Mr. Coin in the Crypto Circle: 10.21 Bitcoin, Ethereum latest market analysis reference, along with operational ideas.

CN
6 hours ago

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 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 increase the probability of success. 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 a 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 10.21

The daily market for Bitcoin continues to maintain fluctuations, with prices oscillating between 68,000 and 69,000. The price is slowly approaching the 69,000 mark, and bullish sentiment is slightly warming. If it refreshes the high again, it is expected to test the 70,000 line. Mr. Coin suggests that all cryptocurrency friends prepare in advance. After breaking through 69,000, pay close attention to the stabilization situation. Currently, it is advisable to follow the trend and consider going long on pullbacks.

From the short-term hourly chart, the Bollinger Bands are starting to open upwards gradually, but it is still in a fluctuating range. The short-term upward movement is hindered, entering a high-level consolidation. The MACD is below the zero line, but the fast and slow lines are gradually approaching, indicating a possible golden cross. The short-term trend remains unchanged. The five-day and ten-day moving averages maintain an upward posture. If the range of fluctuations is broken, it is highly likely to further rise. The strategy is to maintain a long position on pullbacks, and if the level is broken, consider lightly chasing long.

Short-term Reference for Bitcoin on 10.21:

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 range of 67,800-68,300, with a stop loss at 67,300 and a target above 68,800.

Short position: Sell in the range of 70,800-71,300, with a target near 69,800, a stop loss at 72,900.

Short-term Reference for Ethereum on 10.21:

Short position: Sell in the range of 2,761-2,800, with a stop loss at 2,950 and a target below 2,700.

Long position: Focus on the range of 2,600-2,640, with a stop loss of 50 points and a target above 2,660.

The article may have delays in sending, 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 take-profit and stop-loss 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 coins. For those who are unsure about trading, you are welcome to study and learn together.

This article is exclusively written and shared by Mr. Coin, representing his unique perspective. 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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