Cryptocurrency trading is a long-term plan; it is not about immediate results, 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 should learn while trading, summarizing both profits and losses in a timely manner to deepen their understanding of risks and to plan a correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

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

The market for Ethereum is also quite tense today, with the price repeatedly testing the 2490 level and showing a rebound. However, the subsequent bullish supply was insufficient, and the upward trend in the evening could not be sustained. Currently, it is under pressure around the 2523 level, showing a pullback, with a weak short-term trend.

Looking at the hourly chart, a short-term support has formed around 2480 at the 4-hour level, with 2546 being the daily high. The rebound today did not break through the previous high of 2546. There is a clear fluctuation in the 2485-24540 range. The daily chart has recorded three consecutive days with long lower shadows, and there is fierce competition between bulls and bears in the 2465-2548 range, with 2480 becoming a key short-term support. MACD: The 4-hour level shows that the DIF and DEA are sticking together below the zero axis, and the MACD histogram has turned red but lacks volume. After the death cross at the daily level, the difference has narrowed to -50. EMA: The 4-hour EMA7 (2515) is basically overlapping with the price, while EMA30 (2543) is forming resistance. The daily EMA120 (2384) serves as long-term trend support. It is expected that the short-term fluctuation will continue, and the strategy suggests focusing on short positions during rebounds, with resistance to watch around 2560 and support to watch around 2460.

For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for access. The first ten people each day can receive free exit strategies.

6.20 Short-term Reference for Ethereum:

Lower test entry point 2535-2595, defend at 2700, stop loss: 50, target below 2500,

Upper test entry point 2405-2455, stop loss 30 points, target above 2500,

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

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) for access. The first ten people each day can receive free exit strategies.

For more real-time trades, you can follow my public account for online technical learning, 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. to primarily analyze and guide BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other cryptocurrencies. For those who are unsure about trading, I welcome you to study and learn together.

Exclusive opinions, there may be delays in article delivery, risks are self-borne, and it is important to manage your position 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 pushing. 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. Let's go!

—— This article is written by Mr. Coin, plagiarism is refused, and original work is respected!

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