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 scholars may not make you rich overnight, they can help you stay in the game. Only those who survive in the crypto world 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 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: Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 112,300. It is now 1:30 AM Beijing time. The highest point before this report was 114,800. I remind everyone that the large-scale bearish trend continues. In the short term, the bullish position at 113,000 should be taken profit at 114,500. The entry point for the downward trend has accurately hit the highest point six times in a row, so you can continue to hold your position. The current key support to watch is the lower Bollinger Band support at 111,000 and the EMA90 trend support at 111,400 on the daily chart. There is a high probability that the remaining time this week will consolidate in the range of 110,000 to 114,000. The 4-hour K-line roller coaster has reached the bottom support at 112,000. The MACD has entered a bearish trend. If it cannot hold above 112,000, it is very likely to challenge the 110,000 mark. The current strategy is temporarily bearish. After confirming the support level, you can consider trying long positions, but be sure to set stop losses and prioritize risk over profit.

Short-term reference: Small losses and big gains are the goal.

For upward movement: 112,000 to 111,500, with a stop at 111,000, stop loss of 500 points, and a target of 113,000 to 113,500. If broken, look for 114,000 to 114,500.

For downward movement: 114,500 to 115,000, with a stop at 115,500, stop loss of 500 points, and a target of 113,500 to 113,000. If broken, look for 112,500 to 112,000.

Crypto Circle Scholar: Ethereum (ETH) Latest Market Analysis Reference

The current price of Ethereum is 4,200. It is now 1:30 AM Beijing time. The highest point on the daily K-line for Ethereum is 4,258. Indeed, influenced by the market, it is very difficult for Ethereum to continue to stretch in the short term. The daily line alternates between bullish and bearish, standing at the Fibonacci retracement level, showing a downward pullback. The situation is not optimistic. Bullish friends should prepare for the worst. We can continue to hold our positions as long as the pullback does not break below 4,550. Watch the daily trend support at 4,000 and the 0.786 support at 4,065. The 4-hour K-line's upward trend support coincides with the EMA120 support at 4,150. In the short term, we will focus on this position. If it breaks below this level, we will follow the trend and go bearish. Before that, do not consider upward movement. The market sentiment is bearish, especially with recent large whales cashing out at high positions, which has a significant impact on Ethereum.

Short-term reference: Always set stop losses; safety first.

For downward trial positions: 4,300 to 4,350, with a stop at 4,400, stop loss of 50 points, and a target of 4,250 to 4,200. If broken, look for 4,150 to 4,100.

For upward trial positions: 4,100 to 4,050, with a stop at 4,000, stop loss of 50 points, and a target of 4,150 to 4,200. If broken, look for 4,250 to 4,300.

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.

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