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.

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 circle) to get the addition method: the first ten each day can receive free exit strategies.

2.23 Mr. Coin in the Cryptocurrency Circle: Bitcoin (BTC) Market Analysis Reference

Yesterday, Bitcoin rebounded after a low-level correction near the 94900 line, and the overall situation has improved. The price has finally stabilized above 96000, and the market has begun to enter a consolidation phase. The focus will be on the resistance at the 97500 line; if it can break through and stabilize, the upward trend is expected to continue.

From the daily chart, the current price rebound is hindered by the middle band of the Bollinger Bands. Looking at the daily candlesticks from the past few days, the price has experienced a certain degree of correction, but there have been no consecutive large bearish candles, and it remains in a range consolidation. MACD (daily): The fast and slow lines are currently relatively close and remain in negative territory, with green bars continuously shrinking, indicating that the short-selling force is gradually decreasing, and a rebound is possible in the short term. However, the strength is not significant. EMA: The price is approaching the EMA7, EMA30, and EMA120 equilibrium area (around 96544), indicating that it is currently in a consolidation phase. Attention should be paid to changes in EMA7 to determine any effective breakout. The price rebound during the day has already faced resistance; if it cannot break out, the price is expected to be under pressure and decline further.

On the short-term hourly chart, the Bollinger Bands are narrowing, and the price is slowly moving above the five-day moving average. However, the upward momentum is currently weak, so it is not recommended to blindly chase long positions in the short term, as the market may face pressure and fall back again. The short-term market is showing a wide range of fluctuations, and there are no signs of breaking out, so the strategy should maintain a high short and low long approach. The upper resistance is focused on the 97500 area, while the lower support is focused on the 94000 line.

2.22 Bitcoin Short-term Reference:

Short position: 97800-98300 short, stop loss at 100000, target below 97000,

Long position: focus on the 95300-94800 range long, stop loss at 93000, target above 96000,

2.23 Mr. Coin in the Cryptocurrency Circle: Ethereum (ETH) Market Analysis Reference

Ethereum's market has shown a fluctuating upward trend after not breaking below the 2600 line. The price has reached around the 2800 mark as expected, and the short-term market is leaning towards an upward trend. The high has approached previous resistance, and the price has slightly corrected into a high-level consolidation. If it stabilizes and breaks through again, the market is expected to move towards the first line. On the short-term hourly chart, the Bollinger Bands are narrowing, and the market is operating in the middle to upper band area, with a slight adjustment under pressure. Although the upward trend is starting to weaken, the Bollinger Bands are gradually narrowing, indicating that the market is leaning towards consolidation in the short term. The strategy should focus on high positions and low longs, with upper resistance at 2800 and 2850, and support around 2690.

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 circle) to get the addition method: the first ten each day can receive free exit strategies.

2.23 Ethereum Short-term Reference:

Short position: 2830-2780 short, stop loss at 2980, target below 2720,

Long position: focus on the 2635-2680 range, stop loss 50 points, target above 2730,

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.

Mr. Coin's public account: Mr. Coin in the cryptocurrency circle

For more real-time trading strategies, 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 circle, 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 in the cryptocurrency circle and represents his unique views. The article may have delays in sending, 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, move forward together, and keep pushing. 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. Keep it up!

—— This article is written by Mr. Coin in the cryptocurrency circle, refusing to plagiarize and respecting 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。