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 crypto scholars may not make you rich overnight, but they can ensure you stay in the game. Only those who survive and persist in the crypto market 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 August 6, 2025
BTC is currently priced at 113,100. It is 1 AM Beijing time. I mentioned 115,000 going south both the day before yesterday and yesterday. The strategy is clear. Some crypto friends who went south above 119,000 are still holding, while most crypto friends went south at 11.55, and the rest are gradually taking profits. For specific batch selling points, you can consult me as the practical record has been updated for a more intuitive reference.
The daily K-line reached a high of 115,100 and a low of 112,600, breaking through the 0.786 golden ratio line at 112,900. The next support is the EMA60 trend support at 111,900. If it doesn't go down at this point, a Double Bottom will form, and crypto friends going south should consider exiting. There's no need to rush before that. MACD volume is decreasing and starting to accumulate, indicating a high probability of a bull trap yesterday. DIF and DEA have moved above the 0-axis, and breaking below means bearish momentum is coming. The K-line is currently at the Bollinger Band lower support of 112,600, maintaining support without breaking.
The 4-hour K-line has entered a downward channel. After reaching the resistance at 116,000, it fell back, breaking the trend indicator. MACD volume is decreasing. If the K-line fails to hold 112,600, MACD will end its volume expansion and start shrinking downward. DIF and DEA will form a death cross below the 0-axis, extending the bearish momentum. Overall, the strategy is bearish. Those already holding short positions continue to hold, and those without positions can wait for the next opportunity.
Short-term strategy reference: Since market outcomes 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.
Going north entry point: 111,500 to 111,000, defend 110,500, stop-loss 500 points, target 112,500 to 113,500, break position target 114,500 to 115,500
Going south entry point: 115,500 to 116,000, defend 116,500, stop-loss 500 points, target 114,000 to 113,500, break position target 113,000 to 112,500
Actual operations depend on real-time market data. For more information, consult me. The article may have a delay, suggestions are for reference only, and risks are to be borne by the individual.
This article is exclusively provided by the crypto scholar and represents only their personal view. They have in-depth research on BTC, ETH, Doge, DOT, FIL, EOS, etc. Due to publication timing, the views and suggestions may not be real-time and are for reference only. Risks are to be borne by the individual. Please credit the source when reprinting. Manage positions reasonably, avoid heavy or full position trading. 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. There's no need to be smarter than the market. When a trend appears, follow it; when there's no trend, observe and wait. Wait for the trend to become 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, and art rewards passion. Gains and losses happen unexpectedly. Develop the habit of strict stop-loss and take-profit. The crypto scholar wishes you a pleasant investment experience!
