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Technical Analysis 2025-08-07
**BTC Weekly level: [Mainly Short] ** Pullback wave 6 in an uptrend, support at 100000; //Wait for the daily level to show a top pattern, then enter short.
Daily Level: [Mainly Short Positions] The price is at a key level, waiting to choose a direction, whether to end the upward trend and turn to a downward trend; //Resistance above 116800, 120000
Intraday Level: [Low Long, High Short, Focus on Long] The market is fluctuating upwards, with resistance at 116900 and 118700 above, and support at 114300 and 112800 below; //Intraday small cycle, bulls slightly stronger
**ETH Weekly Level: [Low Long High Short] ** The market is in a large fluctuation range, with resistance near 4000 and support near 2785.
Daily Level: [Short Position as Main] In an upward trend, the pullback of the 4th wave is represented by a sideways movement instead of a decline, with a secondary upward probe, focusing on short positions. // Pay attention around 4000, if there are top signals, you can enter the market to short.
Intraday Level: [Low Long High Short, Focus on Going Long] The market is oscillating upwards, with resistance at 3877 and 3977, and support at 3650 and 3560. //At this time, pay attention to the small support at 3680. If it breaks down, it can further test the area around 3320;