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.

Mr. Coin's Cryptocurrency Market Analysis Reference for Bitcoin (BTC) on October 3rd:

Bitcoin's intraday rebound continues, with the price breaking through the 120,000 resistance area, opening up space above. The price has reached around 1,201,000 and is under pressure, entering a slight consolidation. All indicators show that short-term support is slowly moving up. If it can stabilize around the 120,000 line, the expected increase will continue, and one can follow up with long positions. With a short-term breakout to the upside and strong bullish sentiment, our strategy shifts to buying on dips, with short-term support focusing on the stabilization around the 120,000 line, and subsequently watching 118,500.

Bitcoin Market Analysis Reference for October 3rd

Short position entry point in the 1,201,500 - 1,225,000 range, with a stop loss at 124,500 and a target below 121,000.

Long position entry point in the 117,000 - 118,000 range, with a stop loss at 115,500 and a target above 119,300.

Mr. Coin's Cryptocurrency Market Analysis Reference for Ethereum (ETH) on October 3rd:

There may be delays in sending articles, and strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident one is in market judgments, it is essential to manage take-profit and stop-loss levels properly. For more real-time trading strategies and online technical learning, as well as ways to exit positions, you can follow the official account of Mr. Coin (币圈币先生). The first ten people each day can receive free strategies for exiting positions.

For more real-time trades, you can follow my official 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 and guiding BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other cryptocurrencies. I welcome all cryptocurrency friends who are unsure about trading to study and learn together.

This article is exclusively shared by Mr. Coin and represents his unique perspective. There may be delays in sending articles, and risks are borne by the reader. It is important to manage positions reasonably and avoid heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, to move forward together, and to keep striving. In the depths of time, hold onto understanding. One must learn to be optimistic in investing. 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 diligently, 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!

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