Cryptocurrency trading is a long-term plan; it is not about immediate results, 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 learn while trading, 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.

6.20 Cryptocurrency Market Analysis by Mr. Coin: Bitcoin (BTC)

Yesterday, Bitcoin's price rose to around 105200 but faced resistance. In the evening, the price corrected but did not break below support, maintaining a consolidation pattern. Throughout the day, the price fluctuated between bullish and bearish.

On the hourly chart, the Bollinger Bands are narrowing, indicating a short-term stalemate between bulls and bears. The price remains oscillating below the middle line of the Bollinger Bands. It is expected that this oscillating market will continue for some time, and the strategy should be to sell high and buy low. The support below is at 103500, while resistance above is at 105500 and 106800. It is still recommended to maintain the strategy of selling high and buying low within the range until a breakout occurs.

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 followers can receive free exit strategies.

6.20 Bitcoin Short-term Reference:

For short positions, try the entry point at 105100-106500, with a stop-loss at 108300. Target below 104000.

For long positions, try the entry point at 102500-103500, with a stop-loss at 500, and a target above 104300.

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

For more real-time trades, you can follow my public account for online technical learning, exit strategies, etc. I have researched the market for many years, focusing on major trends in the cryptocurrency space, and have studied extensively in the U.S. to analyze and guide 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.

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 followers can receive free exit strategies.

Exclusive opinions; there may be delays in article posting. Risks are borne by the individual. Manage your 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, prepare well, and be ready to set off at any time. Let's go!

—— This article is written by Mr. Coin, plagiarism is refused, and original work is respected!

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