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Thursday, August 14, 2025
Bitcoin and Ethereum evening trading strategy:
Bitcoin and Ethereum still continue to maintain a bullish outlook in the overall bull market.
In the evening, we first focus on the support levels around 120800 points and 120000 points. As long as it can effectively maintain above the support level of 120000 points, it indicates strong bullish momentum and will lead to an upward trend. The first resistance levels to watch above are around 122330 points and 123300 points. Only if it can effectively break through the resistance level of 123300 points and maintain above 123300 points will it show a continued upward trend. The upper resistance levels to watch are around 141000 points and 150000 points.
Conversely, if the Bitcoin price can consistently remain below the resistance level of 123,300 points or directly break down below the support level of 120,000 points, it will lead to a downward pullback trend, retracing down to the support levels of 118,000 points, 116,350 points, and 115,700 points, or the daily support levels around 112,000 points and 110,500 points to form a second daily level center.
"Evening Trading Suggestions for Bitcoin: Focus on buying on dips near the support levels of 120000 points and 120800 points, with a stop loss below 120000 points."
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In the evening, Ethereum will first focus on the support levels around 4640 points and 4616 points. As long as it can effectively maintain above the support level of 4616 points, it indicates that the bulls are relatively strong and will continue the upward trend. The upper levels will first focus on the resistance levels around 4788 points and the previous high of 4877 points. After breaking through 4877 points, the upward trend will continue.
Conversely, as long as it can effectively break below the support level of 4616 points in the evening, it will show a downward pullback trend. First, pay attention to the support levels around 4350 points and 4330 points below. After breaking, focus on the support levels of 4257 points, 4168 points, and the bullish-bearish reversal level around 4108 points.
Ethereum Evening Operation Suggestion: Focus on going long near the support levels of 4640 and 4616 points, with a stop-loss below 4600 points.
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The market has risks, investment should be cautious, and the trading strategy is for reference only; profits and losses are the investor's responsibility.