Cryptocurrency trading is a long-term plan, not something that can be achieved overnight, so one should not be too hasty. Even if there are losses in the short term, 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.

6.22 Mr. Coin's Analysis of Ethereum (ETH) Market Trends

Ethereum has also maintained a weak oscillation during the day, rebounding to around 2450 and facing pressure. The short-term trend has begun to lean downward. As mentioned in yesterday's article, one should be cautious of prices dropping again, and the strategy is to short in line with the trend. The intraday pullback has continued as expected, and as of the time of writing, it has fallen below the 2400 line, further moving towards the 2300 position. The downward trend continues, and the current price is running around 2385. Overall, the rebound is weak, and one should still be cautious of prices breaking down again towards the 2300 support line.

Looking at the short-term 4-hour chart, the mid-band resistance has dropped to the 2480 line. If the price makes a strong rebound and breaks through this area during the day, the downward trend will temporarily slow down. Conversely, the downward trend will continue, so be prepared for prices to drop again during the day. The oscillating downward trend suggests that one should short in line with the trend. The upper resistance to watch is around 2480.

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

6.22 Short-term Reference for Ethereum:

Lower test entry point 2505-2475, stop loss at 2700, stop loss: 50, target below 2450,

Upper test entry point 2305-2355, stop loss 30 points, target above 2400,

There may be delays in article delivery, and strategy suggestions are for reference only. The market changes rapidly, and no matter how high your judgment of the market is, always set stop-loss and take-profit levels to secure your gains.

For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for ways to add: the first ten 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. 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.

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

—— This article is written by Mr. Coin, and we refuse to plagiarize and respect originality!

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