Mr. Coin in the Crypto Circle: On August 25, Bitcoin fluctuates between long and short positions. How to plan for the future market? Today's latest market analysis of Bitcoin for reference, including operational reference ideas.

CN
13 hours ago

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 gains 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.

8.25 Bitcoin (BTC) Market Analysis Reference

The Bitcoin price has once again closed in the red on the daily chart, with the overall range slowly moving downwards. By early morning, this round of correction had dropped over 4000 points, breaking through the previous low, and the earlier gains have been retraced again. Currently, the low is approaching the position near 110,500 from yesterday, but it has not broken downwards, maintaining a weak oscillation trend.

Looking at the short-term four-hour chart, there have been consecutive bearish candles at the 4-hour level, with a minimum test of 111,632 before rebounding, forming a long lower shadow, indicating that there is buying support in the 111,000 area. On the daily level, after a huge bullish candle on August 22 (an increase of 4,050 points), there have been three consecutive days of correction. The current price has fallen below the EMA30 moving average, and MACD: the 4-hour level DIF and DEA have crossed below the zero axis for the second time. The red momentum bars on the daily level continue to shrink. EMA: the price has fallen below all EMA moving averages at the 4-hour level (7/30/120), and the daily level EMA30 (115,897) has become a key resistance. The market is in a correction cycle, and if the support position is broken, there is a risk of further price declines. Therefore, the intraday strategy remains to hold short positions on rebounds. Currently, focus on the resistance area of 114,500.

8.25 Bitcoin Short-term Reference:

Short entry point 114,500-115,500, stop loss at 118,500, target below 113,500,

Long entry point 110,000-111,000, stop loss 500, defend at 108,000, target above 112,000,

There may be delays in the article's release, and the strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident one is in market judgment, it is essential to manage take-profit and stop-loss effectively. 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 strategy advice.

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. to primarily analyze and guide 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.

Exclusive views, there may be delays in the article's release, risks are self-borne, and it is important to manage positions reasonably. Do not operate with 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 from the cryptocurrency community, no plagiarism, respect originality!

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