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

10.14 Bitcoin (BTC) Market Analysis Reference

Last night, Bitcoin's market touched the 113500 line and rebounded. The current price has returned to the vicinity of 113500, and the market has entered a correction phase. However, the overall downward trend has not dissipated. If it cannot maintain stability at the 114500 level, it is expected that the price will further retreat to the lower support. In the short-term hourly chart, the Bollinger Bands are in a converging position, with the trend running near the middle track. The price has tested the 11600 line multiple times without breaking through, and the market has repeatedly corrected and consolidated. In the short term, both bulls and bears are in a stalemate, and the trend shows a range-bound recovery. We cautiously suggest rebounding to go short, and if the level is broken, consider lightly following in.

10.14 Bitcoin Short-term Reference:

Short position entry point 115200-116200, stop loss at 117800, target below 114500, stop loss: 500.

Long position entry point 113200-112200, stop loss 500, defend at 110500, target above 113800.

There may be delays in article posting, and strategy suggestions are for reference only. The market changes rapidly, and no matter how high the confidence in market judgment is, stop-loss and take-profit must be well managed. For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for addition methods: the first ten each day can receive free exit strategy advice.

For more real-time trades, you can follow my public account for online market 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 coins. For those who are not familiar with trading, you are welcome to study and learn together.

Exclusive views, there may be delays in article posting, 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 cheer each other on. In the depths of time, hold onto understanding. In investing, one must learn to be optimistic. Do not let your future self dislike your current 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 community, no plagiarism, respect originality!

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