The fundamental of trading is survival, followed by profit. Therefore, before each operation, think carefully about whether your action is reasonable and whether the principal is safe. Develop your own trading strategy and continuously optimize it. The advice from crypto scholars may not make you rich overnight, but they can help you survive in the crypto market in the long term. Only those who persist until the end can achieve the results they want. I hope you understand.
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Crypto Scholar: Latest Market Analysis for Bitcoin (BTC)
Bitcoin is currently priced at 116,000. It is 1:30 AM Beijing time, with the daily K-line's highest point at 117,550. Yesterday, we discussed entering at 118,500 southward. Today's market is relatively simple because it has broken through 116,000 and continues to hold. If the pullback does not break 118,500, continue holding. At the daily line level, the short trend is clearly not over. MACD shows reduced volume and increased positions, with a death cross of DIF and DEA, and the K-line breaking through the Bollinger Band's middle rail at 116,800, with the lower rail at 112,000. The 4-hour K-line shows a rebound but with weak momentum and obvious resistance. The southward entry point is around 117,000, with a stop loss at 118,500. Without positive trends, the short continuation remains the main strategy, with high-position short selling as the primary approach and low-position long buying as a secondary option.
Short-term Reference: The goal is small losses and big gains
Northward: 113,000 to 112,500, defending 112,000, stop loss 500 points, target 114,500 to 115,000, break through to 115,500 to 116,000
Southward: 117,000 to 117,500, defending 118,000, stop loss 500 points, target 116,000 to 115,500, break through to 115,000 to 114,500
Crypto Scholar: Latest Market Analysis Reference for Ethereum (ETH)
Ethereum is currently priced at 44,335. It is 1:30 AM Beijing time, with the daily K-line's highest point at 4,480. Yesterday's strategy was southward at 4,550, hitting both this point and the previous 4,750 southward position. Looking at today's high point, the daily K-line is moving downward, not yet reaching the golden ratio support at 4,065. The bearish trading volume has increased, and the K-line falling from the Bollinger Band's upper rail has a high probability of retesting the middle rail support at 4,055. The 4-hour K-line's upward channel support is also around 4,050. If this point does not break, the bullish trend continues; otherwise, a significant bearish trend will emerge. Short-term 4-hour upper resistance is obvious, MACD shows continuous volume reduction, and the Bollinger Band is turning downward. Focus on the middle rail resistance at 4,410. Short-term indicators suggest primarily shorting at high points and waiting for low points to determine the trend support.
Short-term Reference: Always use stop loss, safety first
Southward entry point: 4,400 to 4,450, defending 4,500, stop loss 40 points, target 4,350 to 4,300, break through to 4,250 to 4,200
Northward entry point: 4,200 to 4,150, defending 4,100, stop loss 40 points, target 4,300 to 4,350, break through to 4,400 to 4,450
Actual operations should be based on real-time market data. For more information, consult the author. The article may have publication delays and is for reference only. Risk is self-assumed.
This article is exclusively provided by the Crypto Scholar and represents only their personal view. They have in-depth research on BTC, ETH, Doge, DOT, FIL, EOS, etc. Due to publication timing, the above opinions and suggestions lack real-time accuracy and are for reference only. Risk is self-assumed. Please cite the source when reprinting. Manage positions reasonably and avoid heavy or full position operations. The scholar hopes investors understand that the market is always right. If you are wrong, reflect on your own issues and don't let potential profits slip away. There's no need to be smarter than the market. When a trend appears, follow it; when there's no trend, observe and wait. Wait for the trend to become clear before acting. Tomorrow's success comes from today's choices. Heaven rewards diligence, earth rewards kindness, humanity rewards integrity, business rewards trust, profession rewards excellence, and art rewards passion. Gains and losses happen unexpectedly. Develop the habit of strictly using stop loss and take profit. The Crypto Scholar wishes you a pleasant investment experience!
