ethereum may drop to around 4075-3980 before rising, with a target of around 4325-4440. If it breaks through, watch for around 4515. #btc #eth