Technical Analysis 2025-08-06

BTC

Weekly Level: [Bearish] The pullback of the 6th wave in the upward trend, with support at 100000; //Currently unchanged

Daily Level: [Short Selling as Main Focus] The 4th wave pullback in an upward trend, with support at 110000; // Pay attention to 110000, or the uptrend may end and turn into a downtrend.

Intraday Level: [Consolidation Downward] Range fluctuation, with resistance around 115800 above and support around 112000 below; //Focus on the four-hour level, stabilize to go long, one effective time.

**ETH Weekly level: [Long at low, short at high] ** The large range is oscillating, with resistance near 4000 and support near 2785.

Daily Level: [Short Position as Main] Pullback wave 4 in an uptrend, with support near 2880. //Backtest resistance level is valid, maintain high short unchanged

Intraday Level: [Consolidation, Short at Low, Long at High] Consolidation, with resistance around 3740 and support around 3320; //At this time, pay attention to the small support at 3550. If it breaks down, it can further test the area around 3320;