The essence of trading is survival, and then profit. So before each operation, think clearly about whether your operation is reasonable, and whether the principal is safe. You need to form a trading thought process that belongs to you, continuously optimize and improve. Although the advice from the scholars in the cryptocurrency circle cannot make you rich overnight, they can always be with you. Only those who can survive in the cryptocurrency circle for the long term and persist until the end can achieve the results they want. I hope you can understand.

　　

Don't forget, the darkest moment is often just before dawn. On the road to chasing dreams, you are never alone; you still have me.

　　

I am a scholar in the cryptocurrency circle, a warrior who has been protecting the investors. I wish my fans financial freedom in 2025, let’s work hard together!

　　

　

Latest market analysis of Bitcoin (BTC)

　　

Bitcoin's current price is 116000, and it is now 1:30 AM Beijing time. The highest point of the daily K-line before publishing is 117550. Yesterday it was mentioned to enter south at 118500. Therefore, today's market is relatively simple, as it has already broken below 116000 and is still holding. If the pullback does not break 118500, continue to hold. The daily level can clearly see that the bearish momentum has not finished yet. The MACD is decreasing and accumulating. The death cross of DIF and DEA combined with the K-line breaking the middle track of the Bollinger Band at 116800, while the lower track is still at 112000. The four-hour K-line has shown a rebound, but the momentum is weak and resistance is evident. The intraday southbound entry is near 117000, with a stop loss at 118500. Overall, without favorable conditions, the bearish trend continues. In terms of strategy, mainly short at high points and slightly long at low points.

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

　　

Northbound from 113000 to 112500, defend 112000, stop loss at 500 points, target looking at 114500 to 115000, if broken look at 115500 to 116000

　　

Southbound from 117000 to 117500, defend 118000, stop loss at 500 points, target looking at 116000 to 115500, if broken look at 115000 to 114500

　　

Scholar in the cryptocurrency circle: Latest market analysis reference for Ethereum (ETH)

　　

Ethereum's current price is 44335, it is now 1:30 AM Beijing time. The highest point of the daily K-line is 4480. Yesterday's strategy was to move south to 4550, and the previous two points of 4750 south were reached. Today, we are looking at the high point; the daily K-line is still under pressure from the golden Fibonacci support line at 4065. The bearish transaction volume is increasing, and the K-line has a high probability of retracing to the middle track support of 4055 after falling from the upper Bollinger Band. The support of the ascending channel on the four-hour K-line is also around 4050. The overlapping support point of the bullish trend, commonly known as the trend inflection point, will not break. If it breaks, it will be a major bearish trend. In the short term, the resistance above the four-hour chart is obvious. The MACD is continuously shrinking, and the Bollinger Bands are facing downwards. Pay attention to the resistance point at the middle track 4410. The short-term indicators mainly short at high points, and wait for the bottoming trend support to decide again.

　　

Short-term reference: Be sure to set a stop-loss, safety first

　　

Southbound trial positions from 4400 to 4450, defend 4500, stop loss at 40 points, target looking at 4350 to 4300, if broken look at 4250 to 4200

　　

Northbound trial positions from 4200 to 4150, defend 4100, stop loss at 40 points, target looking at 4300 to 4350, if broken look at 4400 to 4450

　　

Specific operations are based on real-time market data. For more information, please consult the author. The article release has a delay and is advised for reference only. Risks are borne by yourself.

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