The essence of trading lies in the ability to find opportunities, to plan before acting, and to strategize effectively. This has always been the key to Minghui's success in the market. Many people fail due to chaotic operations, lack of planning, and no strategy. Most losses occur from locking positions, holding onto trades, and not using stop-losses. The root cause is often a lack of skills and ideas, blindly trusting others' trades, following the wrong orders, and having a poor mindset, leading to small gains and large losses. The saying "think thrice before acting" holds true; only well-considered entry points should be taken. Aggressive points can leave traders in a dilemma, either catching the highest or lowest points, with significant price differences. If one is reluctant to take a loss, they can only endure. Stable points allow for profitable exits or the option to withdraw.

7.26 Cryptocurrency Market Analysis by Minghui: Ethereum (ETH) Strategy Reference

Although Ethereum made some progress yesterday, breaking through the 3700 resistance level, the upward movement did not sustain much due to the influence of the broader market, and it subsequently retraced all gains, with the price falling back to the 3600 support level. Currently, it has touched a low of around 3575 and is showing a rebound. The low from yesterday was not broken, but the upward momentum has weakened. Therefore, unless the upper resistance is broken, it is not advisable to blindly follow long positions, as there is a risk of a short-term pullback leading to high-level trapped positions.

On the daily chart, yesterday ended with a doji star, indicating that both bulls and bears are in a stalemate. The price is currently hovering within a range without breaking out, and it is expected that this consolidation will continue for some time. The strategy should be to go long at lower levels and short at higher levels. The upper resistance to watch is around the 3700 level, while the lower support is around the 3550 level.

7.26 Short-term Strategy Reference for Ethereum:

• Long suggestion: 3760-3705, stop-loss 30 points, target below 3700.
• Short suggestion: 3520-3575, defend at 3320, stop-loss 30 points, target around 3630.

7.26 Short-term Strategy Reference for Bitcoin:

• Long suggestion: 117500-118500, defend at 120900, stop-loss 500 points, target below 117000.
• Short suggestion: 114500-115500, defend at 113000, stop-loss 500 points, target above 116500.

The levels are time-sensitive, and there may be delays in posting, so please refer to real-time market conditions. Once again, emphasize risk management; no matter how confident you are in your market predictions, always set your take-profit and stop-loss levels! If you need analysis on other cryptocurrencies, feel free to comment or message privately. If you like this, please give a thumbs up to support. For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account: (Minghui in the Cryptocurrency Circle). The first ten daily participants can receive free exit strategy advice.

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