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 suggests that all cryptocurrency friends learn while trading, and summarize their 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.

6.14 Mr. Coin's Analysis of Ethereum (ETH) Market Trends

Ethereum has rebounded strongly from the 2435 level during the day, and the current price is around 2545. The trend has broken through the short-term resistance above and has re-entered a wide-ranging fluctuation pattern. Looking at the short-term hourly chart, the Bollinger Bands are opening up, and all moving averages are maintaining a downward pattern. Additionally, the KDJ indicator shows a death cross diverging downwards. Currently, the large bearish candle has broken below the middle axis of the daily Bollinger Bands. If the intraday rebound does not break through this level, it is expected that the price will continue to decline. All cryptocurrency friends should prepare in advance. The upper resistance to watch is the 2620 level, and if there is a rebound, consider entering a light short position. The lower support to watch is the 2270 level, so our subsequent strategy is to short high and long low.

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.

6.14 Short-term Reference for Ethereum:

Lower entry point 2605-2655, stop loss at 2800, stop loss: 50, target below 2580,

Upper entry point 2405-2475, stop loss 30 points, target above 2530,

There may be delays in article delivery, and strategy suggestions are for reference only. The market changes rapidly, and no matter how high your judgment of the market is, 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 ways to add: the first ten each day can receive free exit strategies.

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, 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 coins. For those who are not familiar with trading, I welcome you to study and learn together.

Exclusive opinions, there may be delays in article delivery, risks are self-borne, 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. Let's go!

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

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