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 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.

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 Academician: Latest Bitcoin (BTC) Market Analysis

The current price of Bitcoin is 116,100. It is now 1 AM Beijing time. The daily K-line reached a high of 117,300. A single statement from Powell caused Bitcoin to surge violently by over 5,000 points. The original plan was to hold on after a high point and eventually exit completely at 114,500. I took profits on the short position at 116,500. Now, we are back to waiting for opportunities with no positions. It is still uncertain whether the daily line will form a right shoulder; we can only decide after the market breaks the middle track. The middle track of the Bollinger Bands at 116,660 has been lost. A large bullish candle on the four-hour K-line broke the key resistance at 114,500. The MACD bottom divergence trend has been reversed, and the K-line has broken the upper track of the Bollinger Bands at 115,800. Overall, the market has returned to a high-level balance point, and it is possible that the main force will consolidate around the middle track of the Bollinger Bands during the day.

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

For a downward move from 115,000 to 114,500, defend at 114,000, with a stop loss of 500 points. The target is 115,500 to 116,000, and if broken, look at 116,500 to 117,000.

For a downward move from 118,500 to 119,000, defend at 119,500, with a stop loss of 500 points. The target is 118,000 to 117,500, and if broken, look at 117,000 to 116,500.

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

The current price of Ethereum is 4,750. It is now 1 AM Beijing time. The daily K-line reached a high of 4,781. The daily line has directly performed a rapid rise, with the market moving from the 4,000 mark to the previous high of 4,794 in just a few days. After moving down from 4,750 and 4,550, the market broke the top of the box at 3,550, forcing a complete exit. The current rapid rise should not be chased; wait for a pullback. After the pullback, wait for the pattern to confirm before moving down. Before that, stay out of the market and preserve your capital to survive. Pay attention to the daily Bollinger Bands upper track resistance at 4,920; after reaching it, decide based on the trading volume. The four-hour K-line has tested the rising trend line support twice, reversing the bearish trend to a bullish trend. Do not chase the bullish trend at historical highs; wait for opportunities to test positions. It’s okay to make mistakes; the trading process will always have losses. Always use stop losses and don’t force trades.

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

For a downward test position from 4,800 to 4,850, defend at 4,900, with a stop loss of 50 points. The target is 4,750 to 4,700, and if broken, look at 4,650.

For a downward test position from 5,250 to 5,300, defend at 5,350, with a stop loss of 50 points. The target is 5,200 to 5,150, and if broken, look at 5,100.

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 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 Academician also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on your own issues and 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 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 using stop losses and take profits for every trade. The Crypto Circle Academician wishes you happy investing!

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