Mr. Coin in the Crypto Circle: Is the Bitcoin pullback officially starting? There are significant fluctuations during the day, manage your risks well. Bitcoin, Ethereum, today's latest market analysis for reference, including operational reference ideas.

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23 hours ago

Cryptocurrency trading is a long-term plan; it is not about immediate results, 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. Additionally, investing is 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 develop the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

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

Bitcoin struggled to rebound yesterday, and the price subsequently fell again. The daily level correction continues, currently moving down to the 114660 position. The price has rebounded to around 116500, with resistance above at the 118000 line. If it cannot stabilize and rebound, a further correction is expected, so the recommendation for today is to short in line with the trend.

On the short-term hourly chart, the Bollinger Bands are opening downwards, maintaining a weak oscillation. The middle band is slowly moving down, with short-term resistance at the 117500-118000 position. If there is no stabilization in the rebound, the possibility of a pullback to lower support exists, so it is advisable to be prepared. Additionally, the lower band gap is slightly opening, and space is gradually being created, so there is a possibility of breaking down further, allowing for a follow-up short position.

For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for addition methods: the first ten each day can receive free exit strategies.

7.26 Short-term Reference for Bitcoin:

Short entry point above 117500, stop loss at 119500, target below 117000.

Long entry point below 115000, stop loss at 500, defend at 112500, target above 116000.

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

Ethereum saw back-and-forth trading yesterday, rebounding near the low of 3573 before pulling back again. The short-term trend is starting to lean downwards. As mentioned in yesterday's article, be cautious of the price dropping again, and the strategy is to short in line with the trend. The expected pullback has continued, returning to the 3600 line, with the current price rebounding around 3650. Overall, the rebound is weak, and caution is still needed as the price may break down towards the 3500 line.

On the short-term 4-hour chart, the middle band resistance has dropped to the 3670 line. If the price strongly rebounds and breaks through this area today, the downward trend will temporarily slow. Conversely, the downward trend will continue, so be prepared for the price to drop again, maintaining a downward oscillation. The upper resistance to watch is around 3720, and the lower support is at 3560.

7.26 Short-term Reference for Ethereum:

Short entry point above 3720, stop loss at 30, target 30-60 points (aggressive traders can short above 3680).

Long entry point below 3575, stop loss at 30 points, target above 3630.

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. For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for addition methods: the first ten 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 unsure about 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 positions 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 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!

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