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Market analysis for BTC/ETH/SOL/DOGE on 2025.8.3 at 9:24 AM
On this night, 2.65 billion CNY vanished into thin air, and 106,971 people went bankrupt to zero!
In the early morning, the lowest BTC hit 111950 twice, which is the upper limit of BTC that we have frequently mentioned recently and also the first support level from yesterday. The lowest ETH was 3353.4, which also perfectly hit the first support level from yesterday!
Yesterday, I only used BTC as the unit, with the first position at 113000 and a supplementary position at 111750, aiming for a spike order at 112000, but it missed by 100 dollars at the lowest of 111850. Sometimes it really feels like being targeted like this!
For Friday's orders, those who reduced positions or left the market on Friday evening should have noticed that in the recent morning analysis videos by Sao Ge, there were opportunities to exit with either a small loss or a small gain. However, repeatedly standing still and passively taking hits is really not a good operation!
Those who didn't run away after the breakdown should have triggered the stop-loss by early Friday morning!
From weekend to Monday evening:
BTC support at 109500/107500, resistance at 114500/115500/116411
The key point at this moment is 111960, continue to pay attention to the volume reduction opportunity of the second pull back.
ETH support at 3100, resistance at 3605/3715
3339-3354 is a key position, consistent with BTC's 111960!
SOL support at 147/133, resistance at 170-174
At this moment, 167 is a key point, a watershed for bulls and bears!
DOGE support 0.18/0.1515/0.13/0.114/0.1
Among the above four, the DOGE layout for spot trading is where we can place orders in batches at these price levels!
In terms of operations: both long and short positions can be taken. A decline is a good thing. It has been more than a month of seeking spot opportunities, and now aren't spot opportunities just around the corner?
The difference between the rich and the poor is not in the amount of money they have, but in their thinking, handling of affairs, and cognition!
Trading is the same; if you remain unchanged, your outcome will always be the same, regardless of how much margin you have. The market is always changing, and it's essential to strictly execute your take-profit and stop-loss plans!
#ETH# #BTC# #GT#