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Technical Analysis 2025-08-05
BTC
Weekly Level: [Short Position as Main] The pullback in the upward trend is the 6th wave, with support at 100000; //Currently unchanged
Daily Level: [Short Position as Main] The 4th wave pullback in an upward trend, with support at 110000. //Pay attention to rebounds and fluctuations near support levels // Pay attention to 110000, or end the uptrend and turn to a downtrend
Intraday level: [Range oscillation, short on high and long on low] Range oscillation, with resistance near 115800 above and support near 112000 below; //Range oscillation or as a pullback of the intraday downtrend 2nd wave
ETH Weekly Level: 【Low Long High Short】 The market is in a wide range of fluctuations, with resistance around 4000 and support around 2785.
Daily Level: [Short positions are the focus] The 4th wave pullback in an uptrend, with support around 2880; //The rebound tests the resistance level, maintain a high short position unchanged
Intraday Level: [Consolidation, Short on Low Long] Downward shift to oscillation, with resistance near 3740 above and support at 3320 below; // Pay attention to the pressure at 3740, or a large range of fluctuations may occur.