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 learn while trading, summarizing both gains and losses in a timely manner to deepen their understanding of risks and to plan the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

9.11 Bitcoin (BTC) Market Analysis Reference

Yesterday, Bitcoin faced resistance around 114285, leading to a market correction and entering a high-level consolidation. Subsequent attempts to break through the resistance level were unsuccessful, and the upward momentum weakened, with prices retreating to support. Currently, it is trading around 113200, with short-term support having moved up, but the consolidation pattern has not changed, so the current strategy is to short at high points and long at low points.

Looking at the short-term hourly chart, the Bollinger Bands are currently opening upwards. On the 4-hour level, there have been consecutive bullish candles breaking through the EMA30 moving average, stabilizing above the 113000 integer level, forming a short-term upward trend. At 20:00 on September 10, a long bullish candle broke through the key resistance level of 112500, with the MACD histogram significantly expanding. The MACD lines have crossed above the zero axis and continue to diverge, with DIF(488) > DEA(336). EMA7(112697) has crossed above EMA30(111784), forming a golden cross, and the price is stabilizing above EMA7. The short-term bullish sentiment is warming up, with the price moving up within the range. The upper resistance is at 114500, and the lower support is at 111900. Note that the short-term market is quite volatile, so it is advisable to control risks when trading. If key levels are not broken, it is not recommended for cryptocurrency friends to blindly follow.

9.11 Bitcoin Short-term Reference:

Short entry point 115500-114500, stop loss at 117200, target below 113500,

Long entry point 111000-111900, stop loss at 500, defend at 109000, target above 112500,

There may be delays in article posting, and strategy suggestions are for reference only. The market changes rapidly, so regardless of how confident you are in market judgments, always set take-profit and stop-loss levels. For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for ways to add: the first ten each day can receive free exit strategies.

For more real-time trades, you can follow my public account for 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. focusing on analyzing and guiding BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who are not familiar with trading, you are welcome to study and learn together.

Exclusive views, there may be delays in article posting, risks are self-borne, manage your positions reasonably, and avoid 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. Keep it up!

—— This article is written by Mr. Coin from the cryptocurrency community, no plagiarism, 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。