Cryptocurrency Academy: On July 23, the medium to long-term trend for Ethereum is bullish, but the short-term has already entered a bearish phase! With "ice and fire" in contrast, how should one choose? Latest market analysis and operational advice explained.

CN
12 hours ago

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.

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Crypto Circle Scholar: July 23, 2025, Ethereum (ETH) Latest Market Analysis Reference

The current price of Ethereum is 3700. It is now 1:30 AM Beijing time. I never believed in the evil, but now I do. You can delete those bloggers who blindly encourage retail investors to go long. This wave of decline has exceeded 200 points. The title yesterday was eye-catching, right? It is normal for the main force to raise the price and then sell off. It is not very meaningful to chase highs and sell lows and then look for me again. The same thought process as yesterday: for those who want to go north, wait for the main force to retest the Fibonacci retracement level of 0.786 support around 3525 before considering it. For now, hold onto your chips and survive.

Before the article was published, the daily K-line reached a high of 3800 and a low of 3615. The EMA trend indicator remains bullish. The EMA15 fast line support has broken 3300 and will continue to stretch. However, the K-line pullback has not yet reached the retracement support around 3525. Those who want to go north can wait a bit longer. The MACD shows divergence, and the DIF and DEA are slowing their upward expansion at high levels, indicating weakening bullish momentum. The upper Bollinger Band has not decreased and continues to stretch, having reached 3940, while the bottom support is also moving up. Overall, the trend remains bullish.

The four-hour K-line is still stretching above the EMA trend indicator. The K-line has temporarily broken the middle line of the Bollinger Band at 3715. The MACD and KDJ indicators show enhanced bearish momentum, and the short-term trend is leaning bearish. Overall, the lower space has not yet been reached. Only the medium to long-term trend is bullish, while the short-term has entered a bearish phase. For those who have not entered the market, you can wait patiently for further bottoming before entering to go north.

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

For southward testing points, 3910 to 3950, with a defense at 4000, stop-loss at 50 points, and a target of 3850 to 3800. If broken, look at 3750.

For northward testing points, 3600 to 3550, with a defense at 2500, stop-loss at 50 points, and a target of 3700 to 3750. If broken, look at 3800 to 3850.

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 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 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 the problem lies. 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-losses and take-profits 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.

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