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 should learn while trading, summarizing both profits and losses in a timely manner to deepen their understanding of risks and develop the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

3.12 Mr. Coin's Analysis of Bitcoin (BTC) Market Trends

The bullish sentiment for Bitcoin has warmed up during the day. After a morning pullback, it has moved upward again, currently testing the resistance area around 84,000. If it breaks and stabilizes above 83,000, it will indicate the end of the weak market. However, as long as the price does not stabilize above 85,000, the weak market may return. Conversely, if it cannot break through, the price is expected to continue consolidating around the 80,000 mark. Everyone should appropriately grasp the range for profits.

On the daily chart, yesterday's trend closed positively, and the situation is gradually improving. During the day, the market dipped downwards, breaking below 87,000, creating a new low for the year. Currently, both bulls and bears have re-entered a high-level consolidation phase. The key support to watch during the day is the 79,000 line. As long as this area does not break, the market is expected to stabilize at 83,000 and continue the upward trend.

On the short-term hourly chart, the price has returned to operate above the 4-hour midline. Currently, the market is pulling back near the 82,500 midline. It has successfully broken through the midline resistance, and bullish sentiment is gradually warming up. If it can break through and stabilize again, the market is expected to return to an upward trend. As of now, it has not broken upward, so the short-term strategy remains to sell high and buy low, with resistance at 84,000 and support at 79,000.

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

3.12 Short-term Reference for Bitcoin:

Light short position at 84,000-85,500, stop loss at 87,500, target below 82,000.

For long positions, pay attention to the situation if it breaks 79,000 again, long in the 78,500-80,000 range, stop loss at 76,500.

3.12 Short-term Reference for Ethereum:

Short position at 2,100-2,050, stop loss at 2,230, target below 1,980.

For long positions, pay attention to the stabilization at 1,900, long in the 1,870-1,910 range, stop loss at 1,700, target above 1,950.

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

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 unsure about trading to study and learn together.

This article is exclusively shared by Mr. Coin and represents his unique perspective. 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, moving forward together. 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. Let's go!

—— This article is written by Mr. Coin, no plagiarism, 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。