Crypto academician: Bitcoin's August 12th "pump and dump" signal! Has the historical high become a "gateway to hell"? Is Ethereum "dawn" or "dusk"? Latest market analysis and trading suggestions

The fundamental aspect of trading is survival, followed by profit. Therefore, before each operation, carefully consider whether your action is reasonable and if your principal is safe. Develop a trading strategy that belongs to you and continuously optimize it. The advice from crypto scholars may not make you rich overnight, but it 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! Crypto Scholar: Latest BTC Market Analysis on 2025.8.12 Bitcoin is currently priced at 120,000, and it's 1 AM Beijing time. Bitcoin has once again approached its historical high point. At 122,000, you can try a position. Currently, it's challenging the upper Bollinger Band at 121,000 and falling back, indicating clear resistance above. The main forces are showing obvious high-selling behavior in the market. To stretch further, a significant positive news is needed. The 4-hour chart shows a miraculous nine-turn trend, with four consecutive red candles breaking below the short-term support of 120,000, now hovering around 120,000. MACD shows continuous top divergence with decreasing volume, and DIF and DEA are beginning to contract. The short-term trend is turning downward, and it's recommended to focus on short positions, not to chase highs, as market momentum is clearly weakening, and the risk of chasing highs outweighs potential gains. Short-term reference: The goal is small losses and big gains Northern entry point: 117,000 to 116,500, defend 116,000, stop loss 500 points, target 118,000 to 118,500, break to 119,000 to 119,500 Southern entry point: 122,000 to 122,500, defend 123,000, stop loss 500 points, target 121,000 to 120,000, break to 119,000 to 118,000 Latest ETH Market Analysis Reference ETH is currently priced at 4,330, and it's 1 AM Beijing time. The market continues to stretch, with bulls showing divergence. Main funds show active inflow, and with consecutive record-breaking stretches, ETH reached near 4,400 before this report, not far from its historical high of 4,878. The daily trend indicator remains bullish, with obvious volume accumulation. MACD is in a strong upward phase, upper Bollinger Band at 4,285 support level broken, bullish trend continues. 4-hour K-line retraced to 4,160 support and quickly stretched upward, with bulls dominating. Bollinger Band is contracting at high levels, with upper resistance at 4,400. After breaking 4,400, crypto traders who like short-term trading can layout short positions at high levels, quick in and out. Lower support at 4,160 can be used to try short longs, with proper stop loss and risk control. Short-term reference: Always use stop loss, safety first Southern entry point: 4,400 to 4,450, defend 4,500, stop loss 40 points, target 4,300 to 4,250, break to 4,200 to 4,150 Northern entry point: 4,200 to 4,150, defend 4,100, stop loss 40 points, target 4,280 to 4,360, break to 4,400 to 4,450 Actual operation based on real-time market data. For more information, consult the author. Article may have publication delay, for reference only, risk at own discretion. This article is exclusively provided by the 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, for reference only, risk at own discretion. Reprint with attribution. Reasonably control positions, avoid heavy or full positions. The scholar hopes investors understand that the market is always right. If you're wrong, reflect on your own issues and don't let potential profits slip away. No need to be smarter than the market. When trends emerge, follow; when no trends, observe, stay calm. Wait for trends to clarify 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, art rewards passion. Gains and losses happen unexpectedly. Develop a habit of strict stop-loss and take-profit. The crypto scholar wishes you a pleasant investment journey!