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 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 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.

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

Yesterday, the market for Bitcoin reversed upwards, and the short positions set during the day were liquidated. A long position was opened at 91,500, recovering previous losses, with an intraday increase of nearly 7,000 points, breaking through multiple resistances, and bullish sentiment began to warm up. The intraday trend broke upwards again, with the price testing the 94,000 mark as expected. Currently, the price is operating around 93,640. If it can break through the 94,000 line again, the intraday increase is expected to continue. Cautious friends can take advantage of this opportunity for a short-term long position.

From the daily chart, yesterday's trend ended with a strong bullish candle, and the price rebounded strongly. Currently, the price is above all moving averages, showing a short-term breakout, but it has not further broken through the 95,000 mark. The upper space has not opened further, and the price encountered resistance at the 94,000 line, leading to a slight pullback. This indicates that there is still strong selling pressure in this area. If there is another rebound to this level, there is still a risk of a pullback. Therefore, it is not recommended to blindly chase long positions before a breakout. Be cautious of the market being pressured into another pullback. It is advised to observe the market, look for long positions on pullbacks, and to hold light short positions at high levels.

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 people each day can receive free exit strategies.

4.23 Short-term Reference for Bitcoin:

Light short positions at 94,500-95,600, with a stop loss at 96,800, target below 93,000.

Long positions at 91,200-90,500, with a stop loss at 500, target above 92,500.

4.23 Short-term Reference for Ethereum:

Short positions at 1,815-1,775, with a stop loss at 1,970, target below 1,690.

Long positions at 1,650-1,600, with a stop loss of 30 points, target above 1,700.

There may be delays in sending articles, and strategy suggestions are for reference only. The market changes rapidly; 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 people 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 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 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. Keep it up!

—— This article is written by Mr. Coin, and we refuse to plagiarize and respect originality!

In the evening, bullish sentiment warmed up, and the market broke out upwards. The current price has returned to above 84,000, testing upwards with a spike at 85,500, facing resistance and pulling back. The market has entered a consolidation phase again, with both bulls and bears in a stalemate.

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