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 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, deepening their understanding of risks, and planning the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

Mr. Coin's Cryptocurrency Market Analysis Reference: 8.5 Bitcoin (BTC)

After a rebound during the day, Bitcoin's overall situation has improved, with prices finally stabilizing above 115,000. The market has entered a high-level consolidation phase. The focus will be on the resistance at 116,800; if it can break through and stabilize, the upward trend is expected to continue.

From the short-term hourly chart, the Bollinger Bands are narrowing, and the price is slowly moving above the five-day moving average. However, the upward momentum is currently weak, so it is not recommended to blindly chase long positions in the short term, as the market may face pressure and fall back again. The short-term market shows a wide range of fluctuations without signs of breaking out, so the strategy should maintain high short and low long positions. The upper resistance is focused on the 116,500-117,300 area, while the lower support is at around 113,500.

8.5 Bitcoin Market Analysis Reference:

Short position entry at 115,800-116,801 range, with a stop loss at 118,500, and a target below 114,500.

Long position entry at 112,500-113,500 range, with a stop loss at 110,500, and a target above 111,000.

Mr. Coin's Cryptocurrency Market Analysis Reference: 8.5 Ethereum (ETH)

After breaking and stabilizing above 3,500 in the evening, Ethereum's market showed a fluctuating upward trend, with prices breaking through 3,700 by midnight. The price retraced to around 3,660, forming a staircase-like rebound, and is currently running around 3,730. The short-term market is biased towards upward movement, and the high has approached previous resistance. A slight price correction has entered a high-level consolidation phase. If it stabilizes and breaks through again, the market is expected to move towards the 3,800 level.

From the short-term hourly chart, the Bollinger Bands are narrowing, and the market is operating in the upper-middle band area, with a slight adjustment under pressure. Although the upward trend is starting to weaken, the Bollinger Bands are gradually narrowing, so the market is biased towards consolidation in the short term. The strategy should focus on high positions and low long positions, with upper resistance at 3,760 and 3,800, and support around 3,480.

8.5 Ethereum Short-term Reference:

Long position entry at 3,735-3,785 range, with a stop loss at 3,980, and a target below 3,680.

Short position entry at 3,520-3,470 range, with a stop loss at 3,330, and a target above 3,600.

The article may have delays in sending, and the strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident one is in market judgments, it is essential to manage take-profit and stop-loss levels properly. For more real-time strategies and online technical learning, you can follow the public account of Mr. Coin (币圈币先生) to get the addition method: the first ten each day can receive free strategies for resolving positions.

For more real-time strategies daily, you can follow my public account for online technical learning, resolving positions, 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.

This article is exclusively shared by Mr. Coin and represents his unique views. There may be delays in sending the article, and risks are to be borne by the reader. Manage your positions reasonably and avoid heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, move forward together, and keep striving. 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!

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。