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 suggests that all cryptocurrency friends learn while trading, summarizing both profits 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 January 12:

Yesterday, Bitcoin's intraday market fluctuated within a range, facing pressure after reaching around the 95050 position at a high, and subsequently, the upward momentum weakened, with the fluctuation range continuously compressing. Today, the price faced resistance again, with the low reaching around the 93800 support line. The intraday market shows a weakening trend, so it is not advisable to blindly chase the price upwards.

On the daily chart, the price formed a small bullish candle, and the overall trend has not changed. However, due to the short-term Bollinger middle line being unable to break through, the market is under pressure and entering a correction phase, with bullish sentiment weakening. The price is slowly moving down, but the key support line below has not been broken, so there is still a possibility of a pullback and upward attack. The overall trend of the day is entering a wide range of fluctuations, so it is advisable to buy low at high positions.

On the short-term hourly chart, the coin price is running near the upper Bollinger middle line, but the subsequent upward momentum is weak and in a contracting state. If it cannot break through the daily middle line resistance around 96000, there is a possibility of a pullback to test the strength of support. The upper resistance to watch is 96000, and the lower support to watch is around 92000.

Short-term Reference for Bitcoin on January 12:

For more real-time trading strategies, 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 90100-91500 range, with a stop loss at 90000 and a take profit target above 92500.

Short position: Lightly short in the 95500-96100 range, with a target of 500-1000 points, stop loss at 97500.

Short-term Reference for Ethereum on January 12:

Long position: Buy in the 3180-3230 range, with a stop loss at 3050 and a target above 3320.

Short position: Short in the 3330-3380 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 manage your take profit and stop loss properly 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. I welcome all cryptocurrency friends who are not familiar with trading to study and learn together.

This article is exclusively shared by Mr. Coin and represents his unique viewpoint. 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!

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。