Cryptocurrency trading is a long-term plan; it is not about immediate results, 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 profits and losses in a timely manner to deepen their understanding of risks and to plan a correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

4.20 Mr. Coin's Cryptocurrency Market Analysis: Bitcoin (BTC) Reference

Yesterday, Bitcoin did not break upward; it faced resistance at the high of 85600 and retraced. Although it rebounded from the 84600 line, the overall trend remains in a range consolidation. The market continues the range consolidation from yesterday, with the current price operating near the 85200 position, and the range has slightly compressed.

From the daily chart, the price closed positively yesterday, but the market did not break upward. Both bulls and bears are gradually becoming entangled. The current price is testing the five-day attack line, and the overall trend continues the oscillation pattern from yesterday. If it can stabilize around the 85000 line, there is still a possibility of breaking to a new high. Please be prepared in advance. Currently, the indicators are flattening, indicating that the expected oscillation market will continue for some time.

On the short-term hourly chart, the Bollinger Bands are parallel and moving forward, with the price fluctuating around the middle band. Market sentiment has once again entered a sluggish state. As of now, the price fluctuation range is only about a thousand points, and the short-term market is leaning towards oscillation. The operation position should be high for short and low for long.

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 strategies.

4.20 Bitcoin Short-term Reference:
Light short position 85500-86200, stop loss at 87500, take profit target below 84500.

Long position 83200-83800, stop loss 500, target above 84500.

4.20 Ethereum Short-term Reference:

Short position: 1630-1680, stop loss at 1870, take profit target below 1590.

Long position: 1500-1550, stop loss 30 points, target above 1600.

There may be delays in article delivery; strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident you are in market judgments, always set take profit and stop loss levels to secure your gains.

Mr. Coin's public account: 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 strategies.

For more real-time trades, 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.

This article is exclusively shared by Mr. Coin and represents his unique views. There may be delays in article delivery; risks are to be borne by the reader. Manage your positions reasonably, and do not operate with heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, to move forward together, and to keep striving. 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, prepare well, and be ready to set off at any time. Keep it up!

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

In the evening, bullish sentiment has warmed up, and the market has broken upward. The current price has returned to above 84000, testing upward resistance at 85500 and retracing again. The market has entered consolidation, with both bulls and bears becoming entangled once more.

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