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 should 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.

7.18 Mr. Coin's Cryptocurrency Market Analysis: Bitcoin (BTC)

Yesterday, Bitcoin rebounded after a low pullback near 117,450, and the bullish sentiment continued to warm up, with prices moving upward. The price has now returned to above 120,000, facing resistance at around 121,000 in the early morning. If it can break through this level, the increase is expected to continue.

From the daily chart, yesterday's movement ended with a large bullish candle, recovering most of the previous decline, with the price at the 120,000 level. The subsequent support level has not been broken, and the market is rebounding, approaching a key resistance level, indicating that the situation is gradually improving. The Stoch and RSI indicators are flat, and the MACD lines show a golden cross, suggesting that the intraday market is leaning towards an upward trend.

On the short-term hourly chart, the Bollinger Bands are opening upwards, and the market is operating in the middle to upper band area. A short-term pullback near 120,000 has led to a rebound, and the overall market is in a fluctuating upward trend. If it stabilizes above 120,000, the market is expected to move further upward. Conversely, it may pull back to the support around 119,000. Given the recent volatility, it is recommended that cryptocurrency friends operate with light positions.

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.

7.18 Short-term Reference for Bitcoin:

Lower entry point 123,000 - 122,000, stop loss at 125,000, target below 121,500.

Upper entry point 118,000 - 119,000 for long positions, stop loss at 500, defend at 116,000, target above 119,800.

7.18 Mr. Coin's Cryptocurrency Market Analysis: Ethereum (ETH)

Ethereum has broken through as expected, continuing to reach new highs. Currently, it is facing resistance near the 3,501 level and has pulled back. The short-term market is blocked, and today it is consolidating at a high level. As of the time of writing, the price has pulled back to around 3,450, but the overall upward trend remains unchanged. We will wait for a pullback to reach support before considering entering long positions.

Ethereum continues its upward breakout trend, and the price has reached a new high today, further opening up space above. The overall direction for Ethereum has not changed, so the strategy remains to trade long in the direction of the trend. If it reaches new highs again, there is a possibility for the price to move further towards the 3,580 level. Short-term support levels to watch are 3,400 and 3,370.

7.18 Short-term Reference for Ethereum:

Upper entry point 3,400 - 3,355, stop loss at 30 points, target above 3,470.

The article may have delays in sending, and the 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, 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.

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. I welcome cryptocurrency friends who are unsure about trading to study and learn together.

Exclusive opinions, the article may have delays in sending, risks are self-borne, and it is important to control your position 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 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, sharpen your skills, and be ready to set off at any time. Keep it up!

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

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