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 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.
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Crypto Circle Academician: June 7, 2025 Bitcoin (BTC) Latest Market Analysis
The current price of Bitcoin is 104,700. It is now 1:30 AM Beijing time. After dropping from around 106,000 and taking profits near 101,500, the main force began to rebound. There are many bullish voices in the market. After the drop, they say to look for 85,000, and after the rise, they say to look for 200,000. Unfortunately, I am not a hacker; otherwise, I would really like to trace back to see where these statements originated, to clarify the confusion.
Before the publication, the daily K-line reached a high of 105,350 and a low of 101,095. As long as it does not break yesterday's high of 105,910, the market is not considered to have rebounded. The trend is still primarily downward. The head and shoulders pattern at the daily level has already formed. At the end, there is a rebound. Currently, it is blocked by the EMA15 trend fast line support at 105,150. If the upper pressure is effective, then it can try to go south. The first support to watch is the EMA30 support at 103,700, for a simple reason: it’s the weekend. The second support to watch is the 100,000 mark. The MACD is shrinking without change, and the DIF and DEA are expanding downward, approaching the 0 axis. The K-line has stood on the lower Bollinger band support around 101,900 for two consecutive days and is currently blocked by the middle track at 106,600.
The four-hour K-line V-shape transition has reached the EMA trend indicator top pressure level near 105,200. The pressure is effective. The MACD has ended continuous shrinking and started to expand. The DIF and DEA have formed a golden cross below the 0 axis, indicating that in such a strong bearish situation, the bulls are trying to attack. The K-line has broken through the middle Bollinger band at 104,500. The next position is 107,150. Can it reach there? Don’t forget that the bears currently dominate. The suggested strategy is to primarily short at high positions and support with low longs. Do not chase the rise.
Short-term reference: The market is never 100% certain, so always set stop losses. Safety first; small losses and big gains are the goal.
For going long, the trial entry point is between 102,000 and 101,000, with a defense at 100,000, stop loss at 500 points, and a target of 103,000 to 104,000. If it breaks, look for 105,000.
For going short, the reference point is between 105,000 and 106,000, with a defense at 107,000, stop loss at 500 points, and a target of 104,000 to 103,000. If it breaks, look for 102,000.
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 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 are not 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!
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