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Monday, August 11, 2025, "Live at Eight O'clock Sharp" Evening Trading Strategies for Bitcoin and Ethereum:
In the evening, we should first pay attention to the support levels around 120,000 points and 118,900 points. As long as it can effectively stay above the support level of 120,000 points, it indicates that the bulls are relatively strong and will continue to trend upwards. The first resistance level to watch above is the previous high around 123,300 points. If it can effectively stay below the resistance level of 123,300 points, it will trend downwards below 123,300 points. After breaking through the resistance level of 123,300 points, it will continue to trend upwards. We will pay attention to the resistance level around 141,000 points or higher targets.
Conversely, if Bitcoin can effectively break down below the support level of 118900 points in the evening, it will lead to a downward pullback trend. The first support levels to watch below are around 118000 points and 117600 points. If these levels are broken, pay attention to the support levels around 116350 points and 115700 points. As long as it can effectively maintain above the support level of 115700 points, it will continue to hold a bullish trend. If it breaks down, continue to monitor the daily support level around 112000 points and 110500 points, as well as the weekly support level around 109600 points.
"Evening Operation Suggestions for Bitcoin:"
Buy near the support levels of 120,000 points and above 118,900 points, with a stop loss below 118,900 points.
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In the evening, Ethereum will first focus on the resistance level near 4285 points. As long as it can effectively break through the resistance level of 4285 points and maintain above it, it will continue to trend upwards. The first resistance level to pay attention to above is near 4332 points, and after breaking through, the focus will be on the resistance levels of 4380 points and the previous high near 4877 points.
Conversely, as long as it can effectively maintain below the resistance level of 4285 points in the evening, it will show a downward pullback trend. The first support levels to pay attention to below are 4186 points, 4153 points, and the bullish-bearish reversal level around 4108 points. As long as it can effectively maintain above the support level of 4108 points, the bullish perspective remains unchanged. On the contrary, if it can break below the support level of 4108 points and maintain below it, it will show a downward bearish trend. The first support levels to focus on below are 3940 points and around 3860 points. After breaking down, pay attention to the support levels of 3740 points, 3525 points, and around 3500 points.
"Ethereum Evening Operation Suggestions: Go long near support levels of 4153 points and 4108 points, with a stop-loss below 4090 points."
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The market has risks, and investment should be cautious. The trading strategy suggestions are for reference only, and profits and losses are at your own risk.