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 academicians 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.
Don't forget, the darkest moments are often just before dawn. On the road to pursuing dreams, you are never alone; you have me.
I am a warrior in the crypto circle, always protecting the retail investors. I wish my fans financial freedom by 2025. Let's work hard together!
Bitcoin (BTC)
The current price of Bitcoin is 112,350. It is now 1 AM Beijing time. Before this article was published, Bitcoin's daily K-line reached a high of 112,930. The market has once again reached the southern entry point. The daily line has virtually broken the EMA30 and EMA60 intersection point at 112,750, which is the southern entry point for reference. It is recommended to set the defense point above 113,500. If it breaks 114,000, you should consider stopping losses; if it doesn't break, you can continue to hold. The daily line has broken the middle track of the Bollinger Bands at 111,550, standing at a high position to form a short-term bullish trend. Bullish friends should pay attention to the Fibonacci retracement resistance level at 0.786, which is 113,800. The four-hour K-line has stood above the trend indicator, and MACD has continuously increased its position. The K-line has reached the upper track of the Bollinger Bands at 112,420. There is a short-term need for a pullback, so after ensuring safety in the south, you can hold with peace of mind. The rest is left to time; as for the north, it is not considered for now.
Short-term reference: Small losses and big gains are the goal.
Northern trial entry point: 110,000 to 109,500, defense at 109,000, stop loss at 500 points, target at 111,000 to 111,500, break point at 112,000.
Southern trial entry point: 112,700 to 113,300, defense at 113,800, stop loss at 500 points, target at 112,000 to 111,500, break point at 111,000.
Ethereum (ETH)
The current price of Ethereum is 4,345. It is now 1 AM Beijing time. Before this article was published, Ethereum's daily K-line reached a high of 4,383. A short-term pullback trend has appeared, but the daily line has not shown resistance clearly, and the bottom exploration has not ended. The main force has been consolidating around the EMA30 trend line at 4,280. Overall, the key resistance level is still around 4,480. The daily K-line currently faces resistance at the middle track of the Bollinger Bands at 4,432, while the lower track has risen to 4,080. The four-hour K-line has also shown a contraction, facing pressure at the top of the trend indicator at 4,370. Currently, there is a rebound, and MACD has continuously increased its position. However, DIF and DEA have not yet broken through the zero axis. The upper track of the Bollinger Bands has contracted to 4,351, and the lower track has come down to 4,250. Overall, the market is still in a box contraction phase, with back-and-forth price action, so try to minimize activity.
Short-term reference: Always set stop losses; safety first.
Northern trial entry point: 4,150 to 4,100, defense at 4,050, stop loss at 50 points, target at 4,200 to 4,250, break point at 4,300 to 4,350.
Southern trial entry point: 4,400 to 4,450, defense at 4,500, stop loss at 50 points, target at 4,350 to 4,300, break point at 4,250 to 4,200.
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 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 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.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。