There is a high probability of another main upward wave for $ETH
Currently, it is fluctuating between 4200 and 4100. The main tone for August is upward. Once this position rises, it is likely the end of the bull market.
Ethereum has pulled back after breaking down. I believe there is a high probability it will make an attack on 4800. Once it breaks the historical high, the emotional uplift premium it brings to altcoins will be significant. Many altcoins may follow Ethereum's rise to complete their sell-off.
Sorry, I just made two more bags Did you see that needle $ETH just now? It went up directly by 55 points Less than twenty minutes of direct management!!!
How many people in the crypto space are truly making money?
This year, 2025, is my 8th year of trading crypto full-time. Last year, I spent a full 11 months trading contracts, growing from 2000USDT to over 2 million USDT, achieving a 1000-fold profit. In the crypto space, if you want to truly achieve financial freedom and realize compound interest, methods, techniques, and forming your own profitable system are crucial! Once mastered, the crypto space will be like your 'ATM', making money as easy as breathing! After more than 10 years of trading crypto, my wealth journey is summarized as follows: The first ten million took the longest and was the most painful; the trading system was continuously reshaped and refined over a year and a half.
The market trend of Bitcoin is compensating for the weekend's volatile pattern, and it is relatively weak. Be patient and wait for the formation to start.
Want to double your account, want to enjoy big profits, want to successfully break even Stay close to the monk and position yourself ahead of the main bull market wave!
Is there a scenario where all coins rise together and everything flourishes? Opinions vary, yet any viewpoint can ultimately hold true!
Many people have actually been broken down in this cycle; small tokens rise slowly and fall quickly, returning to square one, repeatedly rubbing against their mindset! Initially, many comments within the community were more about emotional expression, representing positions rather than viewpoints and logic. When prices rise, there’s immense joy and imagination; when prices fall, various pessimistic comments emerge, even overlooking previous trends. The notion that this wave has no copycat season is akin to saying in the second half of 2022 that there was no bull market in 2021. We can understand: we all want to enjoy the benefits, but no one wants to be beaten right after eating, or even not getting to eat and just getting beaten.
How to Select 100x and 1000x Targets in a Bull Market
1. Choose the right track, ensure a high ceiling, great potential, and ample growth space;
2. This year's hotspots are in the BTC ecosystem, ETH ecosystem, and SOL ecosystem;
3. The BTC ecosystem has seen targets with 100x, 1000x, and even 10,000x returns, with clear profit-making effects;
4. The ETH ecosystem and BSC ecosystem have performed average, currently no dark horses have emerged, and no profit-making effects have been observed;
5. The SOL ecosystem has seen many coins with explosive growth this year, showing profit-making effects, predominantly among foreigners;
6. BTC's NFTs have not completely exploded yet, and there will be targets that exceed those on the ETH chain in terms of multiples, unit prices, and total market values, comparable to BAYC and Punk;
7. Low unit price, with 2-3 zeros in front, low total market value, between 1-5 million USD; during a bull market, unit prices go to zero, and market values rise to 100 million to 1 billion USD, leading to 100-1000x targets;
If you want to double your account, enjoy big profits, and successfully recover your investment, stay close to Monk and position yourself ahead of the main rising wave of the bull market!
Ethereum Analysis on August 1st From the current trend of Ethereum, the market has formed a clear pattern of six consecutive downward days. During this time, there have been attempts to rebound, but the strength has always been weak, and the bulls have failed to organize an effective breakout; even when there occasionally appears some resistance buying, it has ultimately been strongly suppressed by the bears, resulting in a very limited rebound.
From the perspective of trading volume, the recent decline has been accompanied by a significant increase in volume, while the rebound has shown a characteristic of decreased volume. This divergence in volume and price further confirms the low market sentiment. Until a clear signal of a stop in the decline appears, the overall outlook should remain bearish.
Seng Ge's suggestion: Short positions can be set up around $3650-$3680 for Ethereum, with a short-term target aimed at $3550.
Actually, it's fine not to make predictions. In April, it was said that it wouldn't break 75k. The overall long-term bull market in the cryptocurrency space is still ongoing. In June, it was mentioned that it wouldn't break 100k. The third wave of the weekly bull market trend that started from April to June is still in effect. As it turns out, that's indeed the case. The bull market trend is still ongoing, so look upwards; targets of 13, 15, 20, and 30 are all possible.
This buddy added to Seng Ge on the 20th, and officially started trading yesterday. During this time, he was operating alone, and it was clear that he was mostly just playing around.
I operated with nearly 4k of capital following Seng Ge.
Yesterday during lunch, Seng Ge saw $ETH had an upward trend, so he decided to go with an aggressive strategy.
In the first trade, he made a big move and directly went in with 1k.
The upper pressure level is very strong; if it can't break through, it will have to pull back, so I won't hold onto it any longer.
I made a profit of 2k in one trade; we'll continue next week and aim to double the capital!
7.25 Monk Real-time Analysis Morning Market Analysis: After a two consecutive bullish candles rebound on the four-hour level, the bears exerted force to pull out two consecutive bearish candles, causing the price to fall below the middle band of the Bollinger Bands. The Bollinger Bands are shifting, and the MACD is converging, indicating a sideways consolidation trend. The one-hour level shows a five consecutive bearish candles breaking below the middle band, with strong short-term bearish momentum and weak indicators. However, considering the previous trend, it is still highly likely to remain within a consolidation range. In terms of operations, it is recommended to adopt a buy low and sell high strategy until the range is broken.
Operation Suggestions: Bitcoin: Around 117500 sell, target around 114000 Ethereum: Around 3660 sell, target around 3580
Expectations have basically been met. Currently, besides not having precisely touched the orange line, $BTC is considered to have gained support along the yellow line in the upper part of the oscillation channel!
The spot premium index showed a significant rebound last night, but has started to decline again, which is unfavorable for bulls and indicates that the buying pressure from USD spot funds is not sufficiently sustained.
In summary: Currently, the probability of the 4h to daily levels transitioning into a sideways market is greater than the probability of trend continuation. If the sideways movement lasts a week, the final retracement test target will gradually shift upwards to the middle line.
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