Bitcoin

August 24, 2025 at 21:11

Bitcoin targets 114k, ETH 5k/5.2k, SOL limit canceled — market still in flux

I updated my Bitcoin stance with a take profit at 114k. For Solana I canceled the limit order and it won’t reach it now. Ethereum stays the same, with take profits around 5000/5200. I’m watching these levels closely and will adjust as momentum shifts.

Analysis

Bitcoin has cleared a clear profit target at 114k, signaling a potential shift in local momentum or a consolidation phase after a run. The move suggests risk orchestration is favoring exits at or near that resistance, which could lead to a pause or a retest before new directional moves emerge.

Solana’s limit order cancellation indicates a reassessment of entry/exit levels or a lack of conviction to push toward the previous target. This reduces near-term directional pressure on SOL and may keep it range-bound until fresh catalysts appear.

Ethereum’s unchanged take-profit zones at 5000, 5200 imply a continuation of the current upside risk-reward profile, though the absence of new catalysts could keep volatility elevated. Overall, the setup favors monitoring kickpoints and waiting for confirmatory moves rather than adding positions aggressively.

Recommendation

Monitor the 114k level on Bitcoin for potential pullbacks or a breakout, using tight risk controls if price actions threaten the take-profit target. Consider scaling out in tranches if volatility returns, rather than stacking more risk at resistance.

Keep Solana under observation; with the limit canceled, avoid new aggressive entries until SOL shows sustained momentum beyond nearby resistance zones. If price stabilizes, a cautious stance with small position adjustments could be warranted.

For Ethereum, stay patient around the 5000/5200 zone. If ETH can breach and sustain above 5200 with supportive volume, reassess upside exposure; otherwise, focus on risk-managed exits or passive exposure until clearer direction emerges.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.