Mr. Coin in the Crypto Circle: 10.14 Bitcoin, Ethereum latest market analysis reference, along with operational ideas.

CN
1 day ago

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 is 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 suggests that all cryptocurrency friends learn while trading, summarizing both gains and losses in a timely manner to deepen their understanding of risks and to plan 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 10.14

The intraday trend of Bitcoin continued its upward trajectory in the morning, with prices slightly consolidating. If a downward movement occurs, the intraday high will be pressured around 63400, entering a correction phase. The overall market sentiment is sluggish, and the range of fluctuations is continuously compressing. It is expected that this range-bound pattern will continue for some time.

Looking at the short-term hourly chart, the Bollinger Bands are still opening upwards. In the 4-hour cycle, the MACD fast and slow lines are close to the zero axis, and the MACD histogram has turned from positive to negative. In the short term, the bullish and bearish forces are balanced. From the daily chart, the price is also testing back and forth around the middle axis of the Bollinger Bands, which may indicate a directional choice. Although the price is temporarily hindered from rising, the market remains in the upper range of the 4-hour chart, with support slowly moving upwards. If the price stabilizes above 62700 before the close at 8 o'clock, it is expected that the market will likely continue its upward trend. If the price falls below the middle axis of the 4-hour Bollinger Bands, there is a probability of continued correction, so everyone should prepare in advance. The operation should focus on short positions during rebounds, with long positions as a supplement.

Short-term Reference for Bitcoin on 10.14:

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 positions: Buy in the range of 60800-61300, with a stop loss at 59800 and a target above 62000.

Short positions: Sell in the range of 62700-63200, with a target below 62100, a stop loss at 64200.

Short-term Reference for Ethereum on 10.14:

Short positions: Sell in the range of 2521-2490, with a stop loss at 2630 and a target below 2460.

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

There may be delays in sending this article, 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 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 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 the article, and the risks are to be borne by the reader. When trading, 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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