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 form 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 ensure your continued presence. 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.

Don't forget, the darkest moments are often just before dawn. On the road to pursuing 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!

Crypto Circle Scholar: Bitcoin (BTC) Latest Market Analysis on 2025.10.23

The current price of Bitcoin is 108,200. It is now 3:30 AM Beijing time. The practical details have been updated. The southward movement at 113,500 has not completely exited; only a portion was sold at 106,500, while the rest continues to move south. A base position must be retained because the bearish trend is very obvious. Instead of increasing positions with floating profits, I am taking profits in batches. Let's proceed steadily.

The daily K-line has surged to the top of the EMA trend, then retreated to test the strength of the golden ratio 0.618 support. The trend support is very strong in the short term. Based on the strength of the test, it will continue to dip, and the 618 level will eventually be lost. How much can be captured before that depends on the ability of the crypto friends. Those who have entered at high positions can hold on with peace of mind. If the market returns to the high point, they can continue to make up for what was reduced. The EMA trend indicator shows a downward divergence of the dual lines, and the MACD shrinking indicates that the intraday market will consolidate above 106,500, with further dips needing to brew.

The four-hour K-line shows enhanced bearish momentum. The K-line is currently consolidating above the short-term 786 support at 106,800. The high point is blocked by the EMA30 short-term resistance at 109,200, and the mid-line pressure remains around 111,000. The MACD is shrinking and accumulating, with the DIF and DEA returning below the 0 axis. The K-line is blocked by the Bollinger Bands at the middle line of 109,500 and the lower line of 106,400. This is a short-term box structure with limited space. Although there are profits to be made in the short term, I still recommend considering a southward move above 111,000 for more stability.

Short-term strategy reference: The market is never 100% certain, so always set stop losses. Safety first; small losses and big gains are the goal, especially when breaking key pressures and supports. Stop losses must be executed; do not hold onto losing positions.

Northward trial entry point: 107,000 to 106,500, with a defense at 106,000 and a stop loss of 500 points. The target is 107,500 to 108,000, with a breakout target of 108,500 to 109,000.

Southward trial entry point: 111,500 to 112,000, with a defense at 112,500 and a stop loss of 500 points. The target is 109,500 to 109,000, with a breakout target of 108,500 to 108,000.

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 Scholar 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 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 goodness, 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 Scholar 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。