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Crypto academician: Bitcoin's selling pressure increases on August 13th, beware of a sharp drop! Ethereum short positions, hold onto your chips, and survive first. Latest market analysis and reference suggestions

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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 a trading strategy that belongs to you and continuously optimize it. The advice of crypto scholars may not make you rich overnight, but they can ensure you stay in the game. Only those who survive and persist in the crypto market to 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 2025.8.13

Bitcoin is currently priced at 120,000, and it's 1 AM Beijing time. Bitcoin has circled back to the 120,000 mark after a day of trading. The daily K-line reached a high of 120,200 and a low of 118,200 before filing. After selling at 122,000 two days ago, it still hasn't chosen to go north. Waiting for the main force to pull back above 120,000 to find resistance and go south. The daily technical indicators show the EMA trend line is in a bullish trend, and MACD has ended volume compression and started to pull up. The current daily resistance level is the upper Bollinger Band at 120,900. The 4-hour K-line has formed an upward channel, with technical indicators showing top divergence. After the main force pulled to 122,300, selling pressure began. After effectively supporting at 118,000, it fell back. Pay attention to the middle Bollinger Band support at 118,900 and the upper band resistance at 121,750. The overall trend maintains a high-level consolidation, with a focus on shorting at high levels and going long as a supplement.

  

Short-term reference: The goal is small losses and big gains

Go north entry point 119,000 to 118,500, defend 118,000, stop loss 500 points, target 120,000 to 120,500, break through to 121,000 to 121,500

Go south entry point 122,000 to 122,500, defend 123,000, stop loss 500 points, target 121,000 to 120,000, break through to 119,000 to 118,000

Latest ETH Market Analysis Reference

Ethereum is currently priced at 4,457, and it's 1 AM Beijing time. Market sentiment has been driven up. The daily K-line reached a high of 4,488 and a low of 4,216. Market sentiment has a significant impact, and after the magical nine turns and extreme overbought conditions, it remains high. The daily level is directly pulling around the upper Bollinger Band at 4,380. The 4-hour K-line technical indicators show MACD volume compression has ended, with DIF and DEA forming a death cross. The moving average shows a strong upward trend. The upper Bollinger Band support is at 4,425. Considering the extreme overbought and extreme top divergence, it is recommended to stay on the sidelines. At this time, preserve your chips to prevent the main force from washing out both long and short positions. The volatility is too high for funds to enter. If you really want to trade, suggest a light position shorting at high levels, and do not chase rises or kill dips.

  

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

Go south entry point 4,450 to 4,500, defend 4,550, stop loss 40 points, target 4,400 to 4,350, break through to 4,300 to 4,250

Go north entry point 4,200 to 4,150, defend 4,100, stop loss 40 points, target 4,280 to 4,360, break through to 4,400 to 4,450

Specific operations based on real-time market data. For more information, consult the author. The article may have a delay, please refer to it at your own risk.

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 the timing of the article, the views and suggestions are not real-time and are for reference only. Risk is self-assumed. Please cite the source when reprinting. Manage positions reasonably, avoid heavy or full positions. The scholar also 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 comes, respond and follow; when there's no trend, observe and stay calm. 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 setting stop-loss and take-profit. The crypto scholar wishes you a pleasant investment!

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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