Crypto Circle Academician: The bearish trend of Ethereum at 8.2 is strong, and the downside space is open! Latest market analysis and reference suggestions, along with ideas for unblocking long positions.

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11 hours ago

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 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!

Crypto Circle Scholar: August 2, 2025 Ethereum (ETH) Latest Market Analysis Reference

The current price of Ethereum is 3555. It seems that my choice to short at a high position has been validated. The opportunity to go south at 3890 was captured, and yesterday's pullback high point of 3800 provided another chance to go south. Today, it directly fell from 3700, breaking below 3600. The next step is the trend reversal point at the golden ratio 0.786 support at 3525. If it cannot hold, continue to short; if it holds, take profits on the way down.

Before publication, the daily high was 3722, and the low was 3535, breaking below the EMA15 trend indicator at 3615. Next, pay attention to the support at the Fibonacci level 3525 and EMA30 trend support at 3370. The MACD is decreasing in volume at a high level, increasing bearish momentum. The DIF and DEA are forming a death cross at a high level. The upper Bollinger Band pressure level has shifted down, breaking below 4100, and the middle band at 3585 has been lost. The fast line has entered a bearish trend, and pay attention to the lower Bollinger Band at 3065.

The four-hour K-line has reached the key support EMA120 trend line, coinciding with the 0.786 Fibonacci level at 3525, indicating that this position has strong support. Now it depends on whether it can hold. The MACD is continuously decreasing in volume, and the Bollinger Band is also expanding downwards. The K-line is continuously spreading downwards around the lower Bollinger Band at 3585. The main idea is to be bearish. Friends who want to go long can consider trying a position near 3525, with a stop loss if it breaks 3500. Don't cling to the battle. Friends who already hold short positions can also pay attention to this position to decide whether to stay or leave.

Short-term reference: Safety first. Remember that there is no 100% certainty in the market, so always set stop losses. Safety first; small losses and big profits are the goal.

For long positions, try entering between 3400 and 3370, with a defense at 3340 and a stop loss of 50 points. The target is 3450 to 3500, and if it breaks, look at 3550 to 3600.

For short positions, try entering between 3650 and 3700, with a defense at 3730 and a stop loss of 30 points. The target is 3600 to 3550, and if it breaks, look at 3500 to 3450.

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 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. Don't 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 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 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.

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