Technical Analysis 2025-08-16

#BTC#

Weekly Level: [Mainly Short] The 6th wave of the pullback in an uptrend, with support at 100000; //Maintain a bearish outlook and wait for a pullback if 127000 is not broken.

Daily Level: [Short Positions as Priority] Divergence in fluctuation, primarily short positions; //Resistance at 124000, 127000, support at 112000

Intraday Level: [Long for Low, Short for High] Upward trend turns into a range, short at resistance, long at support; // Upper resistance 124000, lower support 116000, 112700;

#ETH#

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Weekly Level: [Wait and See] ** Upward trend, has reached previous high, it is not advisable to chase the rise, pressure level has fallen back; //Resistance near 4780

Daily Level: [Mainly Short] The upward trend remains unchanged, with a top divergence. The market's exuberant sentiment is diminishing, making it unwise to chase the rise, or it may shift to a consolidation phase. //You can enter a short position with a light position.

Intraday Level: [Low Long High Short] The upward trend is either retracing or shifting to consolidation, mainly focusing on low longs and light shorts. //Resistance at 4655, 4780; support at 4380, 4180;