Cryptocurrency trading is a long-term plan, not something that can be achieved overnight, so one should not be too hasty. 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 increase 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 2: Bitcoin (BTC)

Bitcoin continues to rise during the day, as expected, breaking through the 85000 resistance area. Currently, it has reached around 85500 and is under pressure, with the market entering a high-level consolidation. The daily upward trend remains unchanged, and the price has stabilized above the middle track. As long as the price does not fall below 94000 during the day, the upward trend is expected to continue.

Looking at the short-term hourly chart, the K-line shows multiple consecutive bullish candles, with the trend operating in the upper-middle track area. The MACD histogram indicates signs of a top divergence, and the market is under pressure entering high-level consolidation. Although the bullish sentiment is strong, there may still be a risk of a short-term pullback. However, the current price is above all EMA moving averages, indicating a bullish arrangement. The key support at the middle track has not been broken, and support is slowly moving up. The short-term trend is in a consolidation phase under pressure, so our strategy is to buy on dips and sell lightly on rebounds.

For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for access. The first ten daily followers can receive free exit strategies.

Short-term Reference for Bitcoin on April 2:

Long position: Buy in the 83500-82500 range, with a stop loss at 80500 and a target above 84500.

Short position: Pay attention to the breakout and stabilization at 86000, lightly short in the 85500-86800 range, targeting 500-1000 points, with a stop loss at 87500.

Short-term Reference for Ethereum on April 2:

Long position: Buy in the 1850-1880 range, with a stop loss at 1650 and a target above 1845.

Short position: Sell in the 2010-1960 range, with a stop loss of 30 points and a target of 50-100 points.

There may be delays in sending articles, and the strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident you are in your market judgment, always set stop-loss and take-profit 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 access. The first ten daily followers 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. to primarily analyze and guide 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, and 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 diligently, and be ready to set off at any time. Let's go!

—— This article is written by Mr. Coin, and we refuse to plagiarize and respect originality!

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