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 losses in the short term, 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 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 Bitcoin (BTC) on 10.13

Bitcoin continued to oscillate upward during the day, breaking through the key support of the middle track on the daily level. It is currently oscillating back and forth around the 63000 range, with the high position near 63500. The daily oscillation has warmed up bullish sentiment, and the market is beginning to lean towards an upward trend, so friends should prepare in advance.

From the daily chart, yesterday's price ended with a bullish candle, and the market broke through the Bollinger middle axis resistance to move upward. The overall situation has improved compared to previous days, and the middle track support is slowly rising. As long as the price does not fall below the 62000 line during the day, the short-term upward trend will not change.

On the short-term hourly chart, the market retraced and attacked yesterday, returning to the middle and upper track area. Currently, the high position is under pressure near 63500, and the price has entered a slight high-level consolidation. The short-term market sentiment is relatively sluggish, with both bulls and bears gradually in a stalemate. The upward momentum is weakening, entering an adjustment phase. There is a trend of retracement, but as long as the key support level is not broken, the market still leans towards upward movement. Specific actions should depend on the strength of the retracement, so it is recommended that friends trade short on rebounds and long on retracements during the day.

Short-term Reference for Bitcoin on 10.13:

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 people each day can receive free exit strategies.

Long position: Buy in the 61800-61300 range, with a stop loss at 60000 and a target above 62500.

Short position: Sell in the 63500-63800 range, with a target below 62500, and a stop loss at 648500.

Short-term Reference for Ethereum on 10.13:

Short position: Sell in the 2521-2490 range, with a stop loss at 2670 and a target below 2460.

Long position: Focus on the 2340-2380 range, with a stop loss of 50 points and a target above 2430.

The article may have delays in sending, and the strategy suggestions are for reference only. The market changes rapidly, so 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 trades, 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 BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other cryptocurrencies. I welcome those who are unsure about trading to study and learn together.

This article is exclusively written and shared by Mr. Coin, representing his unique views. There may be delays in sending the article, 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, no plagiarism allowed, respect originality!

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