Crypto Academician: Bitcoin and Ethereum experienced a flash crash on August 15th! Bulls were liquidated, the daily K-line fell below support, and bearish forces are coming! Latest market analysis and operational suggestions

The fundamental aspect of trading is survival, followed by returns. 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 desire. 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 Bitcoin (BTC) Market Analysis Bitcoin is currently priced at 117,800. It is 1:10 AM Beijing time. After forming a high-level neckline at 123,000, all bulls have cleared their positions, with the largest profit-taking exceeding 10,000 points. Do not rush to exit above 123,000 for mid-line layout. Do not look at bullish indicators from news or technical aspects, but focus on historical trends and turning points. The daily K-line has broken through key support, and the next step is to see if it can continue to explore the mid-line support EMA60 at 113,650. The daily K-line dropped directly from the upper rail at 122,000 to the mid-rail at 117,000. Pay attention to the lower rail support at 122,000. The 4-hour fast line has jumped from a high position, and the main force begins to digest the satiety brought by continuous bulls. The 4-hour K-line dropped directly to the Bollinger Band lower rail at 117,000. The overall trend has entered short-term support. If 117,000 fails to hold, bearish momentum will arrive. Those who have not entered can focus on the support point. Short-term reference: The goal is small losses and big gains North: 112,500 to 112,000, defend 111,500, stop loss 500 points, target 113,000 to 113,500, break through to 114,000 to 115,000 South: 119,000 to 119,500, defend 120,000, stop loss 500 points, target 118,000 to 117,500, break through to 117,000 to 115,000 Crypto Scholar: Latest Ethereum (ETH) Market Analysis Reference Ethereum is currently priced at 4,530. It is 1:10 AM Beijing time. I have already reminded everyone not to be driven by market sentiment or chase rises. Pullback to 4,500 north, securing 4,700 is quite stable. Accompanied by a sharp rise, a southward opportunity appears, with both long and short sides gaining. Focus on the daily EMA15 trend fast line support at 4,150. K-line continuously bullish around the Bollinger Band upper rail at 4,682, returning to the upper rail of the Bollinger Band channel, forming pressure. Short-term bearish is coming. The 4-hour K-line is currently blocked by the EMA30 support at 4,450. If this support fails, there is a high probability of hitting the Bollinger Band lower rail support at 4,170. Crypto friends who did not go south near 4,750 are advised to wait for the next bottom to find a position and go north. Do not be too aggressive or rush to open positions; wait for key points to catch big market movements. Short-term reference: Always use stop loss, safety first South entry point 4,700 to 4,750, defend 4,800, stop loss 40 points, target 4,650 to 4,600, break through to 4,550 to 4,500 North entry point 4,270 to 4,220, defend 4,160, stop loss 40 points, target 4,350 to 4,400, break through to 4,450 to 4,500 Actual operation based on real-time market data. For more information, consult the author. The article may have a delay, suggestions are for reference only, and risks are to be borne by the individual. 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 article publication, the above views and suggestions lack real-time nature and are for reference only. Risks are to be borne by the individual. Reprinting requires attribution. Reasonably control positions, avoid heavy or full positions. The scholar hopes investors understand that the market is always right. If you are wrong, reflect on your own issues and do not let potential profits slip away. There is no need to be smarter than the market. When a trend comes, respond and follow; when there is 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 occur unintentionally. Develop the habit of strictly using stop-loss and take-profit. The crypto scholar wishes you a pleasant investment experience!