Cryptocurrency Academician: On July 29, Ethereum surged and then fell back, beware of the collapse of the "castle in the air"! Latest market analysis and reference suggestions.

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19 hours ago

Don't forget, the darkest moment is often just before dawn. On the road to chasing dreams, you are never alone; you have me.

I am a scholar in the cryptocurrency circle, a warrior who has always been protecting the retail investors. I wish my fans financial freedom by 2025. Let's keep pushing forward together!

Scholar in the cryptocurrency circle: Ethereum (ETH) latest market analysis reference as of 2025.7.29

The current price of Ethereum is 3785, and the trend is bullish. However, it is likely driven by the sentiment surrounding Ethereum's tenth anniversary. The lack of volume in the main force's stretch indicates a problem. Otherwise, I wouldn't have been reminding everyone not to chase the rise these past few days. If you want to trade, you can try going south, but don't go north as there is a high probability of hitting the ceiling. At this time, chasing the rise carries more risk than reward. In trading, the first thing we consider is survival; stay alive and don't panic when the market comes.

Before the release, the daily K-line reached a high of 3940 and a low of 3770. The EMA trend indicator is still showing an overall bullish trend. The EMA15 trend K-line has reached 3560, providing support for a pullback. The MACD shows a top divergence with decreasing volume, and the DIF and DEA are contracting at a high level. The Bollinger Bands are stretching upwards but slowing down, maintaining at 4140, while the lower band has broken 3400. Overall, the daily trend is starting to show a contraction. Even if the main force does not have a significant bearish trend, the high-level sideways space is around 200 points, and it may be worth considering trying to go south after the next wave of highs.

The four-hour K-line has pulled back more than 150 points after reaching a high. The K-line has broken below EMA15 and is now testing the lower EMA30 support point at 3760. We need to see if this wave can hold 3780. If it cannot hold, it will continue to drop. Pay attention to the trend overlap points at 3635 and 3655 as the first support range. The MACD has ended its volume increase and is starting to decrease. The DIF and DEA are entering a dead cross. If the Bollinger Bands fail to hold, a dead cross will form, creating a short-term technical bearish trend. If it does not fail, wait for a pullback and break the previous high before looking for opportunities to go south.

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

Southern trial entry point: 3900 to 3950, with a defense at 4000, stop loss at 50 points, target looking at 3850 to 3800, and if broken, looking at 3750 to 3700.

Northern trial entry point: 3700 to 3650, with a defense at 3600, stop loss at 50 points, target looking at 3750 to 3800, and if broken, looking at 3850 to 3900.

Specific operations should be based on real-time market data. For more information, you can consult the author. The article may have a delay in publication, so it is suggested for reference only, and risks are borne by the reader.

This article is exclusively contributed by the scholar in the cryptocurrency circle 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 the reader. 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 your own issues and 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 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 excellence, and art rewards passion. Gains and losses often happen unexpectedly. Develop the habit of strictly setting stop losses and take profits for each trade. The scholar in the cryptocurrency circle 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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