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 academicians 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.

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: April 17, 2025 Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 83,700. It is now a little past 2 AM Beijing time. How much did everyone capture in this wave of stretching and diving? From 83,500 to 85,500, a gain of 2,000 points going north, and from 85,000 down to take profit at 83,500, another 1,500 points. The market is fluctuating back and forth. The specific trading records have been updated, and you can refer to them to see the entry and exit points I selected and how they differ from yours. The fundamental reason is a lack of execution and confidence in your trading system. When it comes to taking profits, there is always hesitation and fear of loss, which is a common issue. You need to learn to be your own enemy and befriend the trend.

Currently, the highest price on the order book is 85,500, and the lowest is 83,000. It has been consolidating at a high level for five consecutive days. This kind of range-bound trading can indeed be captured, but don't try to catch it too many times. A larger pattern has formed an ascending flag shape, which can easily lead to false breaks of support or resistance, resulting in the possibility of giving back profits. So be cautious. The MACD has been continuously increasing, with the DIF and DEA expanding upwards from a low position. After the Bollinger Bands consolidated, the K-line has been standing at the middle track, with the upper resistance level at 87,000. Therefore, it can be seen that there is a wave of short-term profits to be captured. Everyone should pay attention to the upper resistance, and currently, it is prudent to short.

The four-hour K-line shows the flag pattern most clearly, with the fast line forming standing points at 83,000 three times, combined with the contraction of the EMA trend indicator. The market is forming a top divergence trend, which must be guarded against. The MACD has been continuously decreasing, with the DIF and DEA contracting above the zero axis. The Bollinger Bands are consolidating, with the four-hour K-line probing the upper track at 85,700 and the lower track at 83,000. This kind of back-and-forth market can create illusions. Don't let this trend interfere with you; execute according to your plan. When it reaches the support level, choose to go north. Make sure to defend and set stop losses, and leave the rest to time.

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

Going north trial entry point: 83,500 to 83,000, defense at 82,500, stop loss 500 points, target at 84,500 to 85,000, break point at 85,500 to 86,000.

Going south trial entry point: 87,000 to 86,500, defense at 87,500, stop loss 500 points, target at 85,500 to 85,000, break point at 84,500 to 84,000.

Specific operations should be based on real-time data from the order book. For more information, you can consult the author. There may be delays in article publication, so 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 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 Academician also hopes that all investors understand that the market is always right. If you are wrong, you should summarize where the problem lies. Don't 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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