August 27 Bitcoin market analysis
Although there is panic selling in Bitcoin in the short term, the buying support below remains strong. If there is a second pullback, it is still a layout opportunity. Ethereum's trend is stronger, leading the altcoin sector to outperform Bitcoin. After the washout, there is hope for a continuation of the upward trend. On-chain data shows that large whales continue to reduce BTC holdings and significantly increase ETH holdings, indicating clear signs of capital rotation in the market. Bitcoin's market cap percentage has fallen to 58%, and funds may further flow into altcoins. On a macro level, the market expects an 87.8% probability of a Fed rate cut in September, and the liquidity environment remains favorable for crypto assets.
BTC is temporarily holding up against pressure, short-term turnover is rising, showing some signs of panic selling, but the buying power in the US market is still strong; if there is a second test, it could be a buying opportunity.
ETH's increase is higher, and altcoins are generally performing better than Bitcoin. After a pullback to the midline, it will continue the previous momentum; the intensity of the washout in recent days has been sufficient.
ETH
The reason for still being bearish this wave is that the downward trend of Bitcoin has already formed. This rebound in Ethereum can only be viewed as a rebound, with overall insufficient volume, and the chart shows a divergence between volume and price.
However, Ethereum is quite volatile; going short too early brings great risk. Currently, this position has hit the gap of upper chips, and shorts are once again covering, leading to a continuation of the decline, with good positioning and cost-effectiveness.
BTC
Overall trend in 4 hours is fluctuating downwards.
Multiple pressure points are forming above BTC, making it difficult for a significant upward breakthrough in the short term.
The trend is a normal deep V rebound; currently, look for pullback opportunities when meeting resistance.
Currently, short-term support is mainly concentrated in the range of 110000-108000, and attention can be paid to upward opportunities.
Last week's market analysis suggested that 108000-105000 could become a bottom, marking a turning point in the downward trend. It is expected that there will still be opportunities for a second bottom test during the week.
Currently, short-term pressure is mainly concentrated around the two points of 112541-113381; attention can be paid to pullback opportunities.
Daily market trend, expected to drop first and then look for bullish opportunities.
Last night, Trump spoke positively, clearing out shorts, making it difficult for bulls to push prices up today. Currently, BTC and ETH are showing a continuous bearish trend, likely trapping bulls, a slow boiling frog situation that makes you want to catch the bottom, but once you do, you will be slowly trapped.
Currently, on the 4-hour chart, there is a high probability of continuing to decline after 4 o'clock, but this trend is easy to rebound. There may be opportunities to pull back again tonight when the US market opens.
BTC
Support and resistance layout points (reference)
Short-term pressure near 112541.
After the breakthrough upward, pay attention to the pressure near 113381.
Support near 109966.
After breaking down, pay attention to support near 107928.
ETH
Ethereum's increase is relatively strong, primarily considering long positions at low levels.
Support and resistance layout points (reference)
Pressure near 4681.
After the breakthrough upward, pay attention to the pressure near 4774.
Support near 4472.
After breaking down, pay attention to support near 4352.
Daily trading strategy, focusing on short positions primarily, with some long positions.
August 27, 2025.
1. Overall market trend.
BTC rebounds, altcoins rise broadly.
US stocks are rising, and the RMB exchange rate is strengthening. The market expects the Fed to cut rates twice this year and four times next year.
2. Market hotspots:
1. The platform token CRO has surged. CRO is the token for the crypto.com platform and the Cronos chain's gas token. Trump Media Technology will raise $6.4 billion for the CRO treasury.
2. On-chain contract platform HYPE has surged, approaching previous highs. The next upgrade will significantly lower the funding rate by 80%, increasing the operating nodes from 21 to 24, and the proportion of revenue used to repurchase tokens will rise from 50% to 99%.
3. WLFI pre-market trading contracts, long position rate is 0.1%. PLAMA's pre-market trading contracts were manipulated to rise 4 times, resulting in all hedges being liquidated.
