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 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.
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Crypto Circle Academician: March 31, 2025 Bitcoin (BTC) Latest Market Analysis
The current price of Bitcoin is 82,900. It is now 12:10 AM Beijing time. Before this article was published, many traders who were long were adjusting their positions and exiting. Heed the advice and eat your fill. The title of yesterday's article was eye-catching, right? Adjusting positions has pulled the average price down to below 83,500. If it retraces, you can break even and exit. In such a market, it's understandable to think about bottom fishing, but the best way to approach the bottom is to continuously test positions at key support levels, rather than holding onto losing trades. You must develop the habit of using stop-loss orders; first consider how to survive before thinking about profits.
Looking at the order book, today is the last day of the month. The opening price for the monthly line is 84,350. We will see if Monday's market will show a retracement and stretch. The monthly opening price can be used as a reference for the resistance zone. The daily K-line has a high of 83,550 and a low of 82,500. The market has been consolidating for a day, with the bottom support not breaking, but the bearish momentum continues. The EMA trend is expanding downwards, and the MACD is continuously shrinking downwards. After the DIF and DEA contracted and broke below the previous low, it is highly likely to form a death cross. Pay attention to the Bollinger Band lower support at 80,800. The bottom support has been raised, and the Bollinger Band is showing a contraction, indicating a potential reversal. You can try to make a swing trade.
After the four-hour K-line broke the descending flag pattern at 85,500, it continued to decline and was blocked by the 82,000 support. It has started to form a new box pattern at the bottom. The EMA downward alternating expansion trend has ended, and now we will see if the expansion will break below the previous low. The MACD has continuously shrunk with increased K-line volume but has not recovered much. In the short term, the bullish momentum is clearly insufficient, leading to a consolidation trend of intertwined long and short positions, where conservative traders can rest, and aggressive traders can make swing trades.
Short-term reference: The market is never 100%, so always use stop-loss orders. Safety first; small losses and big gains are the goal.
For long positions, test the entry point between 81,000 and 80,500, with a stop-loss at 80,000, risking 500 points, targeting 81,500 to 82,000, and if broken, look at 82,500.
For short positions, test the entry point between 84,500 and 85,000, with a stop-loss at 85,500, risking 500 points, targeting 83,500 to 83,000, and if broken, look at 82,500.
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; 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 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 using stop-loss and take-profit orders for each trade. The Crypto Circle Academician wishes you happy investing!
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