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 is 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.
2.18 Mr. Coin's Cryptocurrency Market Analysis: Bitcoin (BTC) Reference
Currently, the trend is entering a phase of repair and consolidation, with short-term movements primarily characterized by wide fluctuations. After the recent back-and-forth market washout, it has begun to enter a period of calm adjustment. Therefore, the daily strategy is to look for suitable opportunities to short at high points and long at low points. Additionally, note that after this wave of correction, market panic is strong, and bullish sentiment has dissipated significantly. If a good rebound cannot be achieved subsequently, there is a possibility that the downward trend will continue. I hope all cryptocurrency friends are prepared. The rebound strength of Bitcoin has weakened, and the upper pressure in the short cycle is slowly moving down. If the pressure zone cannot be broken, the price is expected to decline further.
From the four-hour chart, the Bollinger Bands are in an opening posture, with prices operating in the middle to lower band area, maintaining a weak oscillation. All moving averages are in a downward posture, and the short-term range is continuously moving down. If the low of 95000 is refreshed again, the price is expected to further test downward. I hope everyone is prepared in advance. Currently, the trend is showing a downward oscillation, so when the market has not stabilized above 98000, it is recommended to focus on short positions, with long positions as a supplement. The upper pressure to watch is around 98000, and short positions can be entered when a rebound reaches this area.
For more real-time trading strategies, online technical learning, and exit strategies, please follow the mentor's public account (Mr. Coin) for access. The first ten people each day can receive free exit strategy advice.
2.18 Bitcoin Short-term Reference:
Short Position: 97500-98000 short, stop loss at 99500, target below 96800,
Long Position: Focus on the 94800-95500 range, stop loss at 93700, target above 96500,
2.18 Mr. Coin's Cryptocurrency Market Analysis: Ethereum (ETH) Reference
Ethereum experienced a high pullback during the day, briefly breaking the 2800 resistance before quickly dropping back down to around 2848. It has now fallen below the 2760 line, approaching the previous oscillation position near 2685. This wave of correction has broken below the 2700 line, but it touched the middle track of the four-hour chart and rebounded. The trend has not broken downward, and the coin price is currently operating around 2740. Therefore, it is temporarily not recommended to chase short positions. Our daily strategy remains to short at high points and long at low points.
For more real-time trading strategies, online technical learning, and exit strategies, please follow the mentor's public account (Mr. Coin) for access. The first ten people each day can receive free exit strategy advice.
2.18 Ethereum Short-term Reference:
Short Position: 2840-2780 short, stop loss at 2980, target below 2720,
Long Position: Focus on the 2620-2680 range, stop loss 50 points, target above 2730,
The article may have delays in sending, and strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident you are in market judgments, always set take-profit and stop-loss levels to secure your gains.
Mr. Coin's public account: Mr. Coin
For more real-time trades, please follow my public account for access. You can learn online about market techniques, 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 unsure about trading to study and learn together.
This article is exclusively shared by Mr. Coin and represents his unique views. 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. 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。