8.25 Toujinke Gold Evening Review: Sideways Stalemate After Plunging From a New High! Gold Directional Choice Is Imminent Gold surged to 4696 in the morning session, a new high for this phase, but was immediately met with concentrated profit-taking selling, sending prices plunging rapidly to a phase low of 4618 within a short period. After the bearish momentum was fully released, bulls and bears became locked in a tug-of-war. On the 10-minute short-term chart, the consolidation pattern is already very clear: the 4666-4696 zone above forms a strong short-term resistance band, moving averages have flattened, and there is currently no clear one-way direction; MACD momentum continues to converge, with bullish and bearish forces approaching balance; KDJ is repeatedly intertwining around the midpoint, with a clear consolidation signal, and the range-bound pattern is highly likely to persist in the short term. Enter short positions on a rebound into the 4650-4670 range, targeting 4620 and 4600. $ETH $XRP #黄金 #ETH突破$2500

$ETH My long position got trapped again—what exactly is ETH trying to do? It drops as soon as I enter. Is it specifically targeting my position? I opened this long position around 2492, but shortly after entering, the price directly pulled back to around 2465, leaving me with another unrealized loss. ETH's current trend is quite frustrating. There is clear resistance around 2530, and every rebound to this level is followed by a pullback, with no breakthrough of the previous high. Looking at the chart, it's not that there is no upward momentum, but that the pressure from underwater positions and short-term profit-taking is too heavy. I am more inclined to believe this move is a range-bound shakeout, first flushing out highly leveraged long positions and reducing the market's long exposure. After all, to break directly above 2550, this pressure needs to be absorbed first; otherwise, the price could easily be hammered back down after moving higher. #BTC突破81000美元 I am still holding this trade according to the original plan. The key level to watch is the support around 2460. As long as the trend structure remains intact, there is no need to be scared out by a short-term wick.

Bitcoin Reference (August 25) $BTC $ETH