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 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.

10.27 Bitcoin (BTC) Market Analysis Reference

Bitcoin opened today continuing yesterday's volatile trend, with the market slightly breaking through the 112300 mid-axis resistance in the afternoon. The price broke out and rose slightly again, currently reaching a high point near 114000. Short-term bullish sentiment is relatively strong, and this wave of upward movement has further extended the increase. As mentioned in yesterday's article, the mid-axis serves as the boundary line between bulls and bears. If the market can stabilize above the mid-axis support line, the price is expected to test the previous high resistance.

Currently, bullish sentiment is strong, and the conditions for breaking out have been met. There is still some room for short-term upward movement, but not much. A further breakout needs to look at the previous highs, so it is recommended to wait for stabilization and then focus on buying on the pullback. The short-term trend is fluctuating upward, with short-term support to watch at the 112000 line.

10.27 Bitcoin Short-term Reference:

Short position entry point 114500-115500, stop loss at 117800, take profit target below 113300.

Long position entry point 111000-112000, stop loss at 500, defend at 108000, take profit target above 113000.

There may be delays in the article's release; the 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 profits and stop losses properly. 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 daily, 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 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, manage positions reasonably, and avoid heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, to move forward together and cheer each other on. 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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