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 suggests that all cryptocurrency friends learn while trading, summarizing both gains and losses in a timely manner to deepen their understanding of risks and to plan the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

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

The market continues to maintain a weak oscillation, with two rebounds during the day being pressured around 2560 and currently running near the price of 2550. Although it is close to the resistance level in the short term, the subsequent rebound is not strong, and there is a possibility of a pullback. Therefore, it is not recommended to blindly chase long positions, as this could lead to unnecessary losses if the market reverses.

From the short-term hourly chart, the Bollinger Bands are narrowing downwards, with the price running in the middle-lower track area. The low touched around 2505 and rebounded, with the coin price approaching the middle line. The rebound still lacks strength. In the auxiliary indicators, the MACD lines are tending to be parallel with signs of a golden cross, and the RSI is turning upwards. This indicates that there is a possibility of a short-term rebound, with resistance to watch at 2591. We recommend a cautious approach, primarily focusing on shorting at high positions.

Mr. Coin's public account: For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin in the cryptocurrency circle) to get the addition method: the first ten each day can receive free exit strategies.

6.16 Short-term Reference for Ethereum:

Lower test entry points 2645-2585, with a stop loss at 2800, stop loss: 50, target below 2530,

Upper test entry points 2405-2355, stop loss 30 points, target above 2480,

There may be delays in article delivery, and strategy suggestions are for reference only. The market changes rapidly, and regardless of how high your judgment of the market is, always set stop-loss and take-profit levels to secure your gains.

For more real-time trades, you can follow my public account for online technical learning, exit strategies, etc. I have studied the market for many years, focusing on the major trends in the cryptocurrency circle, and have studied extensively in the U.S. to analyze and guide BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who are not familiar with trading, you are welcome to study and learn together.

Exclusive opinions, there may be delays in article delivery, risks are self-borne, and it is important to control positions 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 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, prepare well, and be ready to set off at any time. Keep it up!

—— This article is written by Mr. Coin in the cryptocurrency circle, refusing to plagiarize and respecting 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。