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.

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: May 2, 2025 Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 96,600. It is now 3:30 AM Beijing time. Has the main force's conspiracy surfaced? A unilateral stretch upward to liquidate the shorts. Although we tried short positions at high levels, we ultimately got liquidated. The shorts around 95,500 were stopped out after breaking the previous high of 98,700. Don't hold onto losing positions. Remember, the essence of trading is survival, and profit comes second. Survive first, then think about the future.

Looking at the daily candlestick chart, the highest is 97,400 and the lowest is 94,000. A wave of unilateral stretching broke the major resistance level and reached around the 0.618 Fibonacci retracement level at 96,450. The main force will re-accumulate at this position. The EMA bullish trend is alternating and continuing to expand. The EMA15 trend support has reached 92,000. Based on the current strength of the market, it is expected that EMA15 will continue to stretch upward and challenge 94,000. The MACD top divergence continues, with DIF and DEA expanding upward. The candlestick is challenging the upper Bollinger Band resistance at 99,300. The market is about to enter an extreme overbought state, so watch for reversal signals; once they appear, you can short.

The four-hour candlestick has broken the EMA trend indicator and is above the high. The EMA15 trend support has reached 95,200. The MACD has continuously increased in volume, and the DIF and DEA golden cross expansion trend has formed. After breaking the upper Bollinger Band at 96,400, it is expected to return to the Bollinger Band channel. Pay attention to the middle track support at 95,000. On the upside, the short-term neckline at 96,800 has already been broken, so a short position can be taken. The initial target is to observe the strength at 96,000 before deciding whether to take profits. Everyone can refer to this.

Short-term strategy reference: The market is never 100% certain, so always set stop losses. Safety first; small losses and big gains are the goal, especially when breaking key resistance and support levels. Stop losses should still be executed; do not hold onto losing positions.

For a northern entry point, try 95,500 to 95,000, with a stop loss at 94,500, risking 500 points. The target is 96,500 to 97,000, with a breakout target at 97,500.

For a southern entry point, try 98,000 to 98,500, with a stop loss at 99,000, risking 500 points. The target is 97,000 to 96,500, with a breakout target at 96,000.

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 rationally 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 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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