【Top 10 Crypto Traders’ Highlights Today｜BTC August 25】
BTC is not simply about chasing; the key is whether it can truly be accepted above 80,000.
Traders’ original views:
1. Daan Crypto Trades (@DaanCrypto, August 25) said that BTC’s price action has become chaotic, with both bulls and bears sides seeing large liquidations. Many highly leveraged longs were also swept out by a sharp intraday drop of 1%–3%.
2. Trader XO (@Trader_XO, August 25) believes that for a sustained bull market, price needs to be accepted above the 50-week moving average line and form a multi-week to multi-month uptrend; in the short term, there will likely be more opportunities for two-way volatility.
3. Cheds Trading (@BigCheds, August 25) pointed out that BTC’s break above 80,000 is very clean and it is now trying to push further.
Editor’s scenario: As of 18:30 CST, Binance’s latest BTCUSDT price is 79,317, with a 24-hour high of 81,273 and a low of 77,450. Tonight, we will only watch one path: first, expect consolidation/oscillation around 79,317 to 80,000. If it regains 80,000 and the subsequent retest does not break below 78,500, then look for 81,273; only if there is a breakout above 81,273 with increased volume should we discuss 82,000.
Invalidation criteria: A break below 78,500—especially if it is near 77,450—would indicate that acceptance above 80,000 has failed.
Risk: This is not trading advice. With high leverage, there can be consecutive liquidations during 1%–3% price swings. Do you think what matters more tonight is holding above 80,000, or defending 78,500?
#BTC #ETH #BNB
BTC is not simply about chasing; the key is whether it can truly be accepted above 80,000.
Traders’ original views:
1. Daan Crypto Trades (@DaanCrypto, August 25) said that BTC’s price action has become chaotic, with both bulls and bears sides seeing large liquidations. Many highly leveraged longs were also swept out by a sharp intraday drop of 1%–3%.
2. Trader XO (@Trader_XO, August 25) believes that for a sustained bull market, price needs to be accepted above the 50-week moving average line and form a multi-week to multi-month uptrend; in the short term, there will likely be more opportunities for two-way volatility.
3. Cheds Trading (@BigCheds, August 25) pointed out that BTC’s break above 80,000 is very clean and it is now trying to push further.
Editor’s scenario: As of 18:30 CST, Binance’s latest BTCUSDT price is 79,317, with a 24-hour high of 81,273 and a low of 77,450. Tonight, we will only watch one path: first, expect consolidation/oscillation around 79,317 to 80,000. If it regains 80,000 and the subsequent retest does not break below 78,500, then look for 81,273; only if there is a breakout above 81,273 with increased volume should we discuss 82,000.
Invalidation criteria: A break below 78,500—especially if it is near 77,450—would indicate that acceptance above 80,000 has failed.
Risk: This is not trading advice. With high leverage, there can be consecutive liquidations during 1%–3% price swings. Do you think what matters more tonight is holding above 80,000, or defending 78,500?
#BTC #ETH #BNB
