Cryptocurrency trading is a long-term plan; it is not about achieving results overnight, 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 suggests that all cryptocurrency friends should learn while trading, summarizing both profits and losses in a timely manner to deepen their understanding of risks and develop the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.
6.30 Mr. Coin's Analysis of Bitcoin (BTC) Market Trends
Yesterday, Bitcoin's market continued its volatile trend. In the afternoon to evening, the price tested upward, successfully breaking through the 108,000 mark, reaching a high of around 108,500 before facing resistance and pulling back. Multiple attempts to break the upper gap were unsuccessful. Although today's high has moved up slightly, there is clearly strong resistance above, and the market is currently under pressure, operating around the 107,500 position.
From the daily chart, yesterday's trend closed positively, and the overall situation is starting to warm up. The price is stabilizing above the 107,000 area, but due to the strong resistance above, the price is experiencing a pullback, and the bulls and bears are beginning to be at a standstill. The overall direction has not changed. If the market can break through the strong resistance area near 108,500 during the day, the price is expected to break upward further. However, if it cannot effectively stabilize and break above the 108,500 resistance, there is a risk of a deeper pullback if the price falls below the daily Bollinger middle line. The support to watch during the day is around 105,800, while the resistance remains at the 108,500 line. It is recommended to operate with light positions, taking high short and low long positions or observing the market.
For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for ways to add: the first ten each day can receive free exit strategies.
6.30 Short-term Reference for Bitcoin:
Lower test entry points at 108,200-109,500, with a stop-loss at 111,000; target below 107,500.
Upper test entry points at 105,000-106,000 long, with a stop-loss at 500; target above 107,000.
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.
For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for ways to add: 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., 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.
Exclusive opinions, there may be delays in article delivery, and risks are borne by yourself. Manage your positions reasonably; do not operate with heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, moving forward together and cheering each other on. 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, and we refuse to plagiarize and respect originality!
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。