Cryptocurrency trading is a long-term plan; it is not about achieving results 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 advises all cryptocurrency friends to learn while trading, summarizing both gains and losses in a timely manner, deepening their understanding of risks, and planning the 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 3: Bitcoin (BTC)

Bitcoin experienced a pullback and a surge yesterday. After consolidating around the 838,000 level, it broke through the short-term resistance in the 87,000 area in the evening, and the rebound has continued. The current price is around 86,500, with resistance appearing near 87,370. The short-term market is volatile, and after breaking through, the price fluctuates significantly, so it is recommended to implement good risk control to avoid unnecessary losses from market reversals.

Looking at the short-term hourly chart, the Bollinger Bands are opening upwards. After the price touched the 87,000 level and faced resistance, the trend has entered a high-level consolidation again. There was a slight rebound during the day, recovering previous losses, and the high is approaching the previous resistance level. The key focus for the day is the 87,300 resistance area. If it breaks through again, the rebound is expected to continue, and one can take a light position to capture short-term gains. Currently, the bullish sentiment in the short-term trend is dominant, so our strategy is to primarily buy on dips and secondarily sell on rebounds, following the trend after a breakout.

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 3:

Long position: Buy in the 840,000-853,000 range, with a stop-loss at 81,500 and a target above 85,500.

Short position: Pay attention to the breakout and stabilization at 88,000. Lightly short in the 87,200-88,300 range, targeting 500-1,000 points, with a stop-loss at 89,500.

Short-term Reference for Ethereum on April 3:

Long position: Buy in the 1,850-1,880 range, with a stop-loss at 1,650 and a target above 1,845.

Short position: Sell in the 2,010-1,960 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 your 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 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 well, 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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