The academician of the coin circle has been investing in the coin circle for more than a decade. In your eyes, there is a hundredfold leverage profit, while I am considering the abyss of risk. The mindset determines the way out, and the perspective on the market determines whether you will take risks for profit, while I will let go of a deal for the sake of avoiding risks. The academician team of the coin circle has carefully formulated a complete set of profit and break-even plans for you. When you join, we will think hard for you and escort every penny of your profit. Finally, I would like to remind everyone: strength is not for showing off, but for gaining more recognition. It is more important to do well on your own than to seek validation from others. Whether it's a mule or a horse, take it out for a walk and you'll know. In one's position, plan one's affairs. I have been tirelessly advising, hoping that you can take fewer detours and make fewer mistakes in this market. Even though I advise earnestly, the road of investment still needs to be walked by oneself. Learning is endless, and only when you have gained experience is it your wealth!

Bitcoin price hits a new high: Bitcoin has recently achieved remarkable performance, breaking through historical records. Currently, the price of Bitcoin has exceeded $72,800, setting a new all-time high. This is due to the widespread recognition of Bitcoin in the market and its increasing adoption.

Implementation of EIP (Ethereum Improvement Proposal): The Ethereum community is promoting the improvement and upgrade of the network through EIP. Recently, some important EIPs have been proposed and implemented to improve the functionality and performance of Ethereum. These proposals include EIP-1559 (transaction fee reform) and EIP-3540 (difficulty bomb delay), which help to enhance user experience and network efficiency.

The academician of the coin circle wishes fans to achieve financial freedom in 2024. Keep it up!

Bitcoin (BTC) Market Analysis Reference for 2024.3.12

The market arrived as expected, and it's similar to the anticipated scenario. The big cake has once again reached a new high. As of now, the highest point for the big cake is $72,855, not far from the $100,000 mark boasted by Wall Street. Yesterday, it was mentioned that after stabilizing above the standing point of 67,500 on the daily K-line, there would be a wave of extension. After this extension breaks the new high, it will seek a new standing point again. With two major trend indicators showing a top divergence, the daily K-line is currently at a high point. Those who are cautious should pay attention to the upper pressure levels of 75,800 and the 75,000 range. If they are not broken, they can lay out a short position. On the downside, pay attention to the 65,300 and 65,800 ranges.

The short-term 4-hour K-line is being blocked at the 73,000 integer mark and has been testing above it. In the short term, there may be another pullback, with attention to the vicinity of 69,000 below. If it doesn't break, a light long position can be taken with a stop loss of 500 points. The MACD volume has started to decrease, and the KDJ is closing downward. It is expected that the market may have a high probability of luring short positions, so be cautious and prepared on both sides.

Suggested mindset:

Long position if not broken below 69,000-69,300, with targets at 69,800-70,300-70,800. If broken, look at 71,200, with a stop loss of 300 points.

Short position if broken below 69,000-68,800, with targets at 68,300-37,700-67,000. If broken, look at 66,600, with a stop loss of 300 points.

Strictly adhere to profit and stop-loss, and specific operations should be based on real-time strategies. The suggestions are for reference only, and risks are self-managed.

Ethereum (ETH) Market Analysis Reference for 2024.3.12

The Ethereum market surged too fast yesterday, and with the weekly and monthly lines both showing 7 consecutive gains, such a market scenario is rare in history. The upward trend can be seen on the daily K-line, always supported by the EMA moving average. After the K-line probed below the EMA10 yesterday and then stretched in the opposite direction, the amplitude of the up and down movements was close to 10%. As of now, Ethereum's highest point is above 4,096, with attention to the resistance level of 4,220 and the support level of 3,815.

In terms of the short-term trend, look at the current market on the 4-hour chart. The K-line is currently trading sideways above the EMA10, and it is not expected to stretch until it stabilizes above the 4,000 mark. It is suggested to focus on low long positions, with attention to the 4,000 integer mark and the support point of 3,910 below. After the MACD volume has decreased, the DIF and DEA are being resisted in the upward direction. The upper Bollinger Band pressure level of 4,080 still has strong resistance, and the short-term support at 3,950 is not very strong.

Suggested mindset:

Short position if not broken above 4,080-4,090, with targets at 4,050-4,020-4,000. If broken, look at 3,960, with a stop loss of 30 points.

Long position if broken above 4,090-4,100, with targets at 4,130-4,160-4,190. If broken, look at 4,220, with a stop loss of 30 points.

Strictly avoid heavy positions, and risk control is paramount. The market changes rapidly, so do not be greedy. Specific operations should be based on real-time strategies, and the analysis is for reference only. Risks are self-managed.

The academician of the coin circle's message: If you are new to the market, come to me, and I will teach you to learn while operating. If you are already in the market and not doing well, you can come to me, and I will help you so you won't make the same mistakes again. If you have been struggling in this market and are battered, you might as well come to me, and I will help you regain your confidence. If your position is trapped, I will provide a reasonable solution based on your entry point. Because everyone's trapped point is different, the methods for getting out will also be different. Some are suitable for the cautious, and some are suitable for the aggressive. However, I cannot provide a perfect answer for everyone here. The academician of the coin circle suggests that you bring your position. As long as you find the academician of the coin circle, I will definitely use the most suitable method to solve your problems and assist you in getting out.

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