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 world for the long term and persist until the end can achieve the results they desire. I hope you understand.

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

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

Scholar in the crypto circle: Latest market analysis of Bitcoin (BTC)

The current price of Bitcoin is 121,450. It is now 1 AM Beijing time. Yesterday's article suggested a downward strategy at 122,000, and a short-term profit-taking of one-third at 1,500 points. According to the market trend, all indicators have reached the top resistance level, and there is momentum to challenge the historical high. Therefore, friends trading downwards are advised to set a stop-loss at the historical high. The EMA trend indicators are all bullish, and the MACD has formed a high-level golden cross with continuous volume increase. Additionally, the daily K-line has broken the Bollinger Band upper resistance at 121,630. All indicators have now basically reached the resistance level, showing a momentum to push further. The four-hour K-line has already reached a high level, and the market remains in an upward channel. The MACD has ended its contraction and started to increase in volume. The DIF and DEA have formed a golden cross breaking 121,600, with the Bollinger Band upper resistance level to watch at 121,850. The strategy suggests that after breaking the upper resistance level, a contraction should occur before trading downwards, while temporarily holding a short position for upward trading.

Short-term reference: Small losses and big gains are the goal.

For upward trading: 119,000 to 118,500, with a stop-loss at 118,000, risking 500 points, targeting 120,000 to 120,500, and breaking out to look at 121,000 to 121,500.

For downward trading: 122,000 to 122,500, with a stop-loss at 123,000, risking 500 points, targeting 121,000 to 120,000, and breaking out to look at 119,000 to 118,000.

Scholar in the crypto circle: Latest market analysis reference for Ethereum (ETH)

The current price of Ethereum is 4,690. It is now 1 AM Beijing time, and the market continues to rise. There is no shortage of people chasing the market, especially in the crypto circle. Only when they hit a wall will they turn back. I hope all crypto friends are still here. Before publishing, Ethereum has already reached a high of 4,738 and a low of 4,562, marking another wave of unilateral stretching. The daily K-line is in a strong upward phase, with the most obvious technical indicators being the MACD and Bollinger Bands. The DIF and DEA have formed a golden cross above the zero line, and the K-line is stretching upwards around the Bollinger Band upper track at 4,572. Only the RSI has entered an extremely overbought situation, which needs attention. The four-hour K-line shows resistance at the top, and a short-term pullback is expected. Friends who like to trade very short can try a wave, while conservative friends should wait for a pullback to support before going long.

Short-term reference: Always set a stop-loss; safety first.

For downward trading: trial entry point at 4,700 to 4,750, with a stop-loss at 4,800, risking 40 points, targeting 4,650 to 4,600, and breaking out to look at 4,550 to 4,500.

For upward trading: trial entry point at 4,500 to 4,450, with a stop-loss at 4,400, risking 40 points, targeting 4,600 to 4,650, and breaking out to look at 4,700 to 4,750.

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 scholar in the crypto 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 summarize 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 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 comes 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-loss and take-profit for each trade. The scholar in the crypto 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 be cautious in distinguishing them. Thank you for reading.

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