Mr. Coin in the crypto circle: 1.2 Bitcoin, Ethereum latest market analysis reference, along with operational ideas.

CN
5 days 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 improve 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 profits 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 1.2 Bitcoin (BTC) Market Analysis Reference

The overall trend of Bitcoin during the day maintains a wide range of fluctuations, with both bulls and bears pulling back and forth over a thousand points. After a low rebound at the 92890 line, the bulls slightly gained strength in the early morning, bringing the price back above 94000. However, due to insufficient supply afterward, the market did not stabilize for further upward movement. Compared to yesterday's trend, the fluctuation range has slightly compressed. If the price cannot make a strong rebound and break through the resistance near 96000 from yesterday, it is expected that the fluctuation market will continue for a while.

From the short-term hourly chart, the market is under pressure and has retreated. The current price is fluctuating back and forth within a range, entering a rhythm of oscillation. The current price is around 94500, and it is expected that the price will further test downward in the short term. Mr. Coin advises all cryptocurrency friends to prepare in advance. The current trend is approaching the mid-track support. If the price falls below this support, there is a risk of further testing the 92000 line. The overall trend of Bitcoin still maintains a wide range of fluctuations, and without breaking through the support and resistance levels, the operation should maintain a high short and low long strategy.

1.2 Bitcoin Short-term Reference:

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 position: Buy in the 92000-91500 range, with a stop loss at 90500 and a stop loss at 90200, targeting above 94000.

Short position: Lightly short in the 95700-95000 range, targeting 500-1000 points, with a stop loss at 97000.

1.2 Ethereum Short-term Reference:

Long position: Buy in the 3280-3250 range, with a stop loss at 3150 and a stop loss at 3130, targeting above 3320.

Short position: Short in the 3380-3410 range, with a stop loss of 30 points, targeting 50-100 points.

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 market judgments, 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 in the U.S. multiple times, mainly analyzing and guiding BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who are not familiar with trading, you 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 do not operate with 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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