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

10.26 Bitcoin (BTC) Market Analysis Reference

Bitcoin has not broken upward; it faced resistance and retraced at the high of 111900. Although it pulled back to around 111000, the overall trend remains in a range consolidation. The intraday market continues this range consolidation, with the current price operating near 111400, and the range has slightly compressed.

From the daily chart, yesterday's price closed with a bullish candle, but the market did not break upward. The price is near the daily mid-axis resistance line (112800), and both bulls and bears are gradually becoming entangled. The current price is testing the five-day attack line, and the overall trend continues the oscillation pattern from yesterday, with a possibility of further retracement. I hope everyone is prepared in advance. Currently, the indicators are flattening, indicating that the expected oscillation market will continue for some time. On the short-term hourly chart, the Bollinger Bands are parallel and moving upward, with the price fluctuating above the middle band. Market sentiment has once again entered a sluggish state, and as of now, the price fluctuation range is only about a thousand points. The short-term market is leaning towards oscillation, and one should operate with high shorts and low longs. In the later part of the day, pay close attention to the daily mid-axis resistance near 112800; if it does not break, there is still a possibility of retracement, with support to watch around 110000.

10.26 Bitcoin Short-term Reference:

Short entry point 112800-111800, stop loss at 115800, take profit target below 111000.

Long entry point 108500-109500, stop loss at 500, add to position at 106000, target above 110500.

There may be a delay in sending the article; 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. For more real-time trading strategies and online technical learning, follow the mentor's public account (Mr. Coin in the cryptocurrency circle) for ways to add: the first ten each day can receive free strategies for getting out of positions.

For more real-time trades, you can follow my public account for online technical learning, getting out of positions, 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.

Exclusive views, there may be a delay in sending the article, and risks are to be borne by yourself. Control your position reasonably when trading, and do not operate with 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, sharpen your skills, and be ready to set off at any time. Keep going!

—— This article is written by Mr. Coin in the cryptocurrency circle, 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。