Market analysis for BTC/ETH/SOL/DOGE on Saturday, August 2, 2025 at 10:10 AM


That night, 5 billion CNY was liquidated directly, with 150,000 people going bankrupt to zero! It was a sight too painful to watch, mainly affecting the long positions, with BTC breaking down into the 112,000-113,500 range, and ETH dropping to 3,426. It has come to the moment of fluctuating several hundred to several thousand dollars upon waking up, only this time it is in a downtrend instead of the previous uptrend!
Last night, the strategy for SOL had a first wave low of 165.4, rebounding to 167.6, providing two opportunities to escape with a 2-dollar margin. It’s okay if we didn't escape; in the early session, we saw a deep squat at 159.2, and our second target at 159.5 was hit, with an average price of 162.55. At this moment, 165 is fluctuating, giving us a solid 2+ margin for profit-taking!
DOGE hit the first entry point at 0.2025, currently consolidating around 0.2022 which is basically breaking even. The second low entry point has not been hit yet, so you might consider taking small profits on a rebound or exiting to secure your capital!
The three points of ETH last night: the first wave's lowest was 3537.5, hitting 3545 (the live broadcast moved the point down to 3554.5), and the highest rebound was 3585, barely a space of 30-40 dollars. If you don't set a take-profit order in advance, you won't be able to exit. The second point was 3486, and based on 3554.5, the average price is 3520.25. It hit 2 positions, giving the opportunity to secure the principal or make a small profit before exiting!
BTC hit the second intraday range, 112000-113500 with a low of 112660, currently consolidating at 113600, you can exit to break even!
On the weekend, BTC support is at 112000/109500/107500, resistance is at 114500/115500/116411.
ETH support 3339-3354, resistance 3605/3715
Last night, the rebound was weak, and in the first half of the night, it did not break through the 5-minute ultra-short-term MA250, indicating weakness. In the early morning, making a new low aligns with the indicator trend!
SOL support at 147/133, resistance at 170-174
At this moment, 167 is a key point, a watershed for long and short positions!
DOGE support at 0.18/0.1515/0.13/0.114/0.1
Just hang the long-term spot orders in batches and wait for them to be filled. You never know when that moment will come to let you get in in batches!
Weekend operation advice, both long and short positions can be taken. Wait for a signal to short, and wait for a double bottom or a volume divergence signal to long!
#GT# #ETH# #BTC#
BTC0.35%
ETH1.7%
SOL0.01%
DOGE1.45%
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GateUser-d5e2bfe8vip
· 08-03 02:21
"Love this place!"
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GetPreparedToPotentialLongWickvip
· 08-03 02:05
Steadfast HODL💎
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GetPreparedToPotentialLongWickvip
· 08-03 02:05
Steadfast HODL💎
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GetPreparedToPotentialLongWickvip
· 08-03 02:05
Steadfast HODL💎
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HoldALosingPosition侠jaywtvip
· 08-02 10:38
Just rush it, just rush it, just rush it.
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LCanyeovip
· 08-02 07:28
Analysis is on point, top🔝 follow, follow along and wait for the entry point😀😀😀😀
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LCanyeovip
· 08-02 07:27
Hold on tight, we are about to To da moon 🛫
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ThisHand,CommonHand,Wonderfulvip
· 08-02 06:52
Just go for it💪
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Bonnivip
· 08-02 02:59
Bull Run 🐂
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Ryakpandavip
· 08-02 02:49
Just go for it💪
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