BTC, ETH Trend Analysis and Opening Strategy on August 25

ETH

Current Price: 4792, close to 24-hour high of 4957.67

Support: 4662, 4702, 4060

Resistance: 4957 USDT, breaking through this price may continue to rise.

MACD: Current MACD shows positive values, and both DIF and DEA are rising, indicating a bullish market in the short term.

Moving Averages: MA7 is above MA25 and MA99, indicating a bullish short-term trend, but caution is needed for price pullbacks.

Volume: The trading volume significantly increased during the upward movement.

If the price breaks through 4957, consider going long during pullbacks.

If the price drops below 4702, consider stop-loss or going short.

BTC

Current Price: 113450 USDT, with a slight decrease in the last 24 hours, down by -1.57%.

Support: Around 110484

Resistance: 117400, strong resistance at 124345; if it breaks this level, it may continue to rise.

MACD: Current MACD shows negative values, indicating bearish market sentiment.

Moving Averages: The crossover between MA7 and MA25 suggests that there may be further adjustments in the short term.

Volume increased during the decline, indicating strong bearish pressure.

If the price breaks through 116000, consider going long.

If the price drops below 110484, it is advisable to go short or stop-loss.

Summary:

ETH: Continue to observe whether it breaks above 4957; strong bullish signal.

BTC: Currently bearish sentiment dominates; it is advisable to wait for a breakout above 116000 before going long, or go short if it breaks below the support level.

Altcoins have not seen major pullbacks; all are waiting for BTC and ETH to set the direction.

SOL, XRP, SUI, BNB, UNI, DOGE, PEPE, AAVE, CRV

Today's market is relatively volatile, pressure to open short positions, support to build long positions.

Providing altcoin support and resistance opening strategies; let me know your coin.

Tomorrow morning, let's see if ETH can break through 5000.