Cryptocurrency Academician: Will Bitcoin Crash Again on March 10? The Bears Sweep In, When Will the Bull Market Return? Will the Current "Black Hole" Devour More Funds? Latest Market Analysis

CN
14 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 academicians 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.

I am a warrior in the crypto circle, always protecting the retail investors. I wish my followers financial freedom by 2025. Let's work hard together!

Crypto Circle Academician: March 10, 2025 Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 82,500. It is now 1 AM Beijing time, and our wait for the bottom has begun. From the 86,000 before yesterday's publication to now, it has already dropped by 3,000 points and continues to decline. The bearish momentum is still very evident. After breaking below 83,000, we can start testing positions, ensuring proper defense and stop-loss measures. The overall trend is similar to what was mentioned earlier. If the main force breaks below 85,000, a vacuum zone of 10,000 points will form between 75,000. In this range, the main force has a high degree of control, and there is space to seize opportunities, but precautions must be taken.

The daily K-line shows a high of 86,500 and a low that continues to break previous lows, now at 82,300. The EMA trend indicator is forming a downward double dead cross trend, with short positions being profitable. Capturing 500 to 1,000 points can allow for profit-taking without hesitation. The MACD has ended its volume expansion and is starting to contract downwards again. The DIF and DEA golden cross have been reversed downwards to form a dead cross. The bearish momentum continues, and the Bollinger Bands are extending downwards. The lower support is focused on the 80,000 mark, and the mindset should follow the trend with continued short positions.

The four-hour K-line shows consecutive bearish candles. After losing the previous low support at 84,000, there has been no strong pullback. The MACD is continuously contracting downwards, and the Bollinger Bands are again moving lower. The K-line has broken below the lower support at 83,000, and the bearish trend continues. The market is about to enter an extreme oversold zone. In this case, you can try to test long positions. It's okay to make mistakes; just wait for the next opportunity.

Short-term strategy reference: The market is never 100% certain, so always ensure proper stop-loss measures. Safety first; small losses with big gains are the goal.

For short positions, pay attention to the 82,000 and 81,000 levels. If broken, look at 80,000 to exit.

For testing long positions, the entry points are 82,000 to 81,000. If broken, look at 80,000, with a stop-loss of 500 points and a target of 83,000 to 84,000. If broken, look at 85,000.

For testing short positions, the entry points are 84,500 to 85,000, with a defense at 85,500, a stop-loss of 500 points, and a target of 83,500 to 83,000. If broken, look at 82,500 to 82,000.

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 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 arises, 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 implementing stop-loss and take-profit measures for each trade. The Crypto Circle Academician 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.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink