Trading in the cryptocurrency circle is a long-term plan, not about immediate results, so one should not be overly anxious. Even if there are losses in the short term, there is nothing to be afraid of. As long as the subsequent direction is chosen correctly, what was lost will eventually return. However, it is important to grasp the timing of trades and the current market trends in order to increase the probability of winning. At the same time, investing is also a process of growth. Mr. Coin advises all coin friends to operate while learning, and to promptly summarize both gains and losses to deepen their understanding of risks and proper attitude planning. This way, risks can be reasonably avoided, becoming a qualified investor.

Mr. Coin's Cryptocurrency Circle: 3.12 Bitcoin (BTC) Market Analysis Reference

Bitcoin rebounded from the support level around 69000 yesterday, and the subsequent increase has continued, with short-term trends stabilizing again. The price rose to around 11320 and faced resistance, continuing a pattern of wide fluctuations. However, the short-term trend is somewhat repetitive, with prices hovering in a two-thousand-point range, so I hope everyone can manage their risks well.

Looking at the short-term hourly chart, the Bollinger Bands are narrowing, and after a long upper shadow identified at 71320 USD, the price pulled back, showing clear selling pressure above 71500 USD. The daily chart has displayed three consecutive bullish candles, but the gains have diminished, suggesting a weakening of short-term upward momentum. Currently, the hourly chart has formed a consolidation range between 69500 and 71150 USD, with a death cross signal appearing in the 4-hour MACD indicator (DIF crossing below DEA). The price continues to receive support at the 4-hour EMA7 (70079 USD), and the downward pressure is not strong, while the lower support has not been breached, with the 30-day moving average (69333 USD) providing short-term dynamic support. Watch for resistance at 71700 above and support in the 68500-69000 area below. Cautious investors can wait for a break to follow the trend, ensuring timely profit-taking.

3.12 Bitcoin Short-term Reference:

71700-72700 range, defensive add at 75000, stop loss 500 points, target below 70500,

69300-68300 range, target above 70300, stop loss 500

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

Ethereum is also under pressure today, currently around the 2050 position. It tested the previous high of 2085 several times yesterday but faced resistance. If the subsequent rebound cannot break through this resistance level and the bullish momentum depletes, there is a possibility of further decline, so I hope all coin friends are prepared. On the short-term hourly chart, the Bollinger Bands are narrowing, and the short-term trend is experiencing pressure and starting to pull back. Looking back at yesterday's overall performance, it has maintained a range consolidation without signs of a breakout, so I suggest support at the 1970-2000 range, operating high on the range and low on the breakout.

3.12 Ethereum Short-term Reference:
2080-2130 range, defensive add at 2380, target below 2030,

1950-2000 range, stop loss 50 points, target above 2040,

Updates may be delayed, strategies are for reference only, market conditions change rapidly, and regardless of how confident you are in market judgments, you must always utilize stop-loss and take-profit strategies to secure earnings.

 For more daily real-time trading strategies, online technical learning, unlocking positions, etc., please follow the mentor's public account (Mr. Coin Talks Cryptocurrency) for further details: the first ten followers each day can receive strategies for unlocking positions free of charge.

For more daily real-time strategies, please follow the public account (Mr. Coin Talks Cryptocurrency) for online market technical learning, unlocking positions, etc. I have studied the market for many years, focusing on the overarching trends in the cryptocurrency sphere, frequently pursuing further education in the US, primarily analyzing BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. Those who are unsure how to operate are welcome to study and learn together.

This article is exclusively written and shared by Mr. Coin and represents his views exclusively. Article updates may be delayed; take on risks personally, manage trading positions reasonably, and avoid over-leveraging or full positions.Mr. Coin hopes all friends can achieve financial freedom and move forward together, encouraging one another. In the depths of time, hold onto a bit of understanding. In investing, you must learn to be optimistic. Do not let your future self despise your current self. We live authentically, but not every data revelation necessitates a thorough examination. Let the past be the past, and let the future come quickly! Rest well, prepare diligently, and always be ready to set out—let's go!

—— This article was written by Mr. Coin from the cryptocurrency circle, and any plagiarism is rejected; respect originality!

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