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‼️August 25 Market Analysis + encryption Information Spread‼️
1.#BTC Keep your hands steady, taking profits without breaking the daily trend line is a hard truth, so those who haven't realized profits can only endure losses. The transition between market strength and weakness is determined by a few candlesticks.
So here we continue to observe, we can take small short positions to test, the bearish sequence has already formed, turning around must first go flat before there can be a reversal momentum, short positions can wait until breaking 111930 for more safety.
2.#ETH
Differentiating from BTC, the strength of this rebound is already different. It's heading towards 5000. In the past two days, BTC has dropped back to the starting position, while ETH has begun to fluctuate at a high level. The 5-day moving average serves as the opening point, and the logic around 4650 remains unchanged. Whether today's closing price can hold above 4650 will determine the start of a trend position.
3. The key support level for the market #BTC currently is:
--BTC: The daily closing price of 111930 has broken to open a short position. It is best to start making trades tomorrow.
--ETH: If the daily closing price stays above around 4650, it's best to start placing orders tomorrow.
Note: Waiting is also a skill; hunters need a certain amount of patience to harvest their prey.