The cryptocurrency trading market 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 trading, summarizing both profits and losses in a timely manner, deepening their understanding of risks, and planning the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

7.2 Mr. Coin's Analysis Reference for Ethereum (ETH) Market

Yesterday, Ethereum also faced multiple rejections at the 2520 level, and the bullish sentiment weakened in the later market. The price fell below 2450 during the day, reaching a low of 2400. Currently, the price is running around 2420, showing a relatively weak overall trend. The 2400 level serves as the last line of defense.

From the short-term hourly chart, the Bollinger Bands are opening downwards, and the 4-hour candlestick chart is currently showing multiple consecutive bearish candles, indicating that the market is in a correction phase. However, the price has shown a slight rebound at the 2400 level, temporarily alleviating the downward trend. Currently, both bulls and bears are in a stalemate around the 2420 level. If the 2400 level is broken during the day, and the price remains below 2400, it is expected that the downward space will further open up in the short term, and the weak market will continue. Therefore, all operations should maintain a strategy of high short and low long. The upper resistance is at 2460, and the lower support to watch is at 2380.

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.

7.2 Short-term Reference for Ethereum:

Lower entry point 2450-2505, with a stop loss at 2650, stop loss: 50, target below 2410,

Upper entry point 2335-2375, stop loss 30 points, target above 2400,

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 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 the cryptocurrency space, and have studied extensively in the U.S. focusing on analyzing BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other cryptocurrencies. I welcome all cryptocurrency friends who are unsure about trading to study and learn together.

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 views, there may be delays in article delivery, risks are self-borne, and it is important to manage 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, and we refuse to plagiarize and respect originality!

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。