Mr. Coin in the crypto circle: 3.5 Bitcoin fluctuating back and forth, when will the market become clear? (BTC) Ethereum (ETH) latest market analysis and reference, including operational reference ideas.

CN
5 days ago

Cryptocurrency trading is a long-term plan, not something that can be achieved overnight, so one should not be too hasty. Even if there are losses in the short term, 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 advises all cryptocurrency friends to learn while trading, summarizing both profits and losses in a timely manner, deepening their understanding of risks, and planning the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

3.5 Mr. Coin's Analysis of Bitcoin (BTC) Market Trends and Strategy Reference

The overall trend of Bitcoin during the day is normally volatile, with both bulls and bears pulling back and forth by thousands of points. After a low-level pullback to around 81,200, a rebound occurred, and later in the evening, the bulls slightly gained strength, breaking through the 4-hour mid-axis resistance, with the market further rising to around 88,000. Compared to yesterday's trend, the fluctuations have slightly compressed the range. If the price cannot make a strong rebound and break through the resistance near 90,000 from yesterday, it is expected that the volatile market will continue for a while.

Looking at the short-term hourly chart, the market has rebounded after a pullback, and the current price is continuously testing upwards, entering a rebound rhythm. The current price is around 88,200, and it is expected that the price will still adjust and repair in this area in the short term. It is recommended that cryptocurrency friends prepare in advance. The current trend is about to approach the mid-track support. If the price falls below this level, there is a risk of further downward testing. If it stabilizes above 88,000, the price will test the resistance at 90,000. Recently, the price has been highly volatile due to news influences. It is advised to either observe or operate with a light position (it is suggested to wait for clearer market conditions before taking short or long positions to grasp short-term profits and secure expected gains).

For more real-time trading strategies and online technical learning, as well as solutions for exiting positions, you can follow the mentor's public account (Mr. Coin in the cryptocurrency circle) to get the addition method: the first ten people each day can receive free solutions for exiting positions.

3.5 Short-term Reference for Bitcoin:

Light short position at 88,700-89,500, with a stop-loss at 91,800, target below 87,000.

Long position at 92,000-91,500, with a stop-loss at 90,500, target above 93,000.

3.5 Short-term Reference for Ethereum:

Short position at 2,220-2,280, with a stop-loss at 2,450, target below 2,160.

Long position to focus on the 2,080-2,030 range, stop-loss at 50 points, target above 2,130.

The article may have delays in sending, and strategy suggestions are for reference only. The market changes rapidly, and regardless of how high your judgment of the market is, 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 trades, you can follow my public account for online technical learning, solutions for exiting 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.

This article is exclusively shared by Mr. Coin in the cryptocurrency circle and represents only Mr. Coin's unique views. There may be delays in sending the article, and risks are to be borne by the reader. Control your positions reasonably when trading, 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 in the cryptocurrency circle, no plagiarism allowed, respect originality!

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