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 come 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 signals, and having a poor mindset, resulting in 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, leading to significant price differences. If one is reluctant to take a loss, they can only endure. Stable entry points allow for profit-taking or withdrawal.

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

Although Ethereum rebounded yesterday, the upward momentum weakened afterward, and the market did not stabilize for another attack. The price refreshed its high during the evening, then faced resistance around 3860, pulling back to support near 3720. Currently, the price is around 3755. Despite a nearly 100-point pullback, the overall upward trend remains unchanged, and the market has continued to reach new highs recently, so the suggestion is still to follow the trend with long positions.

On the short-term hourly chart, the Bollinger Bands are opening, and the price is slowly testing upward. Although the current upward movement is not strong, there is a short-term repair rhythm. If it can break and stabilize above 2800, the market is expected to test new highs for the day. The 4-hour chart recently showed a long upper shadow (07/21 20:00 high of 3860, closing at 3810), indicating strong resistance in the 3800-3860 range. After three consecutive days of bullish closes, a high-position doji appeared (07/21 daily candle with a body of only 4.7 points), intensifying the tug-of-war between bulls and bears. MACD: The 4-hour DIF (107) crossed below the DEA (118), and the daily MACD histogram (176) began to shrink. EMA: The price fell below the 4-hour EMA7 (3761.9) but remained above the EMA30 (3595.8). The daily EMA7 (3524) and EMA30 (2981) maintain a bullish arrangement. The overall trend is currently a wide-ranging oscillation pattern, with the intraday strategy leaning towards pullback longs.

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 followers can receive free exit strategies.

7.22 Short-term Strategy Reference for Ethereum:

• Long suggestion: 3820-3885, stop-loss 30 points, target below 3750.
• Short suggestion: 3710-3655, defend at 3420, stop-loss 30 points, target around 3750.

7.22 Short-term Strategy Reference for Bitcoin:

• Long suggestion: 120000-119000, defend at 121900, stop-loss 500 points, target below 118500.
• Short suggestion: 115500-116500, defend at 114000, stop-loss 500 points, target above 117500.

The points are time-sensitive, and there may be delays in posting, so please refer to real-time market conditions. Again, it is emphasized to manage risk well; no matter how confident you are in your future market judgment, always set your take-profit and stop-loss! If you need analysis on other cryptocurrencies, feel free to comment or message privately. Friends who like this can support by liking. 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 followers can receive free exit strategies.

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。