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 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.

7.21 Mr. Coin's Analysis Reference for Bitcoin (BTC)

Yesterday, Bitcoin maintained an overall downward trend, with the price fluctuating within a range during the day. In the evening, the price continued to rebound, currently facing resistance around the 118800 level. The daily chart still shows a consolidation pattern, with the intraday oscillation range continuously compressing. If it breaks below the short-term support of 117000 again, it is expected that the price will retreat to the support level of 116500.

From the short-term four-hour chart, the current price rebound has reached the middle track resistance but has not broken upward again. There is currently a pressure-induced pullback. If the rebound cannot continue for a long time, once the bullish momentum is exhausted, there is a risk that the intraday gains may be wiped out again. Although the price has rebounded, it has not broken through the resistance area, and the bullish strength is gradually weakening. Additionally, the five-day and ten-day moving averages are starting to flatten, and the MACD and Stoch indicators are showing weakened upward momentum, indicating a potential convergence. Therefore, it is expected that the weak oscillation pattern will continue, and there is still a risk of price retreating to lower support levels. All cryptocurrency friends should be prepared. The trading range is to short at high points and long at low points.

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.

7.21 Short-term Reference for Bitcoin:

Lower entry point: 118800 - 119500, stop loss: 500, target below 118000.

Upper entry point: 115500 - 116500 long, stop loss: 500, add to position at 114000, target above 117500.

7.21 Mr. Coin's Analysis Reference for Ethereum (ETH)

Ethereum also experienced a rebound during the day, reaching a new high again, with the current price nearing the 3824 level. The short-term volatility is starting to weaken, and the daily chart should focus on the stabilization around 2800. If this rebound does not break and stabilize, there is a risk of a pullback in the intraday gains, so all cryptocurrency friends should prepare in advance.

From the short-term hourly chart, the price rebounded from the evening to the early morning, recovering the losses from last night. The current trend is hovering near the upper track, and the short-term upward momentum has temporarily weakened. However, the Bollinger Bands are opening up, indicating that both bulls and bears are in a stalemate. The trend is characterized by rapid rises and slow declines, with a phase of oscillating upward movement. The overall bullish trend remains unchanged, so our intraday operations should focus on buying on pullbacks, and follow up with long positions if the price breaks out.

7.21 Short-term Reference for Ethereum:

Lower entry point: 3840 - 3880, stop loss: 30, target 30-60 points.

Upper entry point: 3650 - 3705, stop loss: 30 points, target above 3770.

There may be delays in article delivery, and 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 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 people each day 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., mainly analyzing and guiding 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.

Exclusive opinions, there may be delays in article delivery, risks are self-borne, and it is important to control your position reasonably. Do not operate with heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, moving forward together. In the depths of time, hold onto understanding. In investing, one must learn to be optimistic. Do not let your future self dislike your current 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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