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 advises all cryptocurrency friends to learn while trading, summarizing both gains and losses in a timely manner, deepening their understanding of risks, and planning the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

8.10 Bitcoin (BTC) Market Analysis Reference

Bitcoin rebounded after a pullback in the afternoon, with the price nearing the upper resistance area, currently approaching the 116600 line. The price has tested the upper 117600 multiple times on 8.8-8.9 but failed to break through again. The focus will be on the breakthrough situation in this area; if it can break through, there is a possibility for the price to move further towards the 118000 resistance area. I hope all cryptocurrency friends are 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 recommended to blindly chase long positions before a breakout. The overall trend remains a wide range of fluctuations, with the upper focus at the 118000 line and the lower support at the 115500 line. Before a breakout occurs, do not chase highs and sell lows, so we mainly operate with high shorts and low longs.

8.10 Bitcoin Short-term Reference:

Short position entry point 117300-118300, stop loss at 119500, target below 116500,

Long position entry point 114500-115500, stop loss 500, defend at 11250, target above 116500,

8.10 Ethereum (ETH) Market Analysis Reference

Recently, many fans have asked me why Ethereum is so strong. Perhaps everyone thinks that Ethereum has been performing exceptionally well these days due to recent actions by the government, such as signing executive orders for pensions, the potential influx of 12.5 trillion into the market, or pressure on banks. This is actually a big misunderstanding; it is not the reason at all. If these events were the cause of positive news, Bitcoin should have led the charge, but the reality is that only Ethereum has taken off, now standing above 4300 points, while Bitcoin is still consolidating. So why is Ethereum so strong? I would like to share my personal view: it is because Bitcoin's position is too high. Even if institutional investors want to buy, they may find it difficult. In contrast, since Ethereum rose from 1800, it has been soaring, driven by those companies treating Ethereum as a strategic reserve. They have been quietly acquiring those ancient whales' holdings, and this certainly involves the participation of Bitcoin's main forces. This is the underlying reason and fundamental logic, not just two pieces of news from Trump causing a surge. I hope everyone does not blindly follow the news and fall into traps.

As Ethereum continues to rise with the backing of behind-the-scenes forces and positive news, the price keeps climbing, having already broken through the 4300 level, with the highs continuing to rise. The daily increase is approaching over 200 points, and Ethereum is undoubtedly leading the charge with strong bullish sentiment. The current upward momentum is fierce, and there are no obvious signs of resistance appearing, indicating a trend for the market to continue pushing upward. As the price rises, bullish volume is continuously being stimulated, leading to further upward testing of prices. The bull market we have been anticipating is now in front of us, and we can only operate in line with the trend. Short positions should be entered cautiously, but I would like to remind everyone that the market is very volatile, so it is advisable to take profits when they are available.

8.10 Ethereum Short-term Reference:

Short positions can be observed for now,

Long position entry point 4200-4251, stop loss 30 points, target above 4320,

There may be delays in article posting; 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. For more real-time strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for access. The first ten people daily can receive free exit strategies.

For more real-time 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 all cryptocurrency friends who are unsure about trading to study and learn together.

Exclusive views, article posting may have delays, risks are self-borne, manage positions reasonably, and avoid heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, moving forward together. 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. Let's go!

—— This article is written by Mr. Coin from the cryptocurrency circle, no plagiarism, respect originality!

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