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 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 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 12.30

Bitcoin's intraday market continues to decline. Yesterday's article also mentioned the possibility of further price drops. The trend is continuously breaking down, and as expected, it tested the 93300 position for a rebound. Currently, the coin price is operating around the 93800 area, but the upward momentum is insufficient, and the market has shown signs of pressure, with resistance above continuously moving down. If a strong rebound cannot break through the 95000 resistance area, there is a risk of a pullback to lower support. Therefore, those who have not broken through should prepare for another correction.

From the short-term hourly chart, the market has pulled back to 93300 for a rebound. Although the price is under pressure for upward movement, the short-term trend has not changed, and it is expected that there is still potential for further upward movement. The overall trend has entered a fluctuating rhythm after the rebound, so the subsequent operation suggests taking high short positions and low long positions. Pay attention to the resistance in the 95000-96000 area above and the support at the 92000 line below. If it falls below the 92000 line, the market may test the 90000 level, so all cryptocurrency friends should prepare in advance. It is recommended to focus on high short positions and support low long positions.

Short-term Reference for Bitcoin on 12.30:

For more real-time trading strategies daily, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for addition methods: the first ten each day can receive free exit strategies.

Long positions: Buy in the 92000-91500 range, with a stop loss at 90500 and a target above 94000.

Short positions: Lightly short in the 95700-95000 range, with a target of 500-1000 points, and a stop loss at 97000.

Short-term Reference for Ethereum on 12.30:

Long positions: Buy in the 3080-3130 range, with a stop loss at 2950 and a target above 3200.

Short positions: Short in the 3450-3410 range, with a stop loss of 30 points and a target of 50-100 points.

There may be delays in sending the 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 daily, 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. Those who are unsure about trading are welcome 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 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. Keep it up!

—— This article is written by Mr. Coin, no plagiarism allowed, respect originality!

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