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 increase 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.

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

Yesterday morning, Bitcoin retraced to the 83500 level, and by the evening, bullish sentiment had warmed up slightly, with prices breaking through the 85400 level before facing resistance. Subsequently, the price fluctuated around 85000, entering a high-level consolidation phase. Although the price rebounded yesterday, the subsequent supply was insufficient, and the trend did not stabilize upward. From the daily chart, the coin price broke through the middle axis of the Bollinger Bands. If the price cannot maintain stability above the middle axis during the day, there is a risk of another pullback.

On the short-term hourly chart, the Bollinger Bands are narrowing, and the MACD is in the positive zone on the 4-hour level, with both the fast and slow lines in the positive area, and the MACD histogram showing a decrease in volume. The RSI on the 4-hour level is around 58, and the price is above EMA7 (84641.81) and EMA30 (84269.64). The short-term moving averages still show a bullish arrangement, but EMA120 (85196.21) exerts some pressure on the price. Overall, multiple upward tests during the day have not broken through, and there is strong resistance above. There is a rebound trend during the day, but the strength is not significant. It is essential to pay attention to the stability of the key support level at 84500. If the price stabilizes effectively, it will attack upward again; if it breaks the support level, it will continue a weak oscillating trend. It is recommended to go long at high positions with light positions.

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

3.24 Short-term Reference for Bitcoin:
Light short positions at 85300-86500, with a stop loss at 88500, target below 84800 (currently holding short positions).

Long positions in the 83200-82000 range, with a stop loss at 80000.

3.24 Short-term Reference for Ethereum:

Short positions at 2050-2000, with a stop loss at 2280, target below 1990 (currently holding short positions).

Long positions in the 1930-1880 range, with a stop loss at 1750, target above 2000.

There may be delays in sending messages; 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: For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for the addition method: the first ten each day can receive free exit strategies.

For more real-time trading strategies, you can follow my public account. 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. to primarily analyze and guide 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 viewpoint. 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, to move forward together, and to 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, prepare well, and be ready to set off at any time. Let's go!

—— This article is written by Mr. Coin, and we refuse to plagiarize and 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。