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Crypto academician: The last chance to adjust positions for those trapped in long positions on 8.4 Bitcoin! Head north to find the dragon! Latest market analysis and reference suggestions

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The fundamental of trading is survival, followed by profit. Therefore, before each operation, think carefully about whether your action is reasonable and whether the principal is safe. Develop a trading strategy that belongs to you and continuously optimize it. The advice of a crypto scholar may not make you rich overnight, but it can ensure your long-term survival in the crypto market. Only those who persist until the end can achieve the results they want. I hope you understand.

I am a crypto scholar, a warrior who has been protecting investors. I wish my fans financial freedom by 2025, let's work hard together!

Crypto Scholar: Latest BTC Market Analysis on 2025.8.4

Bitcoin is currently priced at 114,000. It is 2 AM Beijing time. The callback and stretch have not yet reached the key resistance level. Before publishing, the daily candlestick's highest point was 114,200, lowest 111,850. The upper resistance can refer to the EMA30 trend line at 115,000. After the main force broke through the 0.786 split line and returned above it, there is still a possibility of continuing the bullish stretch. MACD volume reduction is starting, bullish momentum is increasing. DIF and DEA are approaching the zero-axis line. After the Bollinger Bands expanded, the candlestick returned to the Bollinger Band channel, focusing on the lower support at 113,500.

 

The four-hour candlestick has returned to the trend indicator bottom. The EMA trend indicator's downward alternating spread has not ended. MACD is starting to increase volume, DIF and DEA form a golden cross at the bottom. The Bollinger Bands' downward trend remains unchanged, with the top resistance at 117,200. The candlestick is at 114,300 in the Bollinger Band middle, focusing on the lower support at 111,000. There is still upward space. Crypto friends who were trapped in a long position the day before yesterday can now exit at the average price of 114,000. Staying in cash and waiting for opportunities is the most prudent.

 

Short-term strategy reference: Since market conditions are never 100% certain, always use stop-loss and prioritize safety. The goal is to minimize losses and maximize gains. Especially when key resistance and support levels are broken, stop-loss is necessary.

North entry point 111,500 to 111,000, defend 110,500, stop-loss 500 points, target 112,500 to 113,500, break position look at 114,500 to 115,500

South entry point 115,500 to 116,000, defend 116,500, stop-loss 500 points, target 114,000 to 113,500, break position look at 113,000 to 112,500

Specific operations based on real-time market data. For more information, consult the author. Article publication may be delayed, suggestions are for reference only, risk is self-assumed.

This article is exclusively provided by the crypto scholar, representing only their personal view. Having in-depth research on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to article push time, the above views and suggestions lack real-time nature, for reference only, risk is self-assumed. Reprint with attribution. Reasonably control position, avoid heavy or full position operations. The scholar hopes investors understand that the market is always right. If you're wrong, reflect on your own issues and don't let potential profits slip away. Investment doesn't require being smarter than the market. When trends emerge, follow them; when no trends exist, observe and stay calm. Wait until the trend becomes clear before acting. Tomorrow's success comes from today's choices. Heaven rewards diligence, earth rewards kindness, humanity rewards integrity, business rewards trust, profession rewards excellence, art rewards passion. Gains and losses happen unexpectedly. Develop a habit of strict stop-loss and take-profit. The crypto scholar wishes you a pleasant investment journey!

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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