The essence of trading is survival, and only then is profit. Therefore, before every operation, think clearly about whether your operation is reasonable and whether your capital is safe. You need to form a trading strategy that belongs to you, continuously optimize and improve it. The advice from crypto circle scholars may not make you rich overnight, but it can ensure that you always have a presence. Only those who can survive in the crypto space for the long term and persist until the end can achieve the results they desire. I hope you can understand.

　　

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

　　

　　I am a scholar in the crypto circle, a warrior always protecting the investors. I wish my fans financial freedom by 2025. Let's work hard together!

　　

：Latest market analysis for Bitcoin (BTC)

　　

　　Bitcoin's current price is 116000. It is now 1:30 AM Beijing time. The highest point before publication on the daily K-line was 117550. Yesterday it was said to short down to 118500. Therefore, today's market is relatively simple, as it has already broken below 116000 and continues to hold. If the pullback does not break 118500, continue to hold. On the daily level, it is clear that the bearish momentum is not over. The MACD is decreasing in volume, and the death cross of DIF and DEA, combined with the K-line breaking below the Bollinger middle band at 116800, while the lower band is still at 112000. The four-hour K-line has seen a rebound, but the momentum is very weak, and resistance is evident. The entry point for shorting today is around 117000, with a stop loss set at 118500. Overall, the bearish trend continues without any favorable support. The strategy is to focus on shorting at high positions and to go long at low positions as a supplement.

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

　　

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

　　

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

　　

：Latest market analysis reference for Ethereum (ETH)

　　

Ethereum's current price is 44335. It is now 1:30 AM Beijing time. The daily K-line's highest point is 4480. Yesterday's strategy was to short down to 4550, and both the previous levels of 4750 were reached. Now looking at today's high point, the daily K-line's downward impact on the Fibonacci support level at 4065 has not been reached yet. The short position's trading volume is increasing, and the K-line has a high probability of retracing to the middle band support at 4055 after falling from the upper Bollinger Band. The four-hour K-line's upward channel support is also around 4050. The overlap point of multi-trend support, commonly known as the trend inflection point, will maintain the bullish trend if it does not break. If it breaks, then a large downward move is expected. In the short term, the resistance above the four-hour chart is evident. The MACD continues to decrease in volume, and the Bollinger Bands are tilting downwards. Pay attention to the middle band resistance point at 4410. The short-term indicators suggest focusing on shorting at highs, and wait to determine the support for a bottom trend before going long.

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

　　

　　Going down to test the position at 4400 to 4450, defend at 4500, stop loss at 40 points, target looking at 4350 to 4300, if broken, look at 4250 to 4200.

　　

　　Going up to test the position at 4200 to 4150, defend at 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. Articles may be published with delays and are suggested for reference only. Risks are to be borne by oneself.

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