Technical Analysis 2025-08-10

**BTC Weekly Level: [Mainly Short] ** Correction wave 6 in the uptrend, with support at 100000; //Currently in a sideways trend, waiting for a top formation at the daily level to enter short positions.

Daily Level: [Mainly Short Positions] The rebound tested the resistance level but did not break through it. If it does not break through in the next two days, the upward trend will end. //Upper resistance 116800, 120000

Intraday Level: [Mainly Short Positions] If it falls below 116000 during the day, the upward trend will end, and there may be a resonance between the small cycle and the daily level. //Resistance above at 116900, 118700, support below at 114300, 112800;



**

ETH Weekly Level: 【Wait and See】** The wide range of fluctuations, with resistance around 4000 and support around 2785. //Waiting to see if the range is broken, watch if the retest of 4000 this weekend or next week is effective.

Daily Level: [Waiting for a High Short Position] The upper range has broken, and the upward trend remains unchanged. Multiple indicators are in a state of divergence, making it inadvisable to chase prices. //If a top formation appears while in a divergence state, then enter a short position.

Intraday Level: [Mainly Bullish] Upward trend, market exuberance, short cycles begin to correct and diverge, it is not advisable to chase the rise, instead, take a long position on the pullback. //Support below 4060, 4010;

BTC-0.14%
ETH-0.39%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)