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 scholars 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.

Don't forget, the darkest moments are often just before dawn. On the road to pursuing your 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: May 17, 2025, Ethereum (ETH) Latest Market Analysis Reference

The current price of Ethereum is 2590. It is now 2 AM Beijing time. Yesterday, when it was over 2500, I mentioned that a pullback below 2560 would be a good point to take profits. However, the market did not move as expected. The pullback did break 2560, tested the support at 2500, and then rebounded, breaking through 2600, moving sideways. This trend indicates that there is reason to believe that the main force will test the Fibonacci retracement level of 0.382 support at 2430, which is the best entry point for long positions and a point for switching between long and short.

The daily K-line currently shows a high of 2650 and a low of 2530. The EMA trend indicator is still showing an upward alternating bullish trend, having just passed the first phase. The MACD top divergence trend is also beginning to show signs, with volume decreasing. The DIF and DEA have broken the energy indicator, and the upper pressure level of the Bollinger Bands has expanded to 2840. The overall trend remains bullish.

The four-hour trend has shown a change, with bulls encountering strong resistance, especially after the previous four consecutive bullish candles were reversed. The K-line has clearly started to decline, with MACD volume decreasing. The DIF and DEA are still approaching the 0 axis, and with the upper pressure level of the Bollinger Bands at 2680 and the lower support at 2500, it can be seen that the market space for the weekend has been compressed. It is expected to move in a range at high levels. If the range holds, trading back and forth is possible; if it breaks, do not hold onto positions and take losses as necessary.

Short-term reference: Safety first. Remember that the market is never 100% certain, so always set stop-losses. Safety first, small losses with big gains is the goal.

For a southward trial position, the entry point is 2630 to 2650, with a defense at 2680, stop-loss at 30 points, and a target looking at 2580 to 2540. If it breaks, look at 2510.

For a northward trial position, the entry point is 2530 to 2500, with a defense at 2480, stop-loss at 30 points, and a target looking at 2570 to 2600. If it breaks, look at 2630.

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, and the suggestions are for reference only; risks are to be borne by the reader.

This article is exclusively contributed by the Crypto Circle Scholar and represents the scholar's unique viewpoint. 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 viewpoints and suggestions may not be real-time and are for reference only; risks are to be borne by the reader. 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 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 comes 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 happen 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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