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 advises all cryptocurrency friends to learn while trading, summarizing both gains and losses in a timely manner, deepening the understanding of risks, and planning the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

10.19 Bitcoin (BTC) Market Analysis Reference

Over the weekend, Bitcoin entered a phase of consolidation and repair. From a daily chart perspective, the trend shows a rounded top, and Mr. Coin's short-term view is also focused on adjustment. As mentioned in previous articles, after breaking short-term support, the subsequent normal trend should primarily be a range-bound adjustment, especially since the previous wave of market panic has not yet passed. From the current situation, there is a high probability that the price will test the range of 100,000 to 102,000. At that time, pay attention to support to confirm whether the adjustment is in place. Currently, the news front is relatively calm, maintaining a mixed market sentiment.

The current weak oscillation continues, but the resistance above is slowly moving down. Looking at the short-term hourly chart, the trend is operating in the middle-lower track area, with the lower track gap opened. The trend maintains a weak oscillation but has not broken down again, so our conservative approach is to focus on shorting during rebounds. The resistance above is still around 108,000 and 109,500.

10.19 Bitcoin Short-term Reference:

Short position entry point 108,000-109,000, stop loss at 110,800, target below 106,800 with a stop loss of 500.

Long position entry point 103,500-104,500, stop loss at 500, add to position at 102,000, target above 105,800.

There may be delays in article posting, and 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 in the cryptocurrency circle) for access. The first ten daily followers can receive free exit strategy advice.

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., 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 views, article posting may be delayed, risks are self-borne, manage positions reasonably, and avoid heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, moving forward together. 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 in the cryptocurrency circle, no plagiarism, 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。