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 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 this.

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: April 9, 2025 Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 77,000. It is now 3:30 AM Beijing time, and the main force of the northern traders has started to reverse and pick people up. Do you dare to get on the bus? In the current market, with such strong bearish sentiment, everyone is advising you to short, but I am still waiting for you on the northern bus. As I said, when the main force returns below 76,500, it is an opportunity to get on. When it reaches the predetermined point, do what needs to be done, and leave the rest to time. If you are right, hold; if you are wrong, cut losses without holding onto the position. After the main force breaks the yearly low, it is expected to consolidate for a certain period, so the entry point must be chosen correctly. Do not open positions casually; be patient and wait for opportunities to arise.

The daily K-line has a high of 80,800 and a low of 76,500. It is currently at the bottom support position of the cup and handle pattern. While going north, ensure good defense and set stop losses. If it breaks the previous low, then do not hold. If it does not break, you can hold. The EMA's larger trend is still bearish, but the market has reached an extremely oversold area, indicating a demand for a rebound. Since there is demand, you can try to go north. The MACD is continuously shrinking downwards, with DIF and DEA expanding downwards. The lower Bollinger Band support at 78,000 has been lost, and the overall trend has reached the outer edge of the Bollinger Band. No matter how the K-line moves, it will eventually return to the Bollinger channel.

The four-hour K-line continues to expand downwards. The K-line has fallen from the EMA30 resistance level of 80,450 to the support at 76,500. The fact that it has not fallen further indicates that the support is effective. The MACD has increased in volume and has been pulled back, with DIF and DEA showing a contraction downwards, focusing on the strength of the 76,500 support. The Bollinger Band is tilting downwards, and the K-line's attempt to break through 80,000 has failed and retreated. A retest of the lower Bollinger Band at the key support of 75,000 cannot be ruled out. If the market breaks below 76,500, it will enter an extremely oversold situation. At this point, you can consider trying a long position near 76,000. Currently, the bearish sentiment is strong, and short positions are the main focus. After finding the bottom, consider going long.

Short-term strategy reference: The market is never 100%, so always set stop losses. Safety first; small losses and big gains are the goal.

Northern trial entry point: 76,300 to 75,800, with a defense at 75,300, stop loss of 500 points, target at 78,000 to 79,000, and if broken, look at 80,000 to 81,000.

Southern trial entry point: 83,000 to 83,500, with a defense at 84,000, stop loss of 500 points, target at 82,000 to 81,500, and if broken, look at 81,000 to 80,500.

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 summarize where your issues lie. 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 Academician wishes you happy investing!

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