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 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 operating, 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.

9.30 Bitcoin (BTC) Market Analysis Reference

Bitcoin's intraday market has pulled back and is currently approaching the 114,000 line again. The short-term trend shows a fluctuating upward movement, and it is once again nearing the previous resistance area. Short-term bullish sentiment is gradually warming up, so be cautious of a breakout to the upside. If the price breaks and stabilizes above the daily midline at 114,000, the market is expected to further test the upside. I hope all cryptocurrency friends are prepared in advance.

From the short-term hourly chart, the Bollinger Bands are opening upwards, and after multiple attempts to break through, the upward momentum has slowed down. Therefore, although the short-term market is on an upward wave, it has not broken out yet, and it is not recommended to blindly chase after aggressive operations. It is prudent to wait for a pullback to test support before re-entering, with attention to the levels around 112,500 and 112,000. For those wanting to follow long positions, pay attention to the breakout and stabilization at 114,000.

9.30 Bitcoin Short-term Reference:

Short position entry point 114,300-115,300, stop loss at 117,800, target below 113,500,

Long position entry point 111,800-112,800, stop loss 500, defend at 110,500, target above 113,300,

There may be delays in article posting, and 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. 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 market 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. For those who are not familiar with trading, you are welcome to study and learn together.

Exclusive views, there may be delays in article posting, risks are self-borne, and it is important to control 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, sharpen your skills, 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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