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 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 improve the win rate. At the same time, investing is also a process of growth. Mr. Coin suggests that all cryptocurrency friends should 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.

2.19 Mr. Coin's Analysis Reference for Bitcoin (BTC)

The overall target remains unchanged. From the recent trends, the short-term movement is complex, mainly due to profit-taking from the last wave of funds and the intertwining of external market factors. There is significant disagreement within the cryptocurrency community in the short term, leading to a lack of consensus in the overall market structure. Chu Chu advises that recent entry operations must control risks and be cautious of potential losses from market reversals. Bitcoin has entered a correction trend on the daily chart, with the intraday low approaching the 93300 level. Although there has been a rebound, the upper resistance has not been broken, and the trend remains relatively weak. The Bollinger Bands are opening downwards, and as time goes on, the upper resistance continues to decline. If the price cannot break through the 97800 level in the short term, there is a possibility of a pullback support. I hope all cryptocurrency friends are prepared in advance. Our short-term strategy remains focused on rebound short positions.

On the four-hour chart, the Bollinger Bands are opening, and the price is operating in the middle to lower band area. The MACD on the hourly chart is continuously declining, and the fast and slow lines are expanding negatively, indicating a bearish signal. The daily chart also shows a strong sell signal, with both lines below the 0 axis and continuing to diverge. The RSI on the hourly level is close to the oversold area, which may face a technical rebound in the short term; however, the daily level is still hovering in the mid-low range, indicating a relatively pessimistic market sentiment. The EMA short-term, medium-term, and long-term moving averages are all in a bearish arrangement, without forming a support effect. EMA7, 30, and 120 are all above the current price, providing resistance for a short-term rebound. We need to see if the price can stabilize above 96000 during the intraday; if it cannot, the intraday market will continue to show weakness.

2.19 Short-term Reference for Bitcoin:

Short Position: 97500-97000 short, stop loss at 99000, target below 96000,

Long Position: Focus on the 94000-93500 range long, stop loss at 92000, target above 94800,

2.19 Mr. Coin's Analysis Reference for Ethereum (ETH)

For more real-time trading strategies, online technical learning, and exit strategies, please follow the mentor's public account (Mr. Coin in the Cryptocurrency Circle) for access. The first ten each day can receive free exit strategies.

Ethereum has rebounded from a low near 2605 during the day, with the intraday market oscillating around this range. In the early morning, the price rose to around 2670, and the trend has been hovering around the 2660 level. In the short term, the trend is maintaining a corrective oscillation, and the probability of breaking down again is not very high, so we remain cautiously focused on high short and low long strategies. Short-term support is at the 2580 level, with short-term resistance above at around 2760.

2.19 Short-term Reference for Ethereum:

For more real-time trading strategies, online technical learning, and exit strategies, please follow the mentor's public account (Mr. Coin in the Cryptocurrency Circle) for access. The first ten each day can receive free exit strategies.
Short Position: 2740-2680 short, stop loss at 2880, target below 2630,

Long Position: Focus on the 2520-2560 range, stop loss 50 points, target above 2650,

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 your market judgment, always set stop-loss and take-profit levels to secure your gains.

Mr. Coin's public account: Mr. Coin in the Cryptocurrency Circle

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 analyzed 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 in the Cryptocurrency Circle and represents his unique views. There may be delays in sending the article, and the risks are borne by the reader. Please manage your positions reasonably and avoid heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, moving forward together and cheering each other on. 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, sharpen your skills, and be ready to set off at any time. Let's go!

—— This article is written by Mr. Coin in the Cryptocurrency Circle, refusing plagiarism and respecting originality!

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