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Sunday, August 17, 2025, "Broadcasting at Eight O'Clock Sharp" Evening Trading Strategy for Bitcoin and Ethereum:
In the evening, the first focus is on the support level near 118,000 points. As long as it can effectively maintain above the support level of 118,000 points, it will show an upward trend. The first focus above is on the resistance levels of 119,200 points and near 120,300 points. After breaking through, pay attention to 122,330 points and near 123,300 points. Only if it can effectively break through the resistance level of 123,300 points and maintain above 123,300 points will it continue the upward trend. The focus above is on the resistance levels of 141,000 points and near 150,000 points.
Conversely, if Bitcoin can effectively break below the support level of 118,000 points in the evening and maintain a position below this level, it will continue to exhibit downward retracement movement. The first support level to watch below is around 116,800 points; if this is broken, pay attention to the support levels around 116,350 points and 115,700 points, or the daily support levels around 112,000 points and 110,500 points.
"Evening Operation Suggestions for Bitcoin: Go long near the support level of 118,000 points, with a stop loss below 117,800 points."
Short near the resistance level of 120300 points, with a stop-loss above the level of 121000 points. The resistance and support levels serve as take-profit levels for each other.
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Ethereum will first focus on support levels around 4490 and 4450 points in the evening. As long as it can effectively maintain above the support level of 4450 points, it will continue to trend upward. The first resistance levels to pay attention to above are around 4600 and 4665 points. If it can break through the resistance level of 4665 points and effectively maintain above 4665 points, the upward trend will continue. The resistance levels to pay attention to above are 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 4450 points in the evening and maintain below 4450 points, it will continue to show a downward retracement trend. The first support levels to pay attention to below are 4350 points and around 4330 points. After breaking below, watch the support levels of 4257 points, 4168 points, and the bullish-bearish reversal level around 4108 points.
Ethereum Evening Operation Suggestions:
Buy near the support levels of 4490 and 4450, with a stop loss below 4440.
Short near the resistance level of 4665, with a stop loss above 4675.
The resistance level and support level serve as take-profit levels for each other.
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The market has risks, investment should be cautious, and the trading strategy is for reference only; profits and losses are at your own risk.