Cryptocurrency trading is a long-term plan, not something that can be achieved overnight, so one should not be too hasty. 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 increase 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.

10.25 Bitcoin (BTC) Market Analysis Reference

The trend has once again attempted to rise but failed to break through, and the market remains within the oscillation range mentioned yesterday. Looking at the four-hour chart, the price has retraced to near the mid-axis support. The intraday high is close to the resistance area, but it has not broken upwards. Currently, the price has also retraced to around 110,600, having tested the key support of 110,000 multiple times without breaking it. However, the rebound strength is gradually weakening, so we still recommend focusing on short positions. Pay attention to short positions in the 112,300-112,800 area.

If the short-term support at 110,000 is broken, it is expected that this wave of rebound will also be declared over. Everyone should maintain a short position mindset, and the market is likely to continue downward. We hope all cryptocurrency friends are prepared in advance. Recently, Bitcoin has shown strong volatility, and the risk of entering the market is greater than usual, so we advise those trading short-term to reasonably plan their positions. Sometimes, decisive action is necessary; otherwise, one may end up in chaos.

10.25 Bitcoin Short-term Reference:

Short entry point 112,800-111,800, stop loss at 115,800, target below 111,000 with a stop loss of 500.

Long entry point 108,500-109,500, stop loss at 500, defend at 106,000, target above 110,500.

There may be delays in article posting, and strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident one is in market judgment, it is essential to set take-profit and stop-loss levels to secure profits.

For more real-time trades daily, you can follow my public account to gain insights. You can learn technical analysis online, manage positions, etc. I have researched the market for many years, studying the major trends in the cryptocurrency space, 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. For more real-time trading strategies and online technical learning, you can follow the mentor's public account (Mr. Coin in the cryptocurrency circle) to get the addition method: the first ten each day can receive free position management strategies.

Exclusive opinions, there may be delays in article posting, and risks are borne by oneself. Manage your 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 in the cryptocurrency circle, no plagiarism, respect originality!

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