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 advice from the crypto circle academicians may not make you rich overnight, it can ensure your presence in the market. Only those who survive in the crypto space for the long term and persist until the end can achieve the results they desire. I hope you understand this.
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Crypto Circle Academician: March 7, 2025 Ethereum (ETH) Latest Market Analysis Reference
The current price of Ethereum is 2190. It is now 2 AM Beijing time. The daily K-line peaked at 2318. There are still some long positions at the 2000 level that have not been exited. Now that a pullback has occurred, wait for opportunities. During the pullback, you can re-enter the portion of your position that you took profits from. The overall market shows a clear downward trend. Do not chase shorts; wait for a pullback after the downtrend stops before going long. The overall momentum is not as strong as Bitcoin. According to Bitcoin's trend, Ethereum should at least challenge above 2400 before starting to pull back. Unfortunately, the momentum is insufficient, and the profit-taking point has not yet arrived. For now, hold as long as it does not break below 2150. If it breaks, take profits first. If it really tests the 2000 level again, continue to go long.
The daily K-line has pulled back after reaching a high, breaking below 2200. A long period of consolidation has begun again. The EMA trend indicator continues to follow last year's pattern, showing a downward alternating expansion trend. The EMA15 resistance level has dropped to 2380 and continues to decline. The top resistance level keeps moving down. The MACD shows a decrease in momentum, which is not as strong as the bearish momentum. The DIF and DEA continue to expand downward. The Bollinger Bands show a downward channel, and the K-line is consistently expanding below 2490 within the bands. The key support point for the lower band is 2030, with the overall trend being bearish.
The four-hour K-line is blocked by the EMA60 trend resistance level at 2311. It has now broken below the trend line and entered a bearish phase. The MACD shows a decrease in volume, and the DIF and DEA have failed to break the zero axis and are retracting downward. Pay attention to the short-term support at 2150. If it breaks, consider chasing a short position with a space of 50 to 100 points. The upper Bollinger Band has contracted to 2330, and the K-line has reached the middle band support at 2185. The lower band support has been raised to 2045. The entry point for going long can continue to wait for after 2070. The suggested strategy is to focus on going long while using shorts as a supplement. Do not hold short positions for too long.
Short-term reference: Safety first. Remember that the market is never 100% certain, so always set stop-losses. Safety first; small losses with big gains are the goal.
For going long, the trial entry point is between 2100 and 2050, with a stop-loss at 2000 and a stop-loss of 50 points. The target is 2200 to 2250, with a breakout target of 2300.
For going short, the trial entry point is between 2300 and 2350, with a stop-loss at 2400 and a stop-loss of 50 points. The target is 2250 to 2200, with a breakout target of 2150.
Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in the publication of this article, and the suggestions are for reference only. Risks are to be borne by the reader.
This article is exclusively contributed by the Crypto Circle Academician and represents the unique views of the Academician. 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 views and suggestions may not be real-time and are for reference only. Risks are to be borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The Academician also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where the problem lies. Do not 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 Academician wishes you happy investing!
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