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 profits and losses in a timely manner to deepen their understanding of risks and to plan a correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

7.7 Mr. Coin's Analysis Reference for Bitcoin (BTC)

Last night, Bitcoin broke the consolidation pattern and subsequently experienced a slight rebound, returning to the area above 109,000 by early morning. Bullish sentiment began to warm up, and the market started to trend upwards. The price is expected to challenge the 110,000 mark during the day, so all cryptocurrency friends should prepare in advance.

From the daily chart, the price ended with a bullish candle yesterday, and the market is trending upwards. After a low-level pullback near the ten-day defense line, a rebound occurred. Overall, the situation has improved compared to the previous days, and the middle track support is slowly moving up. As long as the price does not fall below 107,500 during the day, the short-term upward trend will not change.

On the short-term hourly chart, the support below is strong, and the trend has returned to the upper middle track area. Currently, the price is under pressure near 109,700. The price has shown slight fluctuations at the high end of the range, and market sentiment is relatively sluggish, with both bulls and bears gradually in a stalemate. There is daily support below and a psychological barrier at 110,000 above.

For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for access. The first ten people each day can receive free exit strategies.

7.7 Short-term Reference for Bitcoin:

Lower entry point 109,500-110,500, stop-loss at 121,500, target below 108,700.

Upper entry point 106,800-158,000 long, stop-loss 500, defend at 104,000, target above 107,300.

7.7 Mr. Coin's Analysis Reference for Ethereum (ETH)

Yesterday, after Ethereum's price pulled back to the 2,500 mark, it experienced a strong rebound from evening to early morning, with the trend showing consecutive bullish candles, breaking back into the area near 2,600. Overall bullish sentiment has warmed up. The current price is around 2,595, and it has encountered resistance near 2,605. This indicates that although the market is moving upwards, there is still some pressure above the 2,600 area, and it is not recommended to blindly chase the price before it breaks through.

On the short-term hourly chart, the market has returned to the upper middle track area. Currently, it has touched the 2,500 line at a low level and is showing a rebound. However, there is insufficient bullish supply, and short-term signals indicate a potential pullback, so it is not advisable to blindly chase the price. A more stable approach would be to wait for a pullback to go long, which carries lower risk. Pay attention to the support at the 2,500 line below.

7.7 Short-term Reference for Ethereum:

Lower entry point 2,605-2,655, stop-loss at 2,780, target below 2,570.

Upper entry point 2,485-2,525, stop-loss 30 points, target above 2,560.

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

For more real-time trading strategies, 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 space, and have studied extensively in the U.S. focusing on analyzing BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other cryptocurrencies. For those who are unsure about trading, you are welcome to study and learn together. For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for access. The first ten people each day can receive free exit strategies.

Exclusive opinions, there may be delays in sending articles, and risks are to be borne by yourself. 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 striving. 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. Let's go!

—— This article is written by Mr. Coin, plagiarism is refused, and original content is respected!

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。