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Technical Analysis 2025-08-30
Technical Analysis 2025-08-30 [For more details, please refer to the video explanation]
#BTC#
Weekly Level: [Bearish Trend] 6th wave pullback in an upward trend, support at 100000, 85000; //Build positions in batches for short selling
Daily Level: [Focus on Short Selling] Breaking below the fluctuation range, the retest of the resistance level is effective, maintain a short position. //Upper resistance 113000, lower support 106000, 101000
Intraday Level: [Mainly Short Positions] Downtrend, maintain a high position in line with the trend, drop near the support level, or switch to oscillation; //Upper resistance 112000, lower support 107500, 103100;
#ETH#
Weekly Level: [Watch] Upward trend, first pullback has not broken down, last week's volume decreased while rising, maintain a wait-and-see approach; //Wait
Daily Level: [Mainly Low Long] Upward trend, using sideways to replace the decline, waiting for a fall near the turning point; //Currently around the turning point of 4160.
Intraday Level: [Focus on Low Long Positions] Range fluctuation, the hourly downtrend turns into fluctuation or fluctuates upward; //Upper resistance 4670, 4824, lower support 4366, 4160;