Cryptocurrency trading is a long-term plan, not something that can be achieved overnight, so one should not be overly anxious. Even if there are short-term losses, there is nothing to fear. As long as the subsequent direction is chosen correctly, what has been lost will eventually return. However, it is important to grasp the timing of trades and the current market trends to improve the win rate. At the same time, investing is also a process of growth. Mr. Coin suggests that all cryptocurrency friends learn while trading, summarizing both profits and losses in a timely manner to deepen their understanding of risks and to plan a correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

Mr. Coin's Cryptocurrency Market Analysis Reference for April 1: Bitcoin (BTC)

Yesterday, the Bitcoin market saw some bullish recovery, with the price continuing to show weak fluctuations during the day. By the evening, after a pullback to around 81,300, it rebounded, followed by a period of oscillating upward. Currently, the price is approaching the 84,000 level, and the overall market maintains a wide range of fluctuations, with the price operating above 83,000, showing a continuation trend.

Looking at the short-term hourly chart, the Bollinger Bands are in a converging state, with the price retracing and operating above the middle band. The short-term trend is under pressure at the 84,000 position, with multiple pullbacks during the day leading to a quick rebound. However, long upper shadows frequently appear, indicating that the market is under pressure. If it cannot break and stabilize above 84,000 in the short term, there is a possibility of further pullbacks. Therefore, it is not advisable to blindly chase long positions; caution is needed to prevent the price from dropping again. Pay attention to the breakthrough and stabilization of 84,000 above, and the support at the 82,000 level below.

For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for addition methods: the first ten each day can receive free exit strategies.

Short-term Reference for Bitcoin on April 1:

Long positions: Buy in the 81,500-82,500 range, with a stop loss at 79,500 and a target above 83,500.

Short positions: Pay attention to the breakthrough and stabilization of 84,000, with light positions in the 84,500-85,800 range, targeting 500-1,000 points, with a stop loss at 86,500.

Short-term Reference for Ethereum on April 1:

Long positions: Buy in the 1,750-1,780 range, with a stop loss at 1,650 and a target above 1,845.

Short positions: Sell in the 1,880-1,930 range, with a stop loss of 30 points and a target of 50-100 points.

There may be delays in sending articles; strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident you are in your market judgment, always set take-profit and stop-loss levels to secure your gains.

For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for addition methods: the first ten each day can receive free exit strategies.

For more real-time trading strategies, you can follow my public account for online technical learning, exit strategies, etc. I have researched the market for many years, studying the major trends in the cryptocurrency space, and have studied extensively in the U.S. focusing on analyzing and guiding BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other cryptocurrencies. I welcome all cryptocurrency friends who are unsure about trading to study and learn together.

This article is exclusively shared by Mr. Coin and represents his unique perspective. There may be delays in sending articles; risks are to be borne by the reader. Manage your positions reasonably and avoid heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, to move forward together, and to keep striving. In the depths of time, hold onto understanding. In investing, one must learn to be optimistic. Do not let your future self dislike your present self. We live authentically, but not every data revelation needs to be taken too seriously. Let the past be the past, and let the future come quickly! Take good care of yourself, prepare well, and be ready to set off at any time. Let's go!

—— This article is written by Mr. Coin, no plagiarism allowed, respect originality!

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