Cryptocurrency trading is a long-term plan, not something that can be achieved 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 increase 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 to plan a correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

7.8 Mr. Coin in the Cryptocurrency Circle: Bitcoin (BTC) Market Analysis Reference

The overall intraday trend of Bitcoin maintains a wide range of fluctuations, with both bulls and bears pulling back and forth over a thousand points. In the early morning, it rebounded after testing the low around 107500, and the price returned to around 108000. However, due to insufficient supply afterward, the market did not stabilize for further upward movement. Compared to yesterday's trend, the fluctuation range has slightly compressed. If the price cannot make a strong rebound and break through the resistance around 109700 from yesterday, it is expected that the fluctuation market will continue for a while.

Looking at the short-term hourly chart, the market is under pressure and is retreating. The current price is continuously testing downward, entering a correction rhythm, with the current price around 108150. It is expected that the price will further test downward in the short term, and Mr. Coin suggests that all cryptocurrency friends prepare in advance. The current trend is approaching the middle track high pressure. If the price cannot effectively break through, there is a risk of further testing the 107000 line.

The overall trend of Bitcoin still maintains wide fluctuations, so the operation should maintain high short and low long positions. The upper resistance is focused on 108800-109500, and the lower support is focused on 105700-106500.

7.8 Short-term Reference for Bitcoin:

Short position testing point 109500-108500, stop loss at 111500, stop loss: 500, target below 108000,

Long position testing point 106500-105800, stop loss 500, defend at 104000, target above 107300,

7.8 Mr. Coin in the Cryptocurrency Circle: Ethereum (ETH) Market Analysis Reference

The intraday market for Ethereum maintains a weak fluctuation, rebounding after testing the low around 2505. Recently, it has faced resistance twice at the 2600 line, and the current price is around 2540. The overall fluctuation pattern has not changed, but the short-term correction strength has weakened, and the bullish sentiment is beginning to improve.

Recently, a double top structure has appeared on the 4-hour level (near 2588), followed by a rapid drop to the 2540 area. The current price is fluctuating in the range of 2523-2557, forming a short-term box. MACD: The 4-hour chart's DIF has crossed below the DEA, forming a death cross. The daily MACD red bars are shrinking but remain above the zero axis. Bullish momentum is weakening but has not turned bearish. EMA: The price has fallen below the 4-hour EMA7 (2547), while the daily EMA30 (2492) and EMA120 (2404) are still in a bullish arrangement, focusing on the support of the 30-day moving average. The overall trend maintains narrow fluctuations, with strong pressure around 2610. If touched, there is a possibility of being pressured and corrected again, so please pay close attention. The lower support is focused on the 2500 line.

For more real-time trading strategies, online technical learning, and exit strategies, please follow the mentor's public account (Mr. Coin in the Cryptocurrency Circle) for access. The first ten daily followers can receive free exit strategies.

7.8 Short-term Reference for Ethereum:

Short position testing point 2625-2575, stop loss at 2780, stop loss: 50, target below 2530,

Long position testing point 2465-2505, stop loss 30 points, target above 2560,

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

For more real-time trading strategies, please 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 circle, and have studied extensively in the U.S. focusing on analyzing BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who are not familiar with trading, you are welcome to study and learn together. For more real-time trading strategies, online technical learning, and exit strategies, please follow the mentor's public account (Mr. Coin in the Cryptocurrency Circle) for access. The first ten daily followers can receive free exit strategies.

Exclusive opinions, article delivery may be delayed, risks are self-borne, and positions should be reasonably controlled. Do not operate with heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, move forward together, and 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 in the Cryptocurrency Circle, no plagiarism, respect originality!

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