The fundamental of trading is survival, followed by profit. So before each operation, think carefully about whether your action is reasonable and whether the principal is safe. Form 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.
Don't forget, the darkest moment is often just before dawn. On the path of chasing dreams, you are never alone. I am here with you.
I am a crypto scholar, a warrior who has been protecting investors. I wish my fans financial freedom by 2025. Let's work hard together!
Latest BTC Market Analysis
BTC is currently priced at 116,000. It's 1 AM Beijing time. BTC broke through the previous high point with significant trading volume. The 4-hour K-line was blocked around 117,600 and has been continuously falling. Currently, it's in a consolidation phase with gradually rising low points. Yesterday's strategy was to go south at 116,500, defending 117,300, which was successful without being stopped out. The current average price is 116,900 for reference. Technically, MACD volume is declining, but the daily golden cross indicates the bullish trend is not over. There's still potential for upward movement, so be sure to defend and set stop-loss.
Short-term Reference: Safety first, small losses and big gains are the goal
Going north: Entry point 115,000 to 114,500, defend 114,000, stop-loss 500 points, target 115,500 to 116,000, break through to 117,000 to 117,500
Going south: Entry point 116,900 to 117,300, defend 117,700, stop-loss 500 points, target 116,300 to 115,800, break through to 115,400 to 115,000
Latest ETH Market Analysis
ETH is currently priced at 397. It's 1 AM Beijing time. Went south at 3,900, stop-loss at 3,940, unfortunately exited. Currently, the daily trend shows continuous growth, forming a bullish trend. The 4-hour cycle is oscillating around 3,950. The previous high of 4,012 might be a short-term resistance, while 3,880 provides support. MACD shows a top divergence, indicating potential for breaking previous highs. It's not the best time to go south yet. Wait for signals before acting. For going north, there's no good support point yet. Wait for the bullish momentum to exhaust.
Short-term Reference: Always set stop-loss, safety first
Going south: Entry point 4,000 to 4,040, defend 4,070, stop-loss 40 points, target 3,950 to 3,900, break through to 3,850
Going north: Entry point 3,900 to 3,870, defend 3,830, stop-loss 40 points, target 3,950 to 4,000, break through to 4,050
Actual operations based on real-time market data. For more information, consult the author. Article may have delays, suggestions are for reference only, risk is self-assumed.
This article is exclusively provided by a crypto scholar, representing only their personal view. They have in-depth research on BTC, ETH, Doge, DOT, FIL, EOS, etc. Due to publication timing, the views and suggestions may not be real-time and are for reference only. Risk is self-assumed. Please credit the source when reprinting. Manage positions reasonably, avoid heavy or full positions. The scholar hopes investors understand that the market is always right. If you're wrong, reflect on your mistakes and don't let potential profits slip away. In investing, don't try to be smarter than the market. When a trend comes, follow it; when there's no trend, observe and wait. Success tomorrow comes from choices today. Heaven rewards diligence, earth rewards kindness, humanity rewards integrity, business rewards trust, profession rewards excellence, art rewards passion. Gains and losses happen unexpectedly. Develop the habit of strict stop-loss and take-profit. The crypto scholar wishes you a pleasant investment journey!
