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 persist. Only those who survive in the crypto space for the long term and stick it out until the end can achieve the results they desire. I hope you understand this.

Don't forget, the darkest moments are often just before dawn. On the road to pursuing your dreams, you are never alone; you still 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!

The current price of Bitcoin is 109,200. It is now 1:30 AM Beijing time. Before this article was published, the highest price on the daily K-line was 109,750. Yesterday, the main force created a false breakout above 110,000 before pulling back to 109,000. The current resistance point on the daily line is at the EMA120 position of 110,700, with the second resistance at 111,300. Support levels to watch are the lower Bollinger Band at 108,850 and 108,200. The four-hour K-line has formed a descending triangle flag pattern, with short-term resistance still at the 110,000 mark. Both the fast and slow trend lines indicate a main bearish trend. The MACD bottom divergence is still extending, and the DIF and DEA golden cross trend K-line has not stretched, indicating insufficient upward momentum from the main force. The middle Bollinger Band is at 110,400, and after the main force pulls back, consider moving south. Before that, the market is likely to move sideways around the 109,000 line.

Short-term reference:

For moving north, consider 108,500 to 108,000, with a defense at 107,500, stop loss at 500 points, and a target of 109,000 to 109,500. If broken, look at 110,000.

For moving south, consider 110,000 to 110,500, with a defense at 111,000, stop loss at 500 points, and a target of 109,500 to 109,000. If broken, look at 108,500.

The current price of Ethereum is 3,985. It is now 1:30 AM Beijing time. Before this article was published, the highest price on the daily K-line was 4,038. After a sharp drop and rise, what remains is sideways consolidation. The current trend is still bearish, and the daily K-line is struggling to break through 4,100. Watch the first support at 3,920 and the lower Bollinger Band support at 3,900. The four-hour K-line has broken below the EMA15 trend line at 4,010. The next support to watch is the golden ratio line at 0.618 at 3,965. The MACD bottom divergence continues, and the market is likely to continue challenging the previous low. Therefore, friends moving south can continue to hold and are not in a hurry to exit. Currently, the middle Bollinger Band at 4,005 has lost support and turned into resistance. The lower band support to watch is at 3,850, with a main bearish mindset.

Short-term reference:

For moving south, consider 4,050 to 4,100, with a defense at 4,150, stop loss at 40 points, and a target of 4,000 to 3,950. If broken, look at 3,900 to 3,850.

For moving north, consider 3,850 to 3,800, with a defense at 3,750, stop loss at 50 points, and a target of 3,900 to 3,950. If broken, look at 4,000 to 4,050.

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, and the suggestions are for reference only; risks are to be borne by yourself.

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 to be borne by yourself. 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 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 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。