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 suggests that all cryptocurrency friends learn while trading, summarizing both profits and losses in a timely manner to deepen their understanding of risks and to plan the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

6.26 Mr. Coin's Analysis of Bitcoin (BTC) Market Trends

The daily increase in Bitcoin has continued, breaking through the 108,000 line in the evening. In the short term, it faced resistance and retraced around 108,100, with support slowly moving up. The focus should be on the stability of the 108,000 line; if it stabilizes after breaking, one can cautiously follow up with long positions. The market is expected to move towards the 109,000 to 110,000 range, and everyone can take advantage of a short-term profit opportunity. However, do not forget about risk control due to the large short-term fluctuations.

Looking at the short-term hourly chart, the Bollinger Bands are opening upwards, with the middle band moving up to around 106,800. If the subsequent retracement does not break this area, the daily increase is likely to continue. Therefore, one can consider entering long positions nearby during the retracement. The market is currently in a fluctuating upward trend, and as long as the support does not break, we can manage risk and operate accordingly.

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.

6.26 Short-term Reference for Bitcoin:

Lower test entry point 108,500-109,500, defend 110,500, stop loss: 500, target below 107,500,

Upper test entry point 105,500-106,500 long, stop loss 500, defend 104,500, target above 107,500,

There may be delays in article transmission; strategy suggestions are for reference only. The market changes rapidly, and regardless of how high your judgment of the market is, always set stop-loss and take-profit levels to secure your gains.

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 coins. I welcome all cryptocurrency friends who are unsure about trading to study and learn together.

Exclusive opinions, there may be delays in article transmission, risks are self-borne, manage your positions reasonably, and avoid heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, to move forward together, and to keep pushing. 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. Let's go!

—— This article is written by Mr. Coin, plagiarism is refused, and original work is respected!

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