Crypto Circle Academician: Market sentiment is high for Bitcoin at 11.7! Short hunting begins, seize the opportunity for a downturn!
Bitcoin's current price is 75000. As mentioned yesterday, Bitcoin has entered the short hunting zone, and hunting can begin. From 73500 to the last adjustment, basically most students have adjusted their average price to above 75000, with only a few students' average price around 74000. Continue to hold; short hunting is not a one-day effort. The specific target is to first observe the support between 71500 and 72000, then decide whether to take profits, with a key reference point being the large support level at 69000.

Let's look at the current daily K-line. Last night it broke historical records and reached 76400, then fell back to 75000 and consolidated. The EMA15 trend fast line support has stretched to 70300, and the trend 30 has reached 68500. There is a vacuum area of two thousand points in between. MACD has increased upward with added positions, accompanied by a divergence trend at the top. The market could reverse at any time, so patiently wait for the trend to arrive. Once the Bollinger Bands are broken, I mentioned it would return to the Bollinger channel. Currently, the fast line has returned to the upper Bollinger Band around 74450 and will soon return to the channel. The mid-band support to watch is 69500.

The four-hour K-line has begun to fall back, continuously pulling down. Pay attention to the neck line at 74300. If it breaks, those who haven't entered can go short here. Watch the EMA15 fast line support at 72700 and the trend indicator EMA30 support at 71450. KDJ has formed a dead cross, and the large trend is in the overbought area. At this time, there's nothing wrong with trying short positions; it’s still the same old saying—when the market enters our trading range, we can test positions. We are doing the right thing.

Layout reference: Trend layout for high-level short hunting has begun. The market is not 100%, so always set a good stop-loss. Safety first; small losses and big profits are the goal.

Holding shorts from 75000 to 75500, defend at 76400 for adjustment to short, target looking at 72500 to 71500, if broken, look at 70000 to 69500.

Still the same saying: don’t chase high historical prices for longs, continue to adjust positions to short and pull up the average price. Make good use of the advantages of high leverage and low positions, hold after adjusting positions, and do trend trading, don’t do ultra-short.

The real position short has been published before; there’s no need to show off by publishing it again. Suggestions are for reference only.
I am a warrior who has always been protecting the retail investors. I wish my fans financial freedom in 2024; let’s work hard together!

$BTC #比特币行情分析

Cryptocurrency Academy: On November 7, Ethereum saw a sharp rise and fall. The survival rules are not to chase after rises or panic sell! First, survive.
The first principle is to prefer missing out rather than making mistakes. The second is to never over-leverage in trading. The third is to learn to stay out of positions and wait for opportunities. The fourth is to preserve your capital before thinking about profits. The fifth is to learn to review and summarize patterns.
The current price of Ethereum is 2875, with the daily candlestick reaching a high of 2882 and a low of 2700, which indicates a one-sided trend driven by the EMA trend indicator at 120. This has initiated a long-awaited rebound. The top resistance level of the bat pattern is at 2680, and it is wise to exit before reaching 2700. After the morning session opened, a sharp rise began. When trading, it’s crucial to pay attention to such trends. Do not chase after rapid rises and falls; leave that to others. We will observe and wait for the rebound to finish before making further decisions.
Currently, the daily candlestick has already surpassed the high point of the EMA trend indicator, continuing to move upwards. Theoretically, it can be considered to short above 2820, with a stop loss of 30 points. If it breaks, it can be abandoned. However, before the publication, it had already broken 2880, so there is no need to continue testing positions. Wait until the rebound ends. The MACD is shrinking and starting to expand, with the DIF and DEA forming a golden cross above the zero axis. The upper band of the Bollinger Band has broken the resistance level of 2810, turning it into a support point. Do not rush; wait for effective pressure to form above before drawing a Fibonacci retracement line to find support points for layout.
The four-hour candlestick has continuously stretched, pulling up more than 400 points from 2400. This shows how wise my idea was two days ago when I said that Ethereum breaking below 2400 indicated a hunting area for long positions. The EMA trend indicator has opened an upward network expansion, with EMA15 already rising to 2600. It is expected to further rise to the range of 2650 to 2700 before slowing down. After the MACD expands upward, the upper band of the Bollinger Band has simultaneously fallen below 2770. The approach is to focus on long positions while using shorts as a supplement. Be prepared with both hands and a red heart. The essence of trading is survival; regardless of long or short positions, always set stop losses to prevent liquidation. When wrong, learn to admit it; do not resist.
The main reference should not be taken as operational advice. If the trend is bullish, then remember: do not trade against the trend.
Long positions are suggested in the range of 2700 to 2750, with a defense at 2650 for adding to long positions, stop loss at 50 points, and a target of 2800 to 2850. If broken, look for 2900. $ETH

#以太坊行情分析
Everyone is welcome to discuss and share insights in the comments section. Congratulations again to those who hunted below 2400.

Bitcoin #BTC创历史新高 #美国大选后涨或跌？ #BTC走势预测 $BTC Are you still there in the comment area? 😂

Crypto Circle Academician: The Ethereum bat pattern on 11.6 is valid, bullish hunting below 2400, and the harvest is abundant
　　The current price of Ethereum is 2550, and it is now 10:15 AM Beijing time. Is the bullish indicator of the daily bat pattern clear enough? Yesterday I asked everyone to draw it themselves, and many couldn’t, so I’ll draw one for reference. From the current market situation, our bullish hunting below 2400 is effective, continue to hold, continue hunting to expand the gains. Currently, there is about 200 points of space to take profits, and those who can’t hold may take profits after breaking 2600.
　　Looking at the market, the daily K-line bat has already started to spread its wings, having moved halfway to the EMA60 trend pressure level of 2555. After breaking this level, we will continue to look up to 2615, first to EMA90. The MACD is narrowing upward, and the DIF and DEA have not yet produced energy indicators before starting to contract. Currently, it is still below the 0 axis, indicating that there is enough space above to continue holding and looking up. The Bollinger Bands have stretched directly to impact the middle band of 2550 after standing at the lower band of 2369. Overall, the trend looks bullish, and we continue to look up. The upper band of the Bollinger Bands sees 2737, and the KDJ has formed a golden cross upward.
　　The four-hour K-line has broken the EMA trend indicator and is standing at a high position. The EMA15 is still at 2460 and needs to continue to stretch to provide support for the K-line. The bullish trend has opened up again. Will it experience another downturn? Pay attention to the key pressure level above, the major trend pressure point is 2680. Currently, all major indicators are stretching, and market sentiment is leaning bullish. However, be cautious as the market has entered the overbought zone; it is essential to avoid it. If it enters extreme overbought, even if you don’t short, you can watch from the sidelines.
　　Short-term reference: Long positions have been entered, safety first. Remember there is no 100% certainty in the market, so always set a stop loss. Safety first; small losses with big gains are the goal.
　　For the upper side, short from 2670 to 2700, and add to the short from 2750 to 2850, with a stop loss of 50 points. The target is 2600 to 2550; if broken, look at 2500 to 2450.
　　For the lower side, long from 2400 to 2450, and add to the long from 2350 to 2300, with a stop loss of 50 points. The target is 2500 to 2550; if broken, look at 2600 to 2650.
　　There is no need to present practical records to avoid being accused of showing off. The practical record of Bitcoin updated just now cannot be helped, and the comment section is full of bulls. I can only stimulate others a bit, but everyone is welcome to communicate in the comments, regardless of bullish or bearish, polite comments are appreciated.
　$ETH #ETH行情分析

At this time, when to wait in vain, once broken, continue to adjust the average price, reduce positions at the average price, high leverage and low positions, don't go all in #BTC创历史新高 $BTC

Bitcoin shorts have no afterthoughts, thank you. Only play for real, if you don't want to, that's fine. For reference only, risk is self-borne. The main force has limited long positions, and it's easy to go short by reversing. #BTC创历史新高 #BTC突破7万大关 #BTC走势预测
$BTC

Cryptocurrency Scholar: With Trump’s help, Bitcoin returns to 70,000! The short-seller hunting zone has been set, prepare for significant volatility!
　　The current price of Bitcoin is 71,000, it is now 9:40 AM Beijing time. Yesterday, two pieces of news emerged: first, Trump’s victory sent Bitcoin back to 70,000, and Sister Haha’s victory brought it back to 60,000. From the market sentiment, the results are self-evident. As for how long this can last, we must view this matter rationally. From the overall trend of the market, Bitcoin has once again returned to the vicinity of major trend resistance levels. Therefore, there is no need to think too much; as long as we enter our short-seller hunting zone, the hunt officially begins. I won’t go into detail about the trial positions everyone will take; let’s look at the market.
　　Currently, the daily K-line opened at 69,370 at 8 AM and stretched to a high of 71,455. The daily K-line has already climbed to a high position. The EMA15 trend fast line support is at 69,000. The MACD shows a continuation of divergence at the high level, with a decrease in volume and an increase in positions. The DIF and DEA are contracting at high levels, and the upper Bollinger Band resistance has started to pull up, now reaching 72,300. The middle band support has come to 68,950. The daily K-line shows a V-shaped transition trend, with KDJ contracting upwards. Overall, it has not yet reached the overbought level, but it is close. So let’s wait for now; after Bitcoin breaks 72,000, we will start testing short positions.
　　The four-hour K-line has not yet clarified the pressure point on the right shoulder. Standing on the three major EMA trends, first supporting at 69,200 before a violent stretch. The magical nine turns six have occurred; to clarify the pressure point, we have to wait until the evening US market time. The MACD continues to increase in volume and positions, breaking the upper Bollinger Band at 70,300. If it goes further, it will still return to the Bollinger channel. Looking at the overall trend, the major pressure point is confirmed, and for the smaller levels, we only consider one thing: to layout shorts at the pressure point; the support point is too far, so we temporarily do not consider going long.
　　Layout reference: Trend layout for high position short hunting preparation.
　　Short from 72,000 to 72,500, with a defense from 73,000 to 73,500 for adjustment shorts, utilizing the advantage of high leverage and low position to continuously raise the average price. Once returning to the average price, offload the portion for supplementary positions, targeting the 69,000 to 67,000 range for the market. After breaking, continue to look down for space to capture over 5,000 points before freely cashing out. For those who want to hold on, consult me.
　　Do not chase prices near historical highs; those who are prudent can stay in cash and watch the show.
I am a cryptocurrency scholar, a warrior who has always been protecting the retail investors; let’s keep going together! $BTC #比特币行情分析

If the news is true, take off directly tonight #美国大选后涨或跌？ #美国大选后叙事观察 #比特币走势分析 #BTC走势预测 $BTC

Ethereum's recent hunt has brought everyone plenty of rewards, right? $ETH Wishing you prosperity
#ETH收益 #ETH大涨

Crypto Circle Academician: The bat pattern of Ethereum appears at 11.5! The low buy strategy is effectively hunting, latest market analysis reference

　　The current price of Ethereum is 2386, it is now 9:30 AM Beijing time. I reminded everyone yesterday to prepare for hunting after falling below 2400, this statement still holds. Those who needed to enter have already done so in the morning, and those who haven't should continue to observe. As for the results, everyone will naturally see them when the market moves
　　
　　Looking at the market, the daily K-line has already formed a bat pattern. Friends who can read can draw a bullish bat pattern. The EMA trend indicator has entered the final stage of the descending channel, with the EMA15 fast line resistance at 2508. The MACD continues to shrink and spread downwards, especially since both DIF and DEA have entered below the 0 axis. Additionally, the K-line has touched the lower support of the Bollinger Bands at 2365. The KDJ is blocked from spreading downwards at 2365, indicating that the lower support is effective for long positions, and it’s fine to hold
　　
　　On the four-hour K-line, after the close at 8 AM, it began to retrace. The EMA trend indicator is spreading downwards and is basically in the final stage, with the EMA15 resistance now at 2450, which can serve as the first resistance. The MACD bottom divergence continues, with a reduction in volume. The DIF and DEA are spreading downwards, and the K-line has directly broken below the lower track of the Bollinger Bands at 2402. Remember that once the K-line breaks below the Bollinger Bands, it will eventually return to the Bollinger channel; this is common sense. The KDJ is blocked at 2355 and the support is starting to contract. The low buy strategy is effective, continue to hold, and consider shorting only after breaking above 2480 at EMA30
　　
　　Short-term reference: Long positions have been entered, set stop losses well, safety first. Remember that the market is never 100% certain, so always have proper stop losses; safety first, small losses and big profits are the goal
　　
　　For the upper range: Short from 2485 to 2505, with a defense at 2550 to add to the short position, stop loss 30 points, target looking at 2450 to 2400, break level at 2350
　　
　　For the lower range: Long from 2330 to 2360, with a defense at 2250 to 2280 to add to the long position, stop loss 50 points, target looking at 2420 to 2450, break level at 2500 to 2550

Don’t forget, the darkest moment is often just before dawn. On the road to pursuing dreams, you are never alone; you still have me
　　
　　I am the Crypto Circle Academician, a warrior who has always protected the retail investors. I wish my fans can achieve financial freedom in 2024, let’s work hard together!

$ETH #ETH行情分析 #以太坊行情分析

Crypto Circle Scholar: 11.5 Bitcoin Short Position Continues! Market Sentiment is Tense! Head and Shoulders Pattern Emerging, Future Trends are Intriguing!

　　Current Bitcoin price is 67700, it is now 9:30 AM Beijing time, the short position continues, the entry point yesterday was not reached, those who did not enter can continue to observe, those who entered at high positions should not rush to exit, nor should they think about taking profits at the lowest point; securing profits at the retracement point is already quite good. Currently, most students have positioned shorts at 73000, 72000, and 71500. Pay close attention to the significant neck line area between 66000 and 66500, which is a vacuum zone; if this position holds, they can take all profits, if it breaks, they can still secure part of the profits and hold the rest.
　　
　　Looking at the market, capital released various bearish signals before the elections, all waiting for the shoe to drop. The daily K-line shows a clear head and shoulders pattern. Currently, it stands above EMA30 support at 67200. The highest point of yesterday's daily K-line was 69500, and the lowest was 66835, briefly breaking EMA30 once. Although it is currently holding at the support point, remember that a support level that is held for too long is likely to fail. MACD is decreasing in volume, DIF and DEA are spreading downwards from a high position, the Bollinger Bands are contracting, and the K-line has broken below the middle track at 68650; this support has turned into resistance, with the lower track support point at 65400. The stronger the bearish trend, the more we need to be cautious of the short position; as soon as a rebound occurs, we should choose to exit.
　　
　　The four-hour K-line shows a descending channel, and the EMA trend indicator is beginning to spread downwards. The EMA trend indicator shows a double dead cross trend, indicating that the likelihood of the market testing the previous low again is increasing. The MACD bottom divergence trend continues, and DIF and DEA are spreading below the 0 axis line. The Bollinger Bands have stopped contracting and are moving downwards, and the K-line has also reached the lower track support at 67500. KDJ is expanding downwards, and the overall trend remains bearish. Focus on the large level support point at 65500.
　　Intraday reference: The market is never 100% certain, so always set stop-losses; safety first, small losses and big gains are the goal.
　　Short positions from 68500 to 69000, defend at 69500 to add to short positions, stop-loss at 500 points, target at 67500 to 67000, if broken, look at 66500.
　　Long positions from 66000 to 65500, defend at 65000 to add to long positions, stop-loss at 500 points, target at 67000 to 67500, if broken, look at 68000.
　　I am a warrior in the crypto circle who has always been protecting retail investors. I wish my fans financial freedom in 2024. Let's work hard together $BTC #比特币行情分析

Let me say a few things first,

First, Mentougou is making trouble again today on the day of the US election

Second, the election results of the United States have not come out, and the price of the cake has returned to the middle line. If Trump is elected, the price of the cake will return to 70,000.

Third, Haha sister has appeared for less than three months and she can compete with Trump. Imagine the capital behind her. If she comes to power, the price of the cake will return to 60,000.

Fourth, there is no confirmed news, just listen to it. Musk arrived in Longguo by plane late at night. I don’t know if it is true or false. Don’t spread rumors, don’t believe rumors, wait for the shoes to fall, welcome everyone to communicate in the comment area $BTC #美国大选后涨或跌？ #美联储利率决议来袭 #BTC合约

Crypto Circle Scholar: Effective Short-Term Rebound Space for Ethereum on 11.4, High Position Short Strategy Exposed, How to Seize Opportunities
　　Current price of Ethereum is 2475, it is now 11:20 AM Beijing time. Yesterday, what needed to be cashed out has been cashed out. The ideas are well known, with clear short positions at 2720 and 2565. Once Ethereum breaks below 2450, those holding high positions can gradually exit. As for how much space can be captured, you can calculate it yourself. The daily K-line's lowest yesterday was 2410, which slightly broke the Bollinger Band support at 2415 that I mentioned yesterday, not giving a chance to go long. Continue to prepare for hunting, after all, opportunities are for those who are prepared. The thought remains unchanged; as long as Ethereum breaks below 2400, long positions hunting will begin. When effective support is encountered, everyone can try to add to long positions.
　　Looking at the market, yesterday's K-line reached a high of 2496 and a low of 2410. The market has now reached the bottom support. EAM15 has broken below EMA30 and has reached 2530, which can be used as today's resistance level and entry point. The MACD shows a downward trend with decreasing volume, the DIF has broken below the 0 axis, and the DEA is also pushing downwards. The KDJ continues to spread downwards, and the overall bearish momentum continues, with the focus still on high position shorts.
　　The four-hour chart shows signs of a pullback, with three consecutive bullish candles returning to the EMA15 resistance level near 2480. Pay attention to the second resistance level of EMA30 at 2510. The downward trend of the EMA indicator has not yet ended, so use the pullback to the resistance level as an entry point for shorts. The MACD shows clear bottom divergence and increasing positions. The DIF and DEA golden cross has formed, indicating that the pullback has not ended and will continue to rise further. The Bollinger Band has started to contract, with the upper resistance level at 2538 and the lower support at 2435. The KDJ is spreading upwards, and the thought is to pay attention to the resistance level; after reaching it, one can continue to test short positions. For now, do not consider chasing long positions; wait until breaking below 2400 before considering how to stabilize long positions.
　　Short-term reference: Safety first. Remember that the market is never 100%, so always have a good stop loss. Safety first, small losses with big gains is the goal.
　　Shorts at 2530 to 2550 with a stop loss of 30 points, target looking at 2470 to 2430, breaking below looking at 2400 and 2350.
　　Longs from 2400 to 2430, with a defensive line at 2350 to 2320 for adding more, stop loss of 50 points, target looking at 2470 to 2520, breaking below looking at 2560.
I am a scholar in the crypto circle, a warrior who has always protected the investors. I wish my fans to achieve financial freedom in 2024. Let’s work hard together!
$ETH #以太坊行情分析
#ETH行情分析

Bitcoin shows signs of a pullback on the small scale, while the larger scale remains bearish. For those who haven't entered, you can wait for a pullback near 71,000 to short. The larger scale is in a bearish trend, so chasing longs is not recommended. Currently, 69,000 is at a major neckline level where the market direction is unclear. You can take a look at the order book to understand what I mean. This suggestion is for reference only, and risks are to be borne by yourself. $BTC #比特币行情分析

Cryptocurrency Scholar: The large-scale trend for Bitcoin is still bearish at 11.4, looking for pullbacks in the smaller scale, how to choose entry points
　　It is now 10:15 AM Beijing time, the current price of Bitcoin is 68,950, yesterday's daily K-line peaked at 69,400 and fell to a low of below 67,500. The strategy yesterday was to go long at 67,500, and before the release of this article, there was an operable space of 1,800 points at the highest point. It can be confirmed that after the pullback yesterday stood on the EMA30 support point of 67,300, it returned above the EMA15 trend line of 68,800. As for whether the bullish and bearish trend can reverse from bearish to bullish, it still depends on the position where the right shoulder forms. The large-scale head and shoulders pattern has already progressed significantly, and there is still a bit of distance to the key support point in the 66,500 range, so patience is required.
　　After today's opening, the bulls have not given up and are still trying to test the resistance level, but the EMA15 trend line is obviously weak. The MACD is shrinking downwards, resulting in a high-level dead cross between DIF and DEA, leaving only waiting for downward diffusion. The Bollinger Bands are contracting, and the K-line has broken below the middle track at 68,700. It is currently above the middle track support. The upper track resistance is at 72,000, and the lower track support point is at 65,500. The KDJ downward diffusion trend remains unchanged, and the large-scale trend remains bearish.
　　Looking at the four-hour K-line, after breaking below the EMA trend indicator, it continuously stood on the EMA120 trend line support at 68,150, then pulled back to the closing pressure level at 69,500. The MACD is showing obvious shrinking and accumulation, and the market is in a bottom divergence phase. The small-scale bottom divergence indicators have appeared, with DIF and DEA contracting at low levels. As long as the neck line resistance at 69,500 holds, the market is still bearish. If it breaks, it will return to the 70,000 mark to challenge the previous high of 71,500. The Bollinger Bands are contracting, the lower track support is at 68,050, the middle track resistance can be temporarily ignored, and the focus should be on the upper track pressure level at 70,350, which serves as the first entry point for today’s short positions. In the context of maintaining the large-scale bearish trend, the small-scale resistance level serves as the entry point for trend-following operations.
　　Intraday reference: Keep stop-loss in mind; safety first. The goal is to minimize losses and maximize gains.
　　Sell at 70,200 to 70,500, with a stop-loss at 71,200 to 71,500 for adding to short positions, stop-loss at 500 points, target looking at 69,500 to 69,000, and if broken, looking at 68,500 to 68,000.
　　Buy at 68,000 to 68,500, with a stop-loss at 67,500 for adding to long positions, stop-loss at 500 points, target looking at 69,000 to 70,000, and if broken, looking at 70,500.
I am a cryptocurrency scholar, a warrior who has always protected the retail investors. I wish my fans to achieve financial freedom in 2024. Let's work hard together! $BTC #BTC行情分析 #比特币行情分析

Ethereum is about to enter the long hunting zone, all hunters get ready to start testing positions. If you don't know how to simulate testing positions, align with market conditions, and when the market gives an entry signal, just execute deeply according to the system. If wrong, cut losses; if right, hold on. We cannot only pursue win rates and ignore our original intention. We are doing the right thing, allowing ourselves to make mistakes. The premise of making mistakes is that we are doing something correct. $ETH
#ETH行情分析

If the support in the range of 66500-66000 holds, take profit on shorts, wait for a pullback to the right shoulder 69500-69000 to continue shorting $BTC
#BTC走势预测

Crypto Circle Academician: Ethereum shorts sweep on 11.3! Bollinger band lower support will reach 2415! Latest market analysis reference

　　Current price of Ethereum is 2483, which is only a few points away from 2515 before yesterday's publication, but it already indicates that the short trend has opened up. Once the gap below opens, the space will enlarge, and the continuation of this situation may appear. However, regarding the long testing position around 2400, if it breaks below 2450, one must consider whether to take profit and exit the position.
　　
　　The daily line opened low and continued to decline at eight in the morning. The EMA15 and EMA30 trend lines formed a death cross trend downwards. In the short term, shorts continue to hold and probe downwards. MACD volume decreases, DIF falls below the 0 axis, and DEA is also expanding downwards without finishing the space. The short trend continues, the Bollinger band is contracting, and the lower support is moving down from yesterday's 2430 to the current 2415, indicating there is still over 60 points of space below.
　　
　　After the 2500 level was lost on the four-hour K-line, the EMA trend indicator has been continuously spreading downwards in a net-like manner, and the overall trend is still probing for a bottom in the final stage. The MACD bottom divergence trend appears, and DIF and DEA are expanding downwards. The Bollinger band is down, with the middle track resistance at 2535, and the lower track support has slightly adjusted to 2415. It is suggested to gradually exit shorts after breaking 2450.
　　
　　Short-term reference: Safety first, remember that the market is never 100% certain, so always set stop-losses. Safety first, small losses for big profits is the goal.
　　
　　On the 30th, the first target is 2720 for holding shorts, on the 1st, the second target is 2565 for holding shorts, aiming for 2450 and 2400. For breakouts, take profits in batches and aim for 2350 to cash out completely.
　　
　　For the range below 2400 to 2430, go long, with a stop at 2350 to 2320 for adding to long positions, stop-loss at 50 points, aiming for 2470 to 2520, and for breakouts, aim for 2560.
　　
Don't forget, the darkest hour is often just before dawn. On the road to pursuing dreams, you are never alone; you still have me.
　　
　　I am a warrior in the crypto circle protecting the retail investors, wishing my fans achieve financial freedom in 2024, let’s keep it up together!

$ETH #以太坊行情分析 #ETH行情分析

Crypto Circle Scholar: The Bitcoin bearish trend formed on November 3, how to survive in a bearish trend! The truth that long-held support levels will eventually fail!
　　It is now 9 AM Beijing time, Bitcoin's current price is 69,150. Bitcoin has been unable to drop below the neckline for three days now. Following the principle of things not happening more than three times and the truth that long-held support levels will eventually fail, continue to hold shorts. For those who haven't entered at high positions, continue to observe; for those who have entered, just hold on.
　　
　　The daily chart has reached the EMA15 trend support at 68,850, with the EMA30 trend support to be monitored at 67,300. The MACD shows a bearish signal with one large and one small volume, and the DIF is forming a death cross as it moves downward from a high position. I've mentioned this indicator before: a large and a small death cross indicates a trend to short. This indicator is valid as long as it appears. The Bollinger Band's bullish movement is hindered at 72,000, with the mid-band support at 68,600. The lower band is still being pulled up and has reached 65,300, with expectations to form key support around 66,000.
　　
　　The four-hour K-line has formed a descending channel, with the fast line breaking below the EMA60 trend line at 69,400. It is very close to the EMA90 support at 68,750. The key support point to watch is 68,100. The MACD shows a typical bottom divergence trend with reduced volume and increased positions, but the DIF and DEA have not yet exited the energy indicator. The KDJ has been contracting downward, and the bearish trend has not yet completed. Continue to hold and wait for a clear support after the bottom is reached to enter long positions.
　　
　　Short-term strategy reference: The market is never 100% certain, so always set a stop-loss. Safety first, small losses and big profits are the goal.
　　
　　Hold shorts, targeting 68,500 to 68,000. If broken, look for 66,500 to 67,000.
　　
　　On the downside, buy between 68,000 to 68,500, with a stop-loss at 67,500 to add to positions. Stop-loss at 500 points, target 69,000 to 70,000, if broken look for 70,500.

The essence of trading is survival, and only then comes profit. So before each operation, think clearly whether your operation is reasonable and whether your capital is safe. Develop a trading strategy that belongs to you, continuously optimizing and improving it. Although the suggestions from the Crypto Circle Scholar may not make you rich overnight, they can ensure your continued presence in the market. Only those who survive long-term in the crypto space and persist until the end can achieve the results they desire. I hope you can understand.
　　
　　I am a Crypto Circle Scholar, a warrior who has always protected the retail investors. I wish my followers financial freedom in 2024. Let’s keep pushing forward together! $BTC #BTC行情分析 #比特币行情分析

Crypto Circle Scholar: Ethereum fluctuates on November 2nd, how to respond to the upcoming volatility with opportunities for both bulls and bears?

　　The current price of Ethereum is 2515, it is now 4 AM Beijing time, the daily K-line's highest point is 2587, the lowest point is 2465. Previously, after breaking below 2500 from 2720, a profit was taken, missing out on over 200 points. Before publication, the second entry point was at 2565, entering with non-farm data. Currently holding, although before publication the market was above 2500, looking down there is basically not much space left. It's okay not to rush, if 2500 can't hold, the support level will eventually fail. The reason is simple: Ethereum doesn't understand how to rise, and it also can't move when it falls.
　　
　　Currently, the daily K-line has a false breakout through the EMA60 trend resistance level at 2570, forming a long upper shadow, a typical baiting indicator, and it has returned below the EMA trend indicator. The MACD volume is decreasing, and the DIF and DEA are spreading downwards from a high position, indicating a market where the space is compressed, unable to rise or fall. The Bollinger Bands are also contracting, with the mid-band resistance at 2582 and the lower band support at 2430. After breaking below 2500, there is the same freedom to take profits. A larger scale market contraction means Ethereum will continue to torment people.
　　
　　The four-hour K-line has a handle and cup shape, which I mentioned in previous articles. The cup's opening has a pullback point at 2565, providing an opportunity for shorting. The EMA trend indicator continues to expand downwards, and the short trend is not over yet. It is expected that the K-line will pull back to the upper moving average resistance area around 2550, which can be referenced. The MACD shows a decrease in volume, and the Bollinger Bands are opening downwards, with the lower band support having broken below 2455. The trend continues the previous thought process, with a pullback to the upper resistance level for further shorts. Near 2400, you can also begin to test long positions.
　　
　　Short-term reference: Safety first, remember that the market is never 100% certain, so always set a stop loss. Safety first; small losses and big gains are the goal.
　　
　　Short above 2570 to 2550, stop loss of 50 points, target looking at 2520 to 2480, breaking below targets 2430.
　　
　　Long below 2400 to 2430, with a defense at 2350 to 2320 to add to longs, stop loss of 50 points, target looking at 2470 to 2520, breaking below targets 2560.

Don't forget, the darkest hour is often just before dawn. On the road to pursuing dreams, you are never alone; you still have me.
　　
　　I am a warrior in the crypto circle, always protecting the retail investors. I wish my fans financial freedom in 2024, let's work hard together!
$ETH #ETH行情分析