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: August 7, 2025, Ethereum (ETH) Latest Market Analysis Reference
The current price of Ethereum is 3680. It is now 2:40 AM Beijing time. Previously, a target of 3720 was set for a downward move, but ultimately the main force did not break below the support at 3550 and retraced, breaking 3600 to take profits of 120 points. The take profit was not at the lowest point but at the retracement point. Currently, there is no clear signal for upward movement, so we will not consider going down for now. We will wait for a clear signal before making any downward moves. For now, let's hold back and wait for opportunities and signals.
Before the publication, the daily K-line stabilized above the 786 Fibonacci retracement level, showing a sideways contraction. From the overall market trend, it leans more towards bearishness. Many speculative funds are pulling up, leading to many retail investors taking profits. Regardless, the main force will still test the 3000 mark. For us small investors, finding opportunities to go down is much less risky than going up. The MACD is reducing in volume, but the market still shows a trend of top divergence. The DIF and DEA are expanding downwards above the 0 axis, and the Bollinger Bands are contracting. The upper resistance level has reached 3918, while the lower band has stretched to 3435. A triangular contraction pattern has emerged.
In the four-hour K-line, the triangular contraction is more evident. The K-line has reached the upper resistance level of the downward trend line at 3700, with the upward trend line support around 3600. The MACD has been continuously increasing in volume, with the DIF and DEA breaking the 0 axis and moving to higher levels. The K-line is currently in a sideways movement within the upper channel of the Bollinger Bands, and it is below the upper resistance level of 3733. For short-term trading, you can continue to go down above 3700, with a stop loss set above 3750, while paying attention to the mid-band support at 3600. If the main force retraces to the mid-band, you can also try going up. The strategy is to capture the high and low points in a back-and-forth manner, with a manual stop loss of 30 to 50 points if it breaks below 3600.
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 are the goal.
For upward testing, the entry point is 3610 to 3590, with a stop loss of 50 points and a target of 3650 to 3700. If it breaks, look at 3730.
For downward testing, the entry point is 3700 to 3730, with a stop loss of 50 points and a target of 3650 to 3600.
Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in the publication of this article, so the suggestions are for reference only, and risks are borne by the reader.
This article is exclusively contributed by the Crypto Circle Scholar and represents the scholar's unique perspective. 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 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. Hard work is rewarded, integrity is valued, and excellence is pursued. 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!
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