Academician of the Cryptocurrency Circle: After Bitcoin reached a new high on May 24, "bloody romance," who is celebrating, and who is crying? Latest market analysis reference.

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5 hours ago

The essence of trading is survival, followed by 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 academicians may not make you rich overnight, they can help you persist. Only those who survive in the crypto space for the long term and stick it out until the end can achieve the results they desire. I hope you understand this.

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

Crypto Circle Academician: May 24, 2025 Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 108,500. It is now 1:30 AM Beijing time. After breaking the historical high, the bloody romance may make you lose faith, but it's actually quite simple. I hope you can survive in this circle. It is well known that this wave of stretching and breaking historical records has nothing to do with retail investors, so don’t embarrass yourself trying to chase it. What you need to do is to hold onto your chips and rest. At least this week’s market has ended; what remains is the mental grind, which is mainly for those who are holding positions.

The daily K-line has a high of 111,800 and a low of 107,300. Observing the EMA15 trend fast line support, it has reached 105,000 and continues to rise. It is expected to provide the first support point for the K-line around 106,000. The second support point to watch is 102,000, which is also where we start testing positions. The MACD top divergence trend has not ended, and the volume has significantly decreased. The DIF and DEA are still expanding at a high level. The K-line has retreated from the upper Bollinger Band, and we should pay attention to the middle Bollinger Band support at 103,400. The market is still at a high level after returning from extreme overbought conditions, so don’t rush to get in.

The four-hour K-line shows a top divergence gap fill, which has ended the divergence. The K-line has returned to the trend indicator. Support is near EMA30 at 108,000. The MACD is reducing volume and increasing positions. The DIF and DEA are crossing downwards, indicating that there may still be a possibility of further downward movement. Pay attention to the lower Bollinger Band support at 105,000 after the contraction. Currently, the trend has dropped by 5,000 points. According to the trend, fluctuations exceeding 10,000 points are quite normal, so do not consider getting in until Bitcoin has deeply tested the bottom. It is better to wait and observe, focusing on other mainstream coins.

Short-term reference: The market is never 100%, so always set stop-losses. Safety first; small losses with big gains are the goal.

Aggressive traders can buy at 107,500, with a stop-loss at 107,000, risking 5,000, targeting 1,000 to 3,000 points.

For northern testing positions, buy between 103,000 to 102,500, with a stop-loss at 101,000, risking 500 points, targeting 104,500 to 105,500, and if broken, look at 106,500.

For southern reference points, sell between 112,500 to 113,000, with a stop-loss at 113,500, risking 500 points, targeting 109,000 to 108,500, and if broken, look at 108,000.

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; the suggestions are for reference only, and risks are borne by the reader.

This article is exclusively contributed by the Crypto Circle Academician and represents the unique views of the Academician. 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 views and suggestions may not be real-time and are for reference only. Risks are borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The Academician also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where your issues lie. Don’t let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, respond and follow 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 precision, and art rewards passion. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The Crypto Circle Academician 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.

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