8.8 AICoin Mr. Coin: Bitcoin, Ethereum latest market analysis reference, with operational ideas

CN
5 months ago

The cryptocurrency trading is a long-term plan, not a matter of overnight success, so there should be no haste. Even if there is a short-term loss, there is nothing to fear as long as the subsequent direction is chosen correctly. The lost will eventually return. However, it is important to pay attention to the timing of trading and the current market trends in order to increase the winning rate. At the same time, investment is a process of growth. Mr. Coin suggests that all coin friends should learn while operating, summarize the gains and losses in a timely manner, deepen their understanding of risks, and plan their mindset correctly in order to reasonably avoid risks and become qualified investors.

Mr. Coin's BTC Market Analysis Reference: 8.8 BTC

The market has been in a continuous downturn recently, and most investors believe that the market has entered a bear market, especially with the recent performance showing increasingly weak upward momentum and rapid downward speed. Many coin friends are in a state of panic and appear extremely anxious. Whether the bull market is still there is hard to determine now, only time can prove everything.

The intraday trend of Bitcoin is slow to rise and quick to fall, with prices continuously testing lower levels, currently approaching the 55250 level. The short-term market continues to oscillate downward, with intraday rebounds gradually being swallowed up. The focus in the future is on the support level around 54500. If it breaks through, the market is expected to further test the 53000 level. Everyone should be prepared in advance. If it breaks, you can enter a short position with a small position, aiming for a profit of 400-700 points. If it does not break, the market will continue the consolidation from yesterday, but the short-term trend will rebound and continue to return to below the 4-hour midpoint. Therefore, we should still focus on short positions. The upper resistance still focuses on the 57000-57500 area.

Short-term Reference: For more real-time single strategies, online technical learning, and unwinding, you can follow the mentor's official account (Mr. Coin) to obtain the method of adding: the first ten people every day can receive free unwinding strategies.

Pay attention to the stabilization of the short position at 57000, and take a small position in the 57000-57500 range, defend: 58300 replenishment, stop loss 58650, target below 55500.

Aggressive traders can focus on short positions in the 56300-56700 range, with a small position recommended, defend as above.

For long positions, focus on 53000, stop loss 52500, target near 53800.

The article is sent with a delay, and the strategy suggestions are for reference only. The market changes rapidly. No matter how high the judgment of the market is, the stop-loss and take-profit must be well prepared for safety.

8.8 Mr. Coin: Ethereum (ETH) Latest Market Analysis Short-term Reference:

  1. Pay attention to short positions in the 2440-2470 range with a small position, defend at 2560 replenishment, stop loss 2590, target below 2330. For more real-time single strategies, online technical learning, and unwinding, you can follow the mentor's official account (Mr. Coin) to obtain the method of adding: the first ten people every day can receive free unwinding strategies.

The article is sent with a delay, and the strategy suggestions are for reference only. The market changes rapidly. No matter how high the judgment of the market is, the stop-loss and take-profit must be well prepared for safety.

For more real-time singles, you can follow the official account to obtain them. You can learn online market technical analysis, unwinding, etc. I have studied the market for many years, studied the major trends in the coin circle, and analyzed and guided BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins multiple times. For those who do not know how to operate, you are welcome to study and learn together.

This article is exclusively written and shared by Mr. Coin, representing Mr. Coin's exclusive viewpoint. The article is sent with a delay, and the risk is self-borne. Control the position reasonably when trading, and do not overweight or fully invest. Mr. Coin hopes that all fans and friends can achieve financial freedom together and move forward together. In the depths of time, grasp an understanding, and in investment, one must learn to be optimistic. Do not let the future you dislike the present self. We live in reality, but not every piece of data needs to be taken seriously after it is revealed. Let the past go, and let the future come faster! Rest well, prepare yourself at any time, and cheer up!

  • This article is written by Mr. Coin, refusing to plagiarize, and respecting originality!

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