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 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: March 8, 2025 Ethereum (ETH) Latest Market Analysis Reference

The current price of Ethereum is 2170. It is now 2 AM Beijing time. The long position at 2000 did not wait for the take profit at 2400 and finally took profit at 2150 after a pullback, securing a space of over a hundred points. From the order book, the bullish momentum is still insufficient, and the bearish pressure is strong. There are currently no suitable short opportunities, so I will not consider going south for now. I will wait for a chance to enter after breaking below 2070.

Before publishing, the daily K-line had a high of 2260 and a low of 2100. A large-scale market has shown a bottom divergence. The EMA trend indicator's fast and slow lines have widened. The EMA15 fast line has reached 2350, while the EMA30 is still above 2500, indicating a significant pullback space above. The MACD shows a decrease in volume with K-line divergence moving downwards, and the Bollinger Bands are still opening downwards. The lower band support has broken below 2000, with the middle band focusing on 2465. In the short term, the bearish trend remains.

The four-hour K-line is contracting, entering the initial phase of a descending triangle. The MACD is fluctuating with volume changes, and the DIF and DEA are alternating repeatedly. Coupled with the extreme contraction of the Bollinger Bands, the market is entering a consolidation phase, which is basically taking shape. The upper pressure level to watch is 2310, and the lower support level is 2100. The strategy is to consider shorting if the pressure level is broken, and similarly consider going long if the support is broken.

Short-term reference: Safety first. Remember that 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 2100 to 2050, with a stop-loss at 2000, risking 50 points, and targeting 2200 to 2250, with a breakout target of 2300.

For going short, the trial entry point is 2300 to 2350, with a stop-loss at 2400, risking 50 points, and targeting 2250 to 2200, with a breakout target of 2150.

Specific operations should be based on real-time data from the order book. For more information, you can consult the author. There may be delays in article publication, and the suggestions are for reference only; risks are to be borne by you.

This article is exclusively contributed by the Crypto Circle Scholar and represents the scholar's unique perspective. 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 to be borne by you. 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 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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