The essence of trading is survival, followed by profit. Therefore, before each operation, think carefully about whether your actions are reasonable and whether your principal is safe. You need to develop your own trading mindset, continuously optimize and improve it. The advice of the cryptocurrency academician may not make you rich overnight, but it can ensure that you always have a chance. Only those who survive in the cryptocurrency circle for the long term and persist until the end can achieve the results they desire. I hope you can understand.

I am a warrior who has always been protecting the "leeks" in the cryptocurrency circle. I wish my fans to achieve financial freedom in 2024. Let's work together!

Cryptocurrency Academician: Ethereum (ETH) Latest Market Analysis Reference for July 25, 2024

Ethereum's consolidation finally broke, and after the good news was exhausted, all that was left was washing the market. As expected, breaking the consolidation zone means exiting the market. Looking at today's market, as of the time of writing, the highest daily K-line for Ethereum is near 3340, and the lowest is near 3100. The market has fallen below the EMA trend indicator. There is too much news, and the market has experienced rapid ups and downs. The MACD volume has decreased, and the DIF and DEA are shrinking around the 0 axis, indicating the possibility of a market reversal. Don't chase the short position. The KDJ is trending downward, and the daily K-line has fallen below the 3280 support of the Bollinger Band, which has now become a resistance point. The support level at 2900 is too far away, so just pay attention to the center at 3100.

The four-hour K-line has been continuously bearish and is currently consolidating above 3100. The EMA trend indicator has turned bearish, and as mentioned earlier, the turning point of the trend near 3270 has shifted from bullish to bearish. The EMA15 fast line indicator is still pulling down and is expected to face pressure around 3320, likely to be around 3250. The MACD is decreasing in volume, and the DIF and DEA are still within the volume indicator, indicating that the bearish trend has not yet ended. Don't bottom fish in the short term. The KDJ is diverging downward, and the Bollinger Band's long and short indicators deviate from the K-line, breaking below the lower band at 3150. The strategy is to short at the retracement pressure level and pay attention to the pressure near the turning point of the trend at 3270. If you want to go long, you can try a small position, even if you make a mistake, it's okay.

The strategy is as follows:

Short in the 3250 to 3230 range, stop loss at 3280, target range 3150 to 3100, exit if it breaks below 3050.

Long in the 3030 to 3050 range, stop loss at 3000, target range 3130 to 3160, exit if it breaks above 3230.

Specific operations should be based on real-time market data. For more information, please consult the author. The article is published with a delay and is recommended for reference only. All risks are at your own.

This article is exclusively provided by the Cryptocurrency Academician and represents the academician's exclusive viewpoint. The viewpoints and suggestions for BTC, ETH, DOGE, DOT, FIL, EOS, etc., are not real-time due to the timing of the article's release and are for reference only. All risks are at your own. Reprinting should indicate the source. Reasonably control your position and avoid heavy or full positions. The academician also hopes that all investors understand that the market is always right. If you make a mistake, you should reflect on your own problems and not let the potential profits slip away. There is no need to be smarter than the market in investing. When the trend comes, follow it; when there is no trend, observe and be patient. It's not too late to act after waiting for the trend to become clear. Tomorrow's success comes from today's choices. The heavens reward diligence, the earth rewards kindness, people reward sincerity, business rewards trust, industry rewards precision, and art rewards heart. Gains and losses are all in the details. Develop the habit of strictly setting stop-loss and take-profit for each trade. The Cryptocurrency Academician wishes you a pleasant investment experience!

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