Cryptocurrency trading is a long-term plan, not something that can be achieved overnight, so one should not be too hasty. 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 probability of success. At the same time, investing is also a process of growth. Mr. Coin advises all cryptocurrency friends to learn while trading, summarizing both gains 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.

1.13 Bitcoin Market Analysis Reference

Bitcoin has rebounded after a pullback during the day, with bullish sentiment slightly warming up. The market has returned to the previous range of fluctuations, and short-term bullish sentiment is relatively strong. In the evening, the price has been continuously testing upwards, currently nearing 92300. On the daily level, the price has closed positively for three consecutive days and has broken through the previous high, showing a strong upward trend. Meanwhile, on the 4-hour level, the price quickly rebounded after testing the support level around 90000, forming a hammer candlestick with a long lower shadow, further confirming the upward momentum.

From the indicators, the 4-hour MACD's DIF line has crossed above the DEA line, forming a golden cross; the histogram of the daily MACD is also continuously expanding, indicating enhanced short-term upward momentum. In terms of the moving average system, the price has stabilized above the 4-hour EMA7 (91343), and the EMA7, EMA30, and EMA120 are in a bullish arrangement. If it breaks through and stabilizes, the daily increase is expected to continue, so Mr. Coin advises everyone to be prepared in advance. Currently, there is no breakdown, so our main thought is to focus on pullbacks, paying attention to the support around 90000 and the resistance around 92500.

1.13 Bitcoin Short-term Trading Strategy Reference:

Short position entry point 92500-93500, stop loss at 95800, target below 91000,

Long position entry point 88500-89500, stop loss 500, target above 90000,

1.13 Ethereum Short-term Strategy Reference:

Short position entry point 3165-3205, stop loss 30 points, target below 3100,

Long position entry point 2981-2931, stop loss 30 points, target above 3020,

There may be delays in article posting, and 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 effectively to secure profits.

For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin Talks About Coins) to get the addition method: the first ten each day can receive free exit strategy advice.

For more real-time trades, you can follow the public account (Mr. Coin Talks About Coins) 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. to primarily analyze and guide BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who are unsure about trading, you are welcome to study and learn together.

Exclusive opinions, there may be delays in article posting, risks are self-borne, manage positions reasonably, and avoid heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, move forward together, and 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, sharpen your skills, and be ready to set off at any time. Let's go!

—— This article is written by Mr. Coin from the cryptocurrency community, no plagiarism allowed, respect originality!

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