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.

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 scholar in the crypto circle, a warrior who has always protected the retail investors. I wish my fans financial freedom by 2025. Let's work hard together!

Bitcoin (BTC)

The current price of Bitcoin is 112,450. It is now 1:30 AM Beijing time. Before this article was published, Bitcoin's daily K-line reached a high of 112,500. The first entry point for the southward movement has already been hit. The remaining focus is on the upper 0.786 resistance level at 113,800. As long as the main force does not stand above 786, you can hold. If it does, remember to clear your position and exit. Currently, the resistance level on the daily K-line is obvious. The first resistance level for a short-term bullish counterattack is at 113,000, where the trend indicator overlaps. The middle track of the Bollinger Bands also forms effective pressure. The four-hour K-line has reached the top EMA120 of the trend indicator, and the MACD shows a slight top divergence with unchanged volume. The DIF and DEA have broken the 0 axis and are above it. The K-line has been blocked by the upper track of the Bollinger Bands at 112,550. Therefore, the 112,500 resistance level can be effectively held southward. Make sure to defend and set stop-losses. Since the market has entered the trading range, the remaining task is to execute 100%.

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

Northward trial entry point: 106,000 to 105,500. If it breaks, look at 105,000. Stop-loss at 500 points. Target at 107,000 to 107,500. If it breaks, look at 108,000.

Southward trial entry point: 112,500 to 113,000. If it breaks, look at 113,500. Stop-loss at 500 points. Target at 112,000 to 111,500. If it breaks, look at 111,000.

Ethereum (ETH)

The current price of Ethereum is 4,480. It is now 1:30 AM Beijing time. Before this article was published, Ethereum's daily K-line reached a high of 4,485. It has already made several southward attempts at this position. The strategy remains unchanged: enter after reaching the target, defend, set stop-losses, and exchange time for space. The daily K-line has broken the trend's top resistance level at the middle track of the Bollinger Bands. Additionally, the main force has continuously tested the EMA30 support at 4,275. The effective space for a short-term bullish trend is now limited. The upper track of the four-hour K-line has not yet broken, and the 4,500 round number resistance is very strong, so it is important to pay attention to this. The trend indicator is contracting, and the MACD has been continuously increasing. The DIF and DEA have golden crosses upwards, so it is not ruled out that the pressure level may be broken in the short term. Therefore, be prepared for the psychological readiness of profit and loss.

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

If the upper level of 4,470 to 4,500 does not break southward, defend at 4,530, stop-loss at 30 points, target at 4,420 to 4,370, and if it breaks, look at 4,330.

If the upper level of 4,500 to 4,530 breaks northward, defend at 4,470, stop-loss at 30 points, target at 4,580 to 4,620, and if it breaks, look at 4,665.

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 summarize 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 in investing. When a trend comes, respond to it 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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