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 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.

2.7 Mr. Coin in the Cryptocurrency World: Bitcoin (BTC) Market Analysis Reference

Bitcoin's intraday trend has adjusted as expected. The article mentioned last night pointed out that a short-term pullback signal was given, with support moving downwards. The fluctuation range is continuously compressing, and overall it remains in consolidation. The intraday trend continues to show fluctuations, with no signs of breaking out yet, but the range is still narrowing. It is expected that the fluctuation market will continue for a while, so everyone should be prepared.

From the short-term hourly chart, the Bollinger Bands are in a contracting posture, with the price hovering around the 97300 level. Both bulls and bears are taking turns to exert force. MACD: The hourly MACD is below the zero line but shows an upward trend. The daily level indicates that bearish momentum has temporarily weakened. The current price is hovering near EMA7 and EMA30, with short-term and long-term moving averages interlacing. The focus for the day is on its breakout situation. In the short term, it looks like consolidation, with a range between 98800-95800. It is recommended to sell high and buy low within this range.

2.7 Bitcoin Short-term Reference:

For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin in the Cryptocurrency World) to get the addition method: The first ten each day can receive free exit strategies.

Short Position: Sell at 99200-98700, defend at 101000, stop loss: 500, target below 98000.

Long Position: Focus on the 96000-96500 range, defend at 95000, target above 97800.

2.7 Ethereum Short-term Reference:

Short Position: Sell at 2820-2760, defend at 2950, stop loss: 3000, target below 2750.

Long Position: Focus on the 2580-2640 range, stop loss 50 points, target above 2700.

The article may have delays in sending, and the strategy suggestions are for reference only. The market changes rapidly, and regardless of how high your judgment of the market is, always set stop-loss and take-profit levels to secure your gains.

For more real-time trades, you can follow my public account to get online technical learning, exit strategies, etc. I have researched the market for many years, studying the major trends in the cryptocurrency world, 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 unsure about trading to study and learn together.

Mr. Coin in the Cryptocurrency World Public Account: Mr. Coin in the Cryptocurrency World

This article is exclusively shared by Mr. Coin in the Cryptocurrency World and represents his unique viewpoint. There may be delays in sending the article, and risks are to be borne by the reader. When trading, control your position 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 a piece of 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, sharpen your skills, and be ready to set off at any time. Keep it up!

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

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