Mr. Coin's Message: The essence of trading lies in the ability to find opportunities, plan before taking action, and strategize. This has always been the key to Mr. Coin's success in the market. Many people fail due to chaotic operations, lack of planning, and most importantly, heavy losses resulting from holding positions, locking positions, not setting stop-loss orders, and ultimately, a lack of direction. Fear of missing out on market trends, following the wrong orders, following the crowd, and having a poor mindset often lead to small gains and large losses. Therefore, it is important to carefully consider entry points before taking action. Aggressive entry points can leave one in a dilemma between long and short positions, either catching the highest or lowest point, resulting in significant price differences. Reluctance to set stop-loss orders can only lead to holding positions, while stable entry points allow for profitable exits and timely exits.

Bitcoin, following a rebound of over a thousand points within the day, has returned to the pressure level of around 62500. Currently, it is operating near the 62090 level. The bullish sentiment has slightly improved, but there are heavy resistances above, and the upward momentum after breaking through is not strong. Therefore, it is not advisable for friends to blindly chase after the rise, and caution should be exercised to prevent price pressure from causing a further pullback.

Looking at the four-hour chart, the intraday market has rebounded after retracing to the middle support line. The short-term trend continues to consolidate at high levels, but the overall trend remains within a range. Therefore, it is not advisable to blindly follow the trend in operations. The upper pressure is focused on the 62300-62500 area. If an opportunity arises, consider entering a short position, with a profit target of below 61500 and a stop-loss at 62800. The short-term support below is around 60500-60800. If an opportunity arises, consider entering a long position, with a stop-loss at 60100 and a profit target of 300-500 points.

As for Ethereum:

Influenced by the overall market, Ethereum has also experienced a slight upward movement, reaching a resistance near 3434 without further testing the previous pressure level. It is evident that there is still some selling pressure above, so it is not advisable for friends to blindly chase after the rise without stabilizing above 3475. Looking at the daily chart, it is still in a consolidation phase, so our strategy can be both long and short. The upper pressure is focused on the vicinity of 3450. If an opportunity arises, consider entering a short position, averaging down at 3500, with a stop-loss at 3520, and a profit target near 3350-3380. The lower support is around 3350-3370. If an opportunity arises, consider entering a long position, with a stop-loss at 3310 and a profit target of 30-50 points.

The strategy is for reference only, and the entry points are time-sensitive. There is a delay in posting, so please refer to real-time market conditions for specific details. Once again, it is emphasized to manage risks well. No matter how confident you are in your judgment of future market trends, always set your profit and stop-loss orders!

This article is exclusively written by the senior analyst Mr. Coin. The author has been researching and investing in the financial market for many years, mainly analyzing and guiding operations in the BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV and other cryptocurrency contract and spot markets. The mentor has a solid theoretical foundation and practical experience, excels in technical and fundamental analysis, emphasizes on capital management and risk control, and adopts a steady and decisive operational style. He is widely recognized by the investment community for his amiable and responsible personality combined with sharp and decisive operations. For more real-time investment strategies, trading techniques, operational skills, and knowledge of candlestick charts, please follow the mentor.

- This article is written by Mr. Coin in the cryptocurrency circle, rejecting plagiarism and respecting originality!

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。