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 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 trading, summarizing both profits and losses in a timely manner to deepen their understanding of risks and develop the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

4.17 Mr. Coin's Cryptocurrency Market Analysis: Bitcoin (BTC) Reference

In the evening of the day, bullish sentiment has warmed up, and the market has broken out to the upside, testing resistance at the 85500 level before pulling back. The current price has returned to the area above 84000, and the market has entered a consolidation phase again, with both bulls and bears in a stalemate.

From the short-term hourly chart, the Bollinger Bands are in a contracting posture. The price has adjusted and repaired based on the 30-day moving average, closing above 84000 for three consecutive days, but has not broken through the key level above. The short-term structure is slightly bullish. The fast and slow lines are still below the zero axis but have crossed upwards, indicating a temporary reduction in bearish volume; attention should be paid to whether it can break through the zero axis to confirm a trend reversal. SI (4H/Daily): 14 value 53/51, in a neutral range. EMA: The 7-day moving average (84318) has crossed above the 30-day (83935), with the 120-day line at 83133 serving as short-term support. There is significant selling pressure near the previous high of 85500-86000, so it is not recommended to blindly chase long positions in the short term, and caution is advised against the market pulling back again. Overall, the market is in a wide-ranging oscillation posture, and there are no signs of a breakout, so the strategy should maintain a high short and low long approach.

For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for access. The first ten daily participants can receive free exit strategies.

4.17 Bitcoin Short-term Reference:

Light short positions at 85000-85800, with a stop loss at 87500, target below 84000.

Long positions at 82200-83200, stop loss 500, target above 84000.

4.17 Ethereum Short-term Reference:

Short positions at 1630-1680, with a stop loss at 1850, target below 1500.

Long positions at 1480-1530, stop loss 30 points, target above 1600.

There may be delays in sending messages; strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident you are in market judgments, always set stop-loss and take-profit levels to secure your gains.

Mr. Coin's public account: For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for access. The first ten daily participants can receive free exit strategies.

For more real-time trading strategies, 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. focusing on analyzing 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 the article; risks are to be borne by the reader. Manage your 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. 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. Keep it up!

—— This article is written by Mr. Coin, and plagiarism is rejected; respect originality!

In the evening of the day, bullish sentiment has warmed up, and the market has broken out to the upside. The current price has returned to the area above 84000, testing resistance at the 85500 level before pulling back, and the market has entered a consolidation phase again, with both bulls and bears in a stalemate.

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