Cryptocurrency trading 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 advises all cryptocurrency friends to learn while trading, summarizing both gains 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.

9.18 Ethereum (ETH) Market Analysis Reference

Ethereum is also affected by news, and the market has experienced a sharp drop. After breaking below the support level of 4430, it has tested this level multiple times without breaking it, indicating strong support in this area. The current price has rebounded near the 4530 position, and the trend is in a correction phase entering a consolidation stage. However, due to the strong price fluctuations in the recent short term, all cryptocurrency friends should seize profits in a timely manner to avoid unnecessary losses.

From the short-term hourly chart, the Bollinger Bands are running smoothly with the daily trend and are gradually narrowing. The short-term bulls and bears are alternating in strength, and there are currently no obvious signs of a breakout. It is expected that the oscillating market will continue for a while, so everyone should think in terms of high shorts and low longs. Support below is around 4430, while resistance above is around 4560-4630. For a more conservative approach, one can wait for a breakout and stabilization before considering low longs, while high shorts can be followed to capture short-term profits.

9.18 Ethereum Short-term Reference:

Short on 4630-4560 lightly, stop loss 30 points, target below 4500,

Long on 4401-4451, stop loss 30 points, target above 4500,

There may be a delay in sending the article, and the strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident one is in market judgment, stop-loss and take-profit measures must be in place to secure profits.

For more real-time trades daily, you can follow my public account to gain insights. You can learn technical analysis online, 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 coins. For those who are unsure about trading, you are welcome to study and learn together. For more real-time trading strategies and online technical learning, you can follow my mentor's public account (Mr. Coin in the cryptocurrency circle) to get the addition method: the first ten people each day can receive free exit strategy advice.

This is an exclusive opinion. There may be a delay in sending the article, and risks are to be borne by oneself. Manage your positions reasonably and avoid 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, sharpen your skills, and be ready to set off at any time. Keep it up!

—— This article is written by Mr. Coin in the cryptocurrency circle, no plagiarism allowed, 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。