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 dreams, you are never alone; you 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: Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 112,700. It is now 1 AM Beijing time. Before this report, Bitcoin's daily K-line reached a high of 113,700. Continuous high reports have been coming in, but Bitcoin has lost key support levels consecutively. The main force has broken through support levels, forming three black crows. It has fallen below the EMA90 trend support of 111,700 twice in a row, and the major support level has dropped to the 110,000 mark. Will the main force break below 110,000 and challenge the key Fibonacci retracement level of 0.618 at 105,400? This remains unknown. At least the current support is still valid. The four-hour K-line shows signs of a pullback. Pay attention to the Bollinger Band middle track at 114,400 and the EMA30 resistance level at 114,000. For short-term trading, ensure to set stop-losses and do not set them too far, especially since the current market frequently experiences sharp rises and falls. Holding onto positions may cause you to miss many opportunities.

Short-term reference: Small losses and big gains are the goal.

For the lower range of 111,000 to 110,500, try a long position with a stop-loss at 110,000, risking 500 points. The target is 112,000 to 112,500, with a breakout target of 113,000 to 113,500.

For the upper range of 113,900 to 114,400, try a short position with a stop-loss at 115,000, risking 500 points. The target is 113,000 to 112,500, with a breakout target of 112,000 to 111,500.

Crypto Circle Scholar: Ethereum (ETH) Latest Market Analysis Reference

The current price of Ethereum is 4,600. It is now 1 AM Beijing time. Before this report, Ethereum's daily K-line reached a high of 4,796. The highest point yesterday was above 4,900. Given the current market situation, this is considered the best entry point, so it is not recommended to liquidate all positions. It is better to continue holding and take profits in batches to lock in gains. A major reversal indicator is forming, and there is a high probability that the market will enter a bearish phase in the short term. Pay attention to the Bollinger Band middle track support at 4,375 and trend support at 4,175. The four-hour K-line is currently consolidating around the EMA30 line, with trend indicators contracting. The rising trend support and EMA120 trend support overlap at 4,320. As long as the trend support is not broken, the major trend remains bullish. Do not hold short positions for too long; once it reaches key support, it is time to take profits. The MACD is continuously reducing volume and increasing positions, and the Bollinger Band is narrowing. The upper resistance level has reached 4,880, while the lower support level is at 4,565. The market is contracting, indicating that the main force is about to choose a direction after a round of washing. Entering the market at this time carries more risk than reward.

Short-term reference: Always set stop-losses; safety first.

For the lower range of 4,550 to 4,500, if it breaks down, set a stop-loss at 40 points, targeting 4,450 to 4,400, with a breakout target of 4,350 and 4,300.

For the lower range of 4,550 to 4,500, if it is blocked and moves up, set a stop-loss at 40 points, targeting 4,600 to 4,650, with a breakout target of 4,700 to 4,750.

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 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 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 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 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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