Coin Circle Minghui: Latest market analysis reference for Ethereum (ETH) on July 4, including Bitcoin operation reference ideas.

CN
9 hours ago

The essence of trading lies in the ability to find opportunities, to plan before acting, and to strategize effectively. This has been the key to Minghui's consistent success in the market. Many people fail due to chaotic operations, lack of planning, and no strategy. Most losses stem from locking positions, holding onto trades, and not using stop-losses. The root cause is often a lack of skills, poor mindset, and blindly following others' trades, leading to wrong entries and multiple followings. This results in small profits 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, whether to catch the highest or lowest points, leading to significant price differences. If one is reluctant to take a loss, they can only endure. Stable entry points allow for profitable exits or the option to withdraw.

7.4 Minghui in the Crypto Circle: Ethereum (ETH) Market Strategy Analysis Reference

As mentioned yesterday, Ethereum is in a state of recovering from a pullback, and there is still a possibility of a breakout rally. The current trend is running as expected, with the high already approaching the 2635 level. The daily chart shows two consecutive bullish candles, indicating strong bullish sentiment. We should try to operate in line with the trend during the day. If the price breaks above the 2650 level, the market is expected to further test the 2700 mark. I hope everyone is prepared. If it breaks, consider entering long positions with light positions. The support below is around the 2550 level, and the resistance above is at 2650. Overall, the operation suggests high short and low long within the range.

For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account: (Minghui in the Crypto Circle). The top ten each day can receive free exit strategies.

7.4 Short-term Strategy Reference for Ethereum:

  • For the first suggestion: 2605-2665, with a stop-loss at 2780, stop-loss of 30 points, target below 2560.

  • For the second suggestion: 2480-2530, with a stop-loss at 2350, stop-loss of 30 points, target around 2580.

7.4 Short Message Strategy Reference for Bitcoin:

  • For the first suggestion: 109800-110800, with a stop-loss at 112500, stop-loss of 500 points, target below 109000.

  • For the second suggestion: 107500-108500, with a stop-loss at 104550, stop-loss of 500 points, target above 108200.

The points are time-sensitive, and there may be delays in posting, so please refer to real-time market conditions. Again, I emphasize the importance of risk control. No matter how confident you are in your future market predictions, always manage your take-profit and stop-loss effectively! If you need analysis on other cryptocurrencies, feel free to comment or message privately. If you like this, please give a thumbs up for support. For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account: (Minghui in the Crypto Circle). The top ten each day can receive free exit strategies.

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