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 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 gains 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.

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

The intraday market for Bitcoin continues to maintain a wide range of fluctuations, with prices under pressure around the 108250 level. Currently, the trend is fluctuating back and forth within a range, with lows approaching the 106500 position. The market is under pressure and showing a strong correction. The current low is also approaching the intraday starting point, and if it breaks down again, there is a risk of further price testing.

From the short-term hourly chart, the Bollinger Bands are in a contracting position, giving a short-term correction signal. The short-term price is under pressure and continues to decline, but there are no obvious signs of a breakdown, so the strategy remains to sell high and buy low. The short-term market is still in a corrective rhythm. If there is no rebound stabilizing above 107500 during the day, it is expected that the price will further test downward, so it is not recommended to blindly chase long positions. The upper resistance to watch is 107500, with key resistance at 108500, and lower support at around 105800. The strategy can focus on selling high and buying low within the range.

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 daily followers can receive free exit strategies.

6.27 Short-term Reference for Bitcoin:

Lower test entry point 107600-108500, stop loss at 110000, target below 106800,

Upper test entry point 105500-106500 long, stop loss 500, defend at 104500, target above 107500,

There may be delays in article delivery; 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.

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 daily followers can receive free exit strategies.

For more real-time trading strategies, you can follow my public account for online 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. focusing on analyzing BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other cryptocurrencies. I welcome all cryptocurrency friends who are unsure about trading to study and learn together.

Exclusive opinions, there may be delays in article delivery, risks are self-borne, and it is important to control positions reasonably. 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, 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!

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