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 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, summarizing both profits 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.
6.30 Cryptocurrency Mr. Coin: Ethereum (ETH) Market Analysis Reference
Ethereum saw a slight upward movement in the evening, with prices testing the middle Bollinger Band resistance. Unfortunately, it did not break through as expected, and the market instead faced pressure, entering a high-level consolidation. As of today, the market remains in a range-bound pattern, with resistance still around the 2460 level. It is not advisable to blindly chase the market; caution is advised as the market may face pressure and fall back again.
Looking at the short-term hourly chart, although the market has rebounded after a pullback, the upper Bollinger Band gap has not opened, and all moving averages are running flat. Only the MACD and Stoch indicators show an upward trend, so there is still some upward space for prices in the short term, but the momentum is not strong. If the daily Bollinger middle band cannot be effectively broken, the upper space cannot be opened, and the range-bound pattern will not be broken in the short term. The upper resistance to watch is around 2495, while the lower support is around 2380.
For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for addition methods: the first ten each day can receive free exit strategies.
6.30 Short-term Reference for Ethereum:
Lower entry point 2455-2505, stop loss at 2650, stop loss: 50, target below 2410,
Upper entry point 2325-2375, stop loss 30 points, target 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 your market judgment, always set stop-loss and take-profit levels to secure your gains.
For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for addition methods: the first ten each day 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 space, and have studied extensively in the U.S. to primarily analyze and guide BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who are unsure about trading, you are welcome to study and learn together.
Exclusive opinions, article delivery may be delayed, risks are self-borne, and it is important to control your position 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 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, prepare well, and be ready to set off at any time. Let's go!
—— This article is written by Mr. Coin, refusing plagiarism and respecting originality!
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