Trading in the cryptocurrency market is a long-term plan; it does not depend on a moment's success, 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 is lost will eventually return. However, it is important to grasp the timing of transactions and the current market trend to improve the winning rate. At the same time, investing is also a growth process. Mr. Coin advises fellow cryptocurrency enthusiasts to learn while trading, summarize gains and losses in a timely manner, deepen understanding of risks, and plan a correct mindset so that risks can be reasonably avoided, and one can become a qualified investor.

Mr. Coin's Cryptocurrency Analysis Reference for February 23 Bitcoin (BTC)

The short-term trend of Bitcoin still maintains a weak fluctuation. The increase from yesterday has started to slowly retrace, but the key short-term support at 66000 has not been broken, so the fluctuation pattern will not change. Therefore, Mr. Coin suggests that in operations, the focus should be on short positions during rebounds. The 4-hour continuous bearish candles have broken below the EMA7 moving average (67983→67642), and the short-term bullish momentum is weakening; at the same time, the 4-hour MACD index DIF (92.2) has crossed below DEA (49.6), with the histogram reducing in volume, further confirming the weakening in the short term. However, the support below remains clear.

On the daily level, a long lower shadow was formed on February 20 (66280→68318), indicating significant buying support in the 67500 area, and the current price is testing the key support near the 4-hour EMA30 (67000). Although the daily MACD maintains a death cross, the green bars have already narrowed, and the battle between bulls and bears has entered a crucial stage. It is expected that the consolidation will continue for some time. Everyone should wait for the break of the adjustment range of 66000-69000 for clearer market operations.

Short-term Reference for Bitcoin on February 23:

Short position in the range of 68500-69500, defend at 71500 with a stop loss of 500 points, target below 67500,

Long position in the range of 66500-65500, target above 77500, stop loss 500

There is a delay in sending chapters. Strategy suggestions are for reference only. The market changes rapidly; no matter how high the judgment of the market may be, be sure to set good take profit and stop loss levels, and secure your gains.

For more real-time trading strategies and online technical learning on daily adjustments and exits, you can follow the mentor's public account (Mr. Coin Talks About Currency) for the method of addition: the first ten each day can receive free strategies for resolving positions.

For more real-time trades, you can follow the public account (Mr. Coin Talks About Currency). You can learn about market analysis and exit strategies online. I have been researching the market for many years, studying the major trends in cryptocurrencies, frequently pursuing further studies in the U.S., and mainly analyzing and guiding BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other currencies. I welcome all cryptocurrency enthusiasts who are unfamiliar with trading to study and learn together.

The content of this article is an exclusive original share by Mr. Coin in the cryptocurrency market and represents only Mr. Coin's exclusive viewpoint. There may be delays in sending articles, and risks are borne by the reader. When trading, please control your positions reasonably, and avoid heavy or full positions.Mr. Coin wishes that all fans can achieve financial freedom, progress together, and cheer each other on. In the depths of time, hold tightly to understanding. Learn to be optimistic in investing. Do not let your future self resent your present self. We live authentically, but not every piece of data needs to be scrutinized thoroughly. Let the past be the past, and let the future come quickly! Take good care of yourself, prepare, and be ready to set off at any moment. Let's go!

—— This article is written by Mr. Coin in the cryptocurrency market, plagiarism is refused, and originality 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。