The essence of trading is survival, and only then comes profit. Therefore, before each operation, think carefully about whether your actions are reasonable and whether your capital is safe. You need to develop a trading mindset that belongs to you, continuously optimizing and improving it. Although the suggestions from the crypto circle scholars may not make you rich overnight, they can help you stay in the game. Only those who survive in the crypto space for the long term and persist until the end can achieve the results they desire. I hope you understand this.

Don't forget, the darkest moments are often just before dawn. On the road to pursuing dreams, you are never alone; you still have me.

I am a warrior in the crypto circle, always protecting the retail investors. I wish my fans financial freedom by 2025. Let's work hard together!

Crypto Circle Scholar: May 8, 2025 Ethereum (ETH) Latest Market Analysis Reference

The current price of Ethereum is 1805. It is now 3:30 AM Beijing time. Let's review first. Yesterday, it rose to around 1750, and before this article was published, it reached a maximum of 1850. This is a typical case of the main force driving the price up to sell off, which has happened many times before. Whether it goes south or north, this trend is common, so do not open positions casually. Wait for key points and patterns to appear before entering the market; this will increase your winning rate.

The daily K-line reached a maximum of 1850 and a minimum of 1785, just standing on the EMA trend indicator's support at 1785. The overall trend has entered a phase of horizontal contraction, including large-scale trend indicators that are also contracting. The MACD volume is decreasing. If the K-line cannot hold above 1780, the DIF and DEA will form a death cross, strengthening the bearish trend. The upper track is at 1935, and the lower track support is at 1760. Both the resistance and support points are moving downwards.

The four-hour K-line shows a door pattern. After the main force peaked, it began to retreat and has now fallen into the EMA trend indicator. It is blocked by the EMA90 support at 1787. The MACD volume is decreasing, and the DIF and DEA failed to break the 0 axis. The upper Bollinger Band is at 1850, and the lower band is at 1770. Overall, the bearish trend is strong, and the possibility of a significant bearish trend cannot be ruled out. Friends looking to buy the dip can wait and see if there are opportunities to do so.

Short-term reference: Safety first. Remember that market conditions are never 100% certain, so always set stop-loss orders. Safety first; small losses and big profits are the goal.

For a northward trial position, the entry point is 1760 to 1780, with a defense at 1740, a stop-loss of 30 points, and a target of 1800 to 1840. If it breaks, look at 1870.

For a southward trial position, the entry point is 1830 to 1850, with a defense at 1870, a stop-loss of 30 points, and a target of 1800 to 1790. If it breaks, look at 1760.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication, and the suggestions are for reference only; risks are to be borne by you.

This article is exclusively contributed by the Crypto Circle Scholar and represents the scholar's unique viewpoint. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above viewpoints and suggestions may not be real-time and are for reference only; risks are to be borne by you. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The scholar also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where your issues lie. Do not let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, respond to it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Heaven rewards diligence, the earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards passion. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop-loss and take-profit for each trade. The Crypto Circle Scholar wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。