Trading in the cryptocurrency market is a long-term plan, not something that can be achieved overnight, so one should not be overly anxious. Even if there are losses in the short term, there is nothing to fear. As long as the subsequent direction is chosen correctly, what is lost will eventually return. However, it is important to grasp the timing of trades and the current market trends; this will increase the win rate. At the same time, investing is also a process of growth. Mr. Coin suggests that all cryptocurrency friends learn while trading, summarize their gains and losses in a timely manner, deepen their understanding of risks, and plan their mindset correctly. This way, they can reasonably avoid risks and become qualified investors.

Mr. Coin's Analysis of Bitcoin (BTC) Market on March 10

Bitcoin has rebounded during the day, with the current price returning to the 69,000 line, approaching the high position near 69,500, and has tested multiple times without breaking through again. The upward momentum in the short term has weakened, so it is not advisable for all cryptocurrency friends to blindly chase long positions until the trend breaks through again. The focus should be on the breakthrough situation in this area; if it breaks through, there is a possibility that the price will further move towards the 70,000 resistance area. I hope all cryptocurrency friends will be prepared. Conversely, if it cannot break through for a long time, there is a risk of a short-term price pullback, so it is not suggested to blindly chase long positions before a breakthrough.

On the daily level, after forming a hammer line on March 9, the rebound trend continued, with the short-term low of 65,821 USD becoming a key support level. From a technical analysis perspective, although the 4-hour MACD has formed a golden cross and continues to expand, the DIF indicator (182) is still below the zero axis; the MACD dead cross pattern on the daily level has not changed. Currently, without breaking the overall trend, it is considered a wide-range fluctuation, with the upper resistance focusing on the breakthrough and stabilization of the 70,000 line and the lower support focusing on the 67,500 line.

Short-term Reference for Bitcoin on March 10:

For the range of 69,500-70,500, protect with 73,500, stop loss at 500 points, target below 68,500,

For the range of 67,300-66,300, target above 68,500, stop loss at 500 points.

Mr. Coin's Analysis of Ethereum (ETH) Market on March 10

After a low retracement to 1,910, Ethereum has rebounded, returning the price to above 2,000. The current price is around 2,030, the trend has broken through the short-term resistance above and re-entered a wide-range fluctuation pattern. The focus should be on the support situation at 1,970. Mr. Coin believes that as long as the support below is not broken during a pullback, the overall fluctuation pattern remains unchanged. Therefore, 1,970 is also the dividing line between bullish and bearish. The upper resistance focuses on the line at 2,080, and further touches can consider entering long positions, with a stop loss of 30, and support below watches for positions at 1,970 and 1,930.

Short-term Reference for Ethereum on March 10:
For the range of 2,070-2,130, protect with 2,380, target below 2,030,

For the range of 1,950-1,900, stop loss at 50 points, target above 1,980,

There might be delays in message sending, and strategy suggestions are for reference only. The market is ever-changing; regardless of how high your judgment is on market conditions, always make sure to set stop-loss and take-profit levels to secure your gains.

For daily more real-time trade strategies, technical learning online, and solutions for exiting positions, please follow the public account (Mr. Coin Talks Crypto) for the addition method: the first ten people every day can receive free strategies for resolving positions.

For daily more real-time trades, you can follow the public account (Mr. Coin Talks Crypto) to access online technical learning, solutions for exiting positions, etc. I have studied the market for many years, research the major trends in the cryptocurrency market, and have studied extensively in the U.S., mainly analyzing and guiding BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other cryptocurrencies. Those who are not familiar with trading are welcome to join in studying.

The content of this article is exclusively original and shared by Mr. Coin, representing only Mr. Coin’s unique views. There may be delays in message sending, and risk is self-borne. When trading, reasonably control your position and do not operate with too large or full positions.I hope all my fans can achieve financial freedom, move forward together, and work hard; in the depths of time, hold on to understanding. While investing, it is important to learn to be optimistic. Do not let your future self resent your current self. We are living authentically, but we do not need to take every data revelation too seriously. Let the past be the past, and welcome the future quickly! Take good care of yourself, stay sharp, and be ready to set off at any time. Keep going!

—— This article is written by Mr. Coin, and we refuse to copy; respect originality!

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