August 18 Trend Analysis

A new week officially begins.

Bitcoin is currently in the third wave of adjustment, having previously dropped from a high of around 1245 to a previous low of 1149, with a cumulative decline of approximately 7%. Considering the strong breakout to new historical highs, this pullback is a typical "retest of support after a breakout" structure, and the scale of the correction is relatively limited, maintaining an overall strong pattern.

In the short term, signs of stabilization have appeared at the small cycle level. This afternoon, focus on the strength of the rebound.

🔹Key rebound level today: 116,240
If it can effectively hold this position, a technical rebound is expected to begin at the 1-hour level, with the upper resistance levels to be monitored in sequence:
117,245 - 118,250 - 119,135

🔹If the rebound is blocked below 116,800, it indicates insufficient bullish momentum, and the rebound strength is weak, which may lead to a further downturn in the market.
The next focus is on the previous low of 114,950 for support. If it breaks below, further attention should be paid to the support levels below:
113,900 - 112,750 - 111,860

📌 Weekly support levels: 1140 - 1120 - 1075
📌 Weekly resistance levels: 1183 - 1195 - 1233

Ether

🔹 Today's key rebound level: 4400
Only by stabilizing at this position can the hourly level have the basis for a rebound.
The upper pressure levels to pay attention to are: 4467 - 4521 - 4575

🔹If the rebound cannot break through 4400, it will be considered a weak rebound, and it may retest lower levels subsequently.
First look at the previous low of 4278. Once it breaks below, pay attention to the support below:
4220 - 4161 - 4110

📌 Weekly support: 4180 - 4060 - 3870
📌 Weekly Resistance: 4570 - 4670 - 4795

SOL

🔹 Today's key rebound level: 186**
After stabilizing, a 1-hour level rebound is expected. Upper pressure to pay attention to:
190 - 193 - 195

🔹 If the rebound cannot break through 186, then the rebound lacks strength, and the market may decline again.
First look at the previous low of 181. After breaking below, the support level moves down to:
177 - 173 - 170#BTC ETF持仓破1530亿美元 #美联储终止新型活动监管 #Bit Digital成功转型