Cryptocurrency trading is a long-term plan; it does not happen overnight, so one should not be too anxious. Even if there are short-term losses, there is nothing to be afraid of. As long as the subsequent direction is chosen correctly, what has passed will eventually return. However, it is important to grasp the timing of trades and the current market trends; this will increase the win rate. At the same time, investment is also a process of growth. Mr. Coin advises all fellow cryptocurrency enthusiasts to learn while trading, and to timely summarize both gains and losses, deepening awareness of risks and planning the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

2.23 Cryptocurrency Mr. Coin: Ethereum (ETH) Market Analysis Reference

Ethereum continues to consolidate during the day, with the daily trend not breaking through the critical resistance of 2000 above. The current price has retraced to around 1950. The short-term low point is around 1940, while the focus should be on the strength of support near the previous low of 1900. If this is broken, the price is expected to continue testing downwards,

The short-term trend maintains a weak fluctuation. In the short-term hourly chart, the market is under pressure showing a retracement, with slow morning gains being reversed, and the downside space opening up, indicating a possibility of further decline. Therefore, a cautious approach prioritizing rebound short positions is recommended. Watch for resistance around the 2000 mark above, and break points around the 1900 mark below.

2.23 Short-term Reference for Ethereum:
Short positions to focus on the 2000-2050 range, with protective measures at 2180, targeting below 1950,

Long positions to focus on the 1860-1910 range, with a stop loss of 50 points, targeting above 1950,

Chapter postings may be delayed, strategy recommendations are for reference only. The market changes rapidly; regardless of how confident one is in market judgments, stop-loss measures must be in place, securing profits as a priority.

For more real-time trading strategies every day, online technical learning, and ways to exit, you can follow the mentor's official account (Mr. Coin Talks Coins) to learn how to add: The first ten each day can receive free strategy provision for out-of-position trading.

For more real-time strategies daily, follow the official account (Mr. Coin Talks Coins) to obtain insights, and engage in online market technical learning and exits. I have been studying the market for many years, researching the major trends in the cryptocurrency space, and have studied extensively in the U.S., providing analysis and guidance on BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, etc. I welcome fellow cryptocurrency enthusiasts who do not know how to operate to research and learn together.

The content of this article is exclusively shared by Mr. Coin in the cryptocurrency space and represents only Mr. Coin's unique viewpoint. Article postings may be delayed, risks are self-assumed, and trade positions must be reasonably controlled, avoiding heavy or fully loaded operations.Mr. Coin wishes all fans the realization of financial freedom, moving forward together with effort, grasping a measure of understanding in the depths of time. One must learn to be optimistic in investing. Do not let your future self dislike your present self. We live authentically, but not every data disclosure needs to dissect intensely. Let what is in the past stay in the past, and let the future come quickly! Take good care of yourself, prepare to embark at any moment, and go for it!

—— This article is written by Mr. Coin in the cryptocurrency space, rejecting plagiarism and respecting originality!

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