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 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 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 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.

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

Bitcoin is slowly testing the 118,000 line during the day, currently under pressure in the resistance area. If it breaks this level in the short term, it may test further. The daily trend has begun to enter a consolidation phase, lingering around the 118,000 line. The upward momentum has weakened today, but the short-term oscillation pattern has not changed. The key resistance above is still seen at 118,500-119,500. Without breaking through, the upper space will not open, and the increase will not continue. Therefore, it is advised not to blindly chase the rise and to be cautious of the price retreating to support.

From the short-term 4-hour chart, the Bollinger Bands are slightly narrowing, and the price has just broken through the middle band resistance, continuously rebounding from the lower band support position. The oscillation range has been compressed. Currently, all moving averages and the MACD indicator show signs of upward movement, but the short-term resistance is strong. Therefore, it is expected that the oscillation market will continue for a while, and all cryptocurrency friends should prepare in advance. The short-term resistance to watch is around 119,000, and the support to watch is around 116,500. The strategy is to short at high prices and long at low prices.

7.27 Short-term Reference for Bitcoin:

Short position above 118,800, stop loss at 120,800, target below 117,500.

Long position below 116,500, stop loss at 500, add to position at 114,500, target above 117,000.

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

Ethereum's price continued to oscillate in a high range yesterday, with multiple failed attempts to rebound during the day. The price faced pressure again at the 3,780 position, and the short-term trend has begun to lean towards consolidation. The bullish momentum has weakened, and if the price cannot break through the short-term resistance at 3,800, there is a possibility of a pullback to support. It is advised that all long positions should not be blindly followed to avoid the risk of being trapped at high positions.

From the short-term hourly chart, the Bollinger Bands are opening, and the price is operating in the middle to upper band area, with the short-term market in a high oscillation. The price is running at the 3,740 position. The overall resistance to watch is at the 3,800 level. If the rebound does not break through this resistance area, there is a risk of a pullback to support during the day. Conversely, if it can break through this resistance area, the rebound may extend to the previous high position. It is advised that all cryptocurrency friends prepare accordingly. The upper resistance to watch is around 3,800, and the lower support to watch is around 3,660.

7.27 Short-term Reference for Ethereum:

Short position above 3,750, stop loss at 30, target 30-60 points.

Long position below 3,665, stop loss at 30 points, target above 3,700.

There may be delays in sending articles, and the strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident one is in market judgment, it is essential to manage take-profit and stop-loss effectively. For more real-time strategies, online technical learning, and exit strategies, you can add the mentor's QQ: 776880970. The first ten people each day can receive free exit strategies.

For more real-time strategies daily, you can follow my public account to access online market 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. I welcome all cryptocurrency friends who are unsure about trading to study and learn together.

Exclusive opinions, articles may be delayed in sending, risks are self-borne, and it is essential to manage 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, sharpen your skills, 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!

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。