Mr. Coin in the Crypto Circle: 4.21 Bitcoin (BTC) and Ethereum (ETH) latest market analysis and reference today, including operational reference ideas.

CN
3 days ago

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 suggests that all cryptocurrency friends should learn while operating, summarizing both gains 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.

4.21 Mr. Coin's Analysis of Bitcoin (BTC) Market Trends

Recently, the Bitcoin market has entered a range-bound fluctuation, but the short-term trend is weak. Yesterday, the market rebounded after a pullback, maintaining a range-bound movement without breaking the range. Today, the upward momentum has weakened, and support has shifted downwards, but the short-term fluctuation pattern has not changed. The current price is around 84800, with key resistance still at 86000. Until a breakthrough and stabilization occur, the upper space will not open up, and the increase will not be further extended. Therefore, Mr. Coin advises against blindly chasing the rise and to be cautious of the price retreating to support again.

On the short-term hourly chart, the Bollinger Bands are in a contracting posture, with the price testing around the middle band. The low has touched the lower band support, leading to a rebound, and the fluctuation range is continuously compressing. Currently, all moving averages and the daily DIF (113) are crossing above the DEA (-378). The 4-hour MACD green bars are continuously shrinking to -119, with the fast and slow lines still above the zero axis. The 4-hour RSI (54.8) has leveled off after exiting the overbought zone, and the daily RSI (52.78) is in a neutral area. EMA: The current price is stable above EMA30 (84600), with the 120-day moving average (83730) as the support zone. There are no signs of a breakout upwards in the short term, so it is expected that the fluctuation trend will continue for a while. All cryptocurrency friends should prepare in advance. The main operation is to short on rebounds.

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.

4.21 Short-term Reference for Bitcoin:
Light short positions at 85300-86200, with a stop loss at 87500. Target: below 84500.

Long positions at 83200-83800, with a stop loss of 500. Target: above 84500.

4.21 Short-term Reference for Ethereum:

Short positions: 1605-1655, with a stop loss at 1870. Target: below 1590.

Long positions: 1520-1470, with a stop loss of 30 points. Target: above 1600.

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

Mr. Coin's public account: Mr. Coin in the cryptocurrency circle. 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 circle, and have studied in the U.S. multiple times, 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.

The article may have delays in delivery, and risks are to be borne by yourself. Manage your positions reasonably and avoid heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, move forward together, and keep pushing. 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. Keep going!

—— This article is written by Mr. Coin in the cryptocurrency circle, refusing plagiarism and respecting originality!

In the evening, bullish sentiment has warmed up, and the market has broken out to the upside. The current price has returned to above 84000, testing upwards with pressure at 85500, and the market has once again entered a consolidation phase, with both bulls and bears in a stalemate.

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