Cryptocurrency trading is a long-term plan; it is not about achieving results overnight, so one should not be overly anxious. 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 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.
6.29 Mr. Coin's Analysis of Ethereum (ETH) Market Trends
Ethereum's intraday market maintains a weak oscillation, with a rebound occurring near the low level around 2400. It has faced resistance twice around 2450, and the current price is near 2430. The overall oscillation pattern has not changed, but the strength of the short-term pullback has weakened. Subsequently, bullish sentiment is beginning to improve, but short-term signals indicate a pullback, and it is expected that the price will further test downward. I hope all cryptocurrency friends are prepared in advance; it is not recommended to blindly chase long positions in the short term.
The overall trend of Ethereum maintains a narrow oscillation, with strong resistance around 2460. There is a possibility of a pullback if it touches this level again, so please pay close attention. Support is noted at the 2480 level.
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.
6.29 Short-term Reference for Ethereum:
Lower test entry points at 2455-2505, with a stop-loss at 2650, and a stop-loss of 50, targeting below 2410.
Upper test entry points at 2325-2375, with a stop-loss of 30 points, targeting above 2400.
There may be delays in article delivery; 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.
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 cryptocurrency, and have studied extensively in the U.S. focusing on analyzing BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other cryptocurrencies. I welcome those who are not familiar with trading to study and learn together.
Every day, 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 delivery, and risks are borne by the individual. Manage your positions reasonably; do not operate with 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. Let's go!
—— This article is written by Mr. Coin, and we refuse to plagiarize; we respect originality!
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