Cryptocurrency Academician: 3.4 Ethereum 2550 false breakout lays a trap! The bulls face a bloody purge, and below 2200 becomes a no man's land! Latest market analysis reference.

CN
9 hours ago

The essence of trading is survival, and only then comes profit. Therefore, before each operation, think carefully about whether your actions are reasonable and whether your capital is safe. You need to form a trading mindset that belongs to you, continuously optimizing and improving it. Although the suggestions from the crypto circle scholars may not make you rich overnight, they can help you persist. Only those who survive in the crypto space for the long term and stick it out until the end can achieve the results they desire. I hope you understand this.

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Crypto Circle Scholar: March 4, 2025, Ethereum (ETH) Latest Market Analysis Reference

The current price of Ethereum is 2255. It is now 2:15 AM Beijing time. The target of 2200 for a short position is approaching. If you haven't boarded yet, you can still get on. If it breaks below 2200, the bottom exploration is not over. The false breakout at 2550 has attracted many long positions, which have not yet been washed out. Pay more attention to the trading volume on the order book before entering again. This was mentioned in yesterday's article. The southward path is not long; 2200 is the safest profit-taking point. The lower space is not suitable for small retail investors to enter.

Before the article was published, the daily K-line reached a maximum of 2522 and a minimum of 2250. The overall EMA trend is still a downward alternating expansion trend, and the bearish momentum is quite frightening. I advise everyone not to chase shorts; hold onto your positions and survive first. The MACD bottom divergence trend has been pushed back. Yesterday's article mentioned that the bottom divergence has not fully formed, and the probability of further bottom exploration is very high. Not long after, the market began to move south. You can pay attention to the previous low support at 2070; if it breaks, start to gradually move north. After the Bollinger Bands open downward, only the upper band can recover. The middle and lower bands continue to expand downward. After testing the previous low again, the market is likely to enter extreme oversold territory.

The four-hour K-line has broken the EMA trend line with five consecutive bearish candles. The MACD volume is decreasing, and the DIF and DEA have turned from bullish to bearish and are starting to contract. If 2200 holds, there is still hope; if it doesn't, a death cross will appear. The Bollinger Bands' middle support at 2270 has been lost, with the lower support at 2070. Aggressive traders can try to enter northward after breaking below 2200, targeting a profit of 50 to 100 points. Conservative traders can focus on the previous low at 2070; the market entering extreme oversold territory is the safest time to move north.

Short-term reference: Safety first. Remember, the market is never 100% certain, so always set stop-losses. Safety first; small losses with big gains are the goal.

For northward trial positions, aim for 2150 to 2100, with a stop-loss at 2070 to 2030, and a stop-loss of 50 points, targeting 2200 to 2250, and if it breaks, look at 2300.

For southward trial positions, aim for 2350 to 2400, with a stop-loss at 2450, and a stop-loss of 50 points, targeting 2300 to 2250, and if it breaks, look at 2200.

Specific operations should be based on real-time data from the order book. For more information, you can consult the author. There may be delays in article publication; the suggestions are for reference only, and risks are borne by the reader.

This article is exclusively contributed by the Crypto Circle Scholar and represents the scholar's unique viewpoint. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above viewpoints and suggestions may not be real-time and are for reference only. Risks are borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The scholar also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where your issues lie. Don't let the profits that should be yours slip away. There is no need to be smarter than the market. When a trend comes, respond to it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Heaven rewards diligence, the earth rewards kindness, humanity rewards sincerity, business rewards trust, industry rewards excellence, and art rewards passion. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The Crypto Circle Scholar wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

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