Trading in the cryptocurrency market is a long-term plan, not something that can be achieved overnight, so one should not be overly anxious. Even if losses occur 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, one must pay attention to the timing of trades and the current market trends in order to increase the success rate. At the same time, investing is also a process of growth. Mr. Coin advises fellow traders to learn while trading, and to timely summarize both gains and losses in order to deepen their understanding of risks and proper mindset planning. This way, risks can be reasonably avoided, allowing one to become a qualified investor.

Mr. Coin's Cryptocurrency Market Analysis Reference for 3.13 Bitcoin (BTC)

Bitcoin retraced yesterday and showed a rebound, but unfortunately failed to break through the upward resistance. The current price has pulled back to around the 70000 level, with both bulls and bears in a standstill; the pullback shows signs of stabilization. If it closes with a green candle again today, it is likely to test higher levels. Key attention should be paid to the previous high around 71300; if it breaks and stabilizes, the pattern of oscillation is expected to change, so I hope all traders are prepared.

At the 4-hour level, the long lower shadow line formed last night (with a low of 69353.3 and closing at 70327) indicates short-term buying support near 69000. The daily chart has shown three consecutive green candles. The high-position cross-star that formed early this morning is a signal that needs attention, indicating short-term pressure for a pullback. From a technical indicator perspective, even though the MACD on the 4-hour chart has crossed bullish, the red bars (momentum bars) have started to shrink, indicating weakening bullish momentum; meanwhile, the daily MACD continues to show a top divergence pattern. The price is steadily above EMA30 (69562), but the short-term EMA7 (70192) has started to flatten, indicating a weakening support from the short-term moving average. Overall, the coin price is showing signs of stagnation after the breakout and may require a pullback. Recently, the coin price has maintained wide fluctuations, whether rising or falling by over a thousand points, this oscillation will continue for some time. Currently, we are in this period, so our short-term strategy remains to sell high and buy low.

Short-term Reference for Bitcoin on 3.13:

71500-72500 range sell, defend at 75000, stop loss 500 points, target below 70500,

69300-68300 range buy, target above 70300, stop loss 500

Mr. Coin's Cryptocurrency Market Analysis Reference for 3.13 Ethereum (ETH)

Although Ethereum showed a rebound today, it did not break through the upper resistance at 2100, and the bullish momentum has started to weaken, with prices pulling back into the consolidation zone. Short-term trading is still in range consolidation. Pay close attention to the support at 2030; if it breaks, there is a risk of a pullback. Watch the breakout situation at 2100 above; only a solid break above will continue the upward trend. Looking at the short cycle hourly chart, the Bollinger Bands are in a contracting posture, currently maintaining range oscillation with no additional breakouts occurring; subsequent attention should be on the breakout state of the range, and trades should focus on selling high and buying low within the range.

Short-term Reference for Ethereum on 3.13:
2090-2140 range sell, defend at 2380, target below 2030,

1950-2000 range buy, stop loss 50 points, target above 2040,

Dissemination of articles may have delays; strategy suggestions are for reference only. The market changes rapidly; regardless of how high your judgment is, always set stop-loss and take-profit measures to ensure safety.

For more real-time trades daily, you can follow the official account (Mr. Coin Talks About Coins) to get insights, and engage in technical learning, position closure, etc. I have studied the market for many years, examining the large trends in the cryptocurrency space, and have undergone further studies in the U.S. focusing on analyzing BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who are unsure about trading, I welcome you to research and learn together.

This article is an exclusive original share by Mr. Coin in the cryptocurrency space, representing only Mr. Coin's viewpoint. Articles may have delays in dissemination; risks are to be borne by individuals. Make sure to control your positions reasonably; avoid large or full-scale operations.Mr. Coin wishes all followers can achieve financial freedom and work together with effort. In the depths of time, gently grasp an understanding. In investment, it is essential to learn optimism. Do not let your future self resent your present self. We live truly, but not every data point needs to be taken literally. Let the past be the past, and let the future come quickly! Take good care of yourself, sharpen your skills, and be ready for action at any time. Let's go!

——This article is written by Mr. Coin in the cryptocurrency space, no plagiarism allowed, respect originality!

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