Cryptocurrency trading is a long-term plan; it is not about achieving results 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 to plan a correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.
4.27 Mr. Coin's Analysis of Bitcoin (BTC) Market Trends
Bitcoin retraced to the 93,800 line last night, and bullish sentiment has somewhat warmed up, with the price slightly rebounding to the 95,200 line before facing pressure. It then experienced a slight pullback, and currently, the trend has returned to the 94,000 area. Over the weekend, bullish sentiment weakened, and the market has once again entered a high-level consolidation.
From the daily chart, although the price rebounded yesterday, the subsequent supply was insufficient, and the trend did not stabilize upward. Currently, it is back in a range. If the price cannot sustain a rebound and break through the previous high resistance during the day, it is expected that the oscillation and consolidation will continue for some time.
On the short-term hourly chart, the Bollinger Bands are in a contracting posture, with the price repeatedly pulling back to the middle axis of the Bollinger Bands. The MACD on the 4-hour level shows positive values for both the fast and slow lines, but the MACD histogram is gradually shrinking. The RSI on the 4-hour level remains around 60, not entering the overbought zone. The EMA7 on the 4-hour level is around 94,000, with the price rebounding after multiple touches, indicating short-term moving averages provide support. The 4-hour level shows the price oscillating between 94,000 and 95,000, forming multiple upper and lower shadows, indicating a tug-of-war between bulls and bears. Coupled with the weakening upward momentum in the short term, the overall market oscillation and consolidation will continue for some time. It is recommended to operate with high shorts and low longs.
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.
4.27 Short-term Reference for Bitcoin:
Light short positions at 95,200-96,300, with a stop loss at 97,800, target below 94,300.
Long positions at 92,500-93,500, with a stop loss of 500, target above 94,500.
4.27 Short-term Reference for Ethereum:
Short positions at 1,835-1,885, with a stop loss at 1,970, target below 1,690.
Long positions at 1,750-1,700, with a stop loss of 30 points, target above 1,790.
The article may have delays in sending, and the strategy suggestions are for reference only. The market changes rapidly; 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 access. The first ten each day can receive free exit strategies.
For more real-time trading, you can follow my public account for online market 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. to primarily analyze and guide BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other cryptocurrencies. For those who are not familiar with trading, you are welcome to study and learn together.
The article may have delays in sending, and risks are to be borne by yourself. 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 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, sharpen your skills, 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。
