Cryptocurrency Academician: On April 21, the Ethereum "boiling frog" market continues, when will the bottom consolidation end? Latest market analysis reference.

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4 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 develop 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 stay in the game. 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 Scholar: April 21, 2025 Ethereum (ETH) Latest Market Analysis Reference

The current price of Ethereum is 1580. It is now a little past three in the morning Beijing time. The bulls waiting have not arrived, and the short entry point has not been reached. Instead, we have seen a wave of price action breaking previous lows. The support below has lost 1587, and the market continues to boil the frog slowly, with a long bottom consolidation phase. The range is very small, and if trading contracts, there is basically no operational space. It is recommended to continue waiting until the previous low is broken before considering whether to go long. Therefore, the analysis is mainly for reference.

The daily K-line shows a high of 1618 and a low of 1564. The EMA trend indicator still indicates a strong bearish trend. The EMA15 fast line has already broken below 1630 and continues to decline. The MACD has been continuously increasing, but the K-line is diverging downwards. A large-scale trend is showing a bottom divergence. Interested coin friends can look for opportunities to enter after the previous low is broken to catch a wave of medium-term trends. The Bollinger Bands are continuously declining, and the K-line is blocked at the middle track of 1640, expanding downwards. Pay attention to the lower track support at 1415.

In the four-hour K-line, it is clear to see that the main force follows the decline but not the rise. The K-line has broken below the EMA trend line and reached a low position. The MACD has ended its volume increase and started to decrease. The DIF and DEA have formed a death cross. The K-line is currently blocked at the lower track support of 1565. The box will become narrower, with the middle track pressure at 1591. In such a narrow market, the risk of trading is greater than the reward. It is recommended that everyone temporarily observe and prioritize survival before considering future actions, or wait for a possibility, which is to enter after Ethereum breaks its lowest point of the year, without going short.

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

For long positions, the trial entry point is 1420 to 1380, with a stop-loss at 1350 and a stop-loss of 30 points. The target is 1470 to 1530, and if broken, look at 1560 to 1600.

For short positions, the trial entry point is 1670 to 1700, with a stop-loss at 1730 and a stop-loss of 30 points. The target is 1620 to 1580, and if broken, look at 1550 to 1530.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication, and the suggestions are for reference only; 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 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 and follow 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 comes 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 happen 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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