The essence of trading is survival, followed by profit. Therefore, before each operation, think carefully about whether your actions are reasonable and if your capital is safe. You need to develop a trading mindset that belongs to you, continuously optimizing and improving it. Although the suggestions from the crypto circle academicians may not make you rich overnight, they can help you sustain your presence. 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.
I am a warrior in the crypto circle, always protecting the retail investors. I wish my followers financial freedom by 2025. Let's work hard together!
Crypto Circle Academician: March 17, 2025 Bitcoin (BTC) Latest Market Analysis
The current price of Bitcoin is 83,600. It is now 4 AM Beijing time. How much did everyone capture in yesterday's market? After the price fell below 83,000 last night, many fans asked if they could short. My suggestion was to wait for a pullback above 82,700 to short. As a result, just after midnight, it surged to 85,000. Some people entered to short, while others hesitated due to fear. This is the result of not trusting the trading system. I often say to plan your trades before the market opens and trade according to your plan during the market. If you are still hesitating when the market reaches your predetermined level, it indicates that your execution ability is lacking.
Looking at the current market, the daily K-line has a high of 85,150 and a low of 82,350. The main force is testing the resistance level again, just reaching the EMA15 trend fast line resistance at 85,000 before pulling back, indicating that the short position is valid and can be held. The double top short indicator has appeared, MACD is increasing but lacks momentum, and both DIF and DEA are still at low levels without expansion. The Bollinger Bands are showing contraction, but the K-line is blocked by the pressure at 85,400, which has been pushed down. The lower space looks at the lower track around 78,350, with a profit space exceeding 5,000 points, which is another good trend trade.
The four-hour K-line pierced 85,000, then fell back to around 83,600 after reaching the EMA90 trend line, hovering around the bottom edge of the trend line, with a long upper shadow. It cannot be ruled out that the main force is raising the price to offload. MACD is decreasing, and the DIF and DEA have indeed crossed downwards towards the 0 axis. The Bollinger Bands are horizontal, and the K-line stretch will fall to the middle track support point at 83,300. Pay attention to the lower track key point at 80,600, which can serve as an entry point for long positions, temporarily focusing on short positions.
Short-term trading ideas reference: The market is never 100%, so always set stop losses. Safety first; small losses and big gains are the goal.
For a northern trial position, the entry point is 81,000 to 80,000, with a stop loss at 79,000, risking 500 points, targeting 78,500 to 79,500, and if broken, looking at 80,500 to 81,500.
For a southern trial position, the entry point is 85,000 to 85,500, with a stop loss at 86,000, risking 500 points, targeting 83,000 to 82,000, and if broken, looking at 81,500 to 81,000.
Specific operations should be based on real-time market data. For more information, you can consult the author. The article may have a delay in publication; the suggestions are for reference only, and risks are 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 are not 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 Academician also hopes that all investors understand that the market is always right. If you are wrong, you should summarize 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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