2025.8.20 10:23 AM BTC/ETH market analysis

That night, the bears continued to exert pressure, breaking below 4100 and then recovering to 4100. At this moment, it is oscillating around 4100, which is the role of support and resistance levels. Both bulls and bears acknowledge this and will have a bit of a showdown!
Last night's first position of 1% long in the 4180-4200 range is a normal entry, not considered a bait. It rebounded to 4230, definitely not considered a run. For those who didn't run, wait for a re-entry or set a stop-loss at 4200! This is not considered bait; it is essentially an expectation of a super short-term rebound. I can only say the expectation only reached a minimum threshold of $30! This position is small, so for those who didn't run, just hold on and continue executing according to last night's strategy!
At the position of 4135, the first wave touched 4133 in the early morning, then rebounded to 4188, which is also a space of 50 dollars, enough to take profits, there is no risk of being stuck, at this moment, consolidating at 4135, you can take it to break even!
BTC Attention
Support 111950/109500
Pressure 116411/119200
I entered my first position for BTC at 113250 last night. At this moment, it's at break-even. I've changed the replenishment level to 110400, or I can take the break-even now and quietly observe the subsequent changes. My suggestion is to hold on and give space for opportunities to run; if there are no opportunities, wait to replenish. After replenishing, there will be opportunities to run, but the chance to replenish may not necessarily come. I can only say to set it up and wait!
ETH Attention
Support 3892/3723
Pressure 4492
Today's key point is 4100, whether it holds or breaks down effectively is currently under fierce competition by the main players, and it remains to be observed!
The downtrend is undoubtedly in a state of oscillation, and it can only be said that the difficulty of speculating for a rebound has increased in the past two days. Do not have any patterned thoughts; the 1h/2h/4h charts are all in a bearish trend. One can only speculate on a rebound but not on a reversal. The current rebound shorts are so weak that they may not provide an opportunity for a rebound short. It's similar to when there's a unilateral oscillation and rise; there may not necessarily be an opportunity for you to reach your desired pullback long position. Therefore, one can only hang on and not be aggressively long. Now, for shorts, one can also only hang on and wait for opportunities to enter. You can also leave part of your position for take profit as a base position!
In terms of operations: the range of 3892-4100 will have fluctuations for 3-5 days to observe the direction of the main force. The probability of a direct breakout with increased volume is low. Focus on this range for the remaining time this week!
Both long and short positions can be taken, but longs should not have a structure, while shorts can maintain a base position structure! They must be at key levels. This kind of low liquidity with no significant fluctuations often indicates a brewing major market movement. It's like boiling a frog in warm water; when liquidity accumulates enough, a big fluctuation will arrive. Therefore, any position should come with a stop-loss for capital preservation; this is basic operation!
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