Cryptocurrency trading is a long-term plan; it is not about achieving results 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 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.

5.12 Mr. Coin in the Cryptocurrency Circle: Bitcoin (BTC) Market Analysis Reference

Bitcoin continued its upward trend yesterday, with prices constantly climbing. It faced resistance near the high of around 105,000, and the subsequent pullback and rebound failed to break the upper resistance. Bullish sentiment has temporarily eased, and the current coin price has stabilized above 104,000, maintaining a high-level fluctuation.

From the short-term 4-hour chart, the Bollinger Bands are slightly narrowing, and the short-term upward movement is hindered, entering a high-level consolidation. The MACD shows a death cross on both the 4-hour and 1-hour levels, and the MACD histogram is gradually shrinking. The RSI is in the 50-65 range on both the 4-hour and 1-hour levels, not entering the overbought or oversold areas. The short-term market is in a neutral state, and the MA moving averages on the 4-hour level show that the price is hovering around EMA7 (104,103). The short-term moving average EMA7 and the long-term moving average EMA120 (96,198) still maintain a bullish arrangement, but the slope has slowed down. The price is currently in a short-term consolidation range, with technical indicators leaning towards neutrality. The short-term upward momentum has weakened but has not yet shown a clear reversal. For those who cannot grasp the operation, it is recommended to observe the market. A stable operation should focus on pullback long positions.

For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin in the Cryptocurrency Circle) for addition methods: the first ten each day can receive free exit strategies.

5.12 Bitcoin Short-term Reference:

Light short positions at 104,500-105,500, with a stop loss at 106,500, target below 103,800.

Long positions at 102,000-101,000, with a stop loss of 500, defend at 99,500, target above 102,500.

5.12 Ethereum Short-term Reference:

Short positions at 2,570-2,635, with a stop loss at 2,850, target below 2,490.

Long positions at 2,400-2,440, with a stop loss of 30 points, target above 2,500.

There may be delays in article delivery; strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident you are in market judgments, always set stop-loss and take-profit levels to secure your gains.

Mr. Coin's public account: Mr. Coin in the Cryptocurrency Circle. For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin in the Cryptocurrency Circle) for addition methods: the first ten each day can receive free exit strategies.

For more real-time trading, you can follow my public account for online technical learning, exit strategies, etc. I have researched the market for many years, studying the major trends in the cryptocurrency circle, and have studied in the U.S. multiple times, mainly analyzing and guiding 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 views, there may be delays in article delivery, risks are self-borne, and it is important to control positions reasonably. Do not operate with 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 in the Cryptocurrency Circle, 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。