The essence of trading lies in the ability to find opportunities, to plan before acting, and to strategize effectively. This has always been the key to Minghui's success in the market. Many people fail due to chaotic operations, lack of planning, and no strategy. Most losses occur from locking positions, holding onto trades, and not using stop-losses. The root cause is often a lack of skills and ideas, blindly trusting others' trades, following the wrong orders, and having a poor mindset, leading to small gains and large losses. The saying "think thrice before acting" holds true; only well-considered entry points should be taken. Aggressive points can leave traders in a dilemma, either catching the highest or lowest points, with significant price differences. If one is reluctant to take a loss, they can only endure. Stable points allow for profitable exits or the option to withdraw.

7.21 Cryptocurrency Market Analysis by Minghui: Ethereum (ETH) Strategy Reference

Ethereum has faced resistance around 2825 and is currently trading near 3735. The market correction is entering a phase of repair and consolidation, but short-term support is continuously rising, and the upper Bollinger Bands on the short cycle are opening. If it stabilizes around the 2800 line, there is potential for further upward movement.

The daily chart has shown consecutive bullish candles for several days, forming a strong upward trend. On July 20, a long upper shadow appeared, indicating short-term profit-taking pressure. After reaching a high of 3824.56, the hourly chart has retraced, forming a short-term double top structure, with significant resistance in the 3750-3770 range. The MACD daily DIF (282.94) is flattening at a high level, while the hourly DIF (39.85) has crossed below the DEA. The EMA on the daily chart is in a bullish arrangement (7>30>120), indicating a short-term need for a pullback. The space for movement is limited, and the overall trend is not strongly bullish. It is recommended to focus on buying during pullbacks, with support levels to watch at 3680-3700.

For more real-time trading strategies, online technical learning, and exit strategies, you can add the mentor's WeChat: BTC5222890. The first ten participants each day can receive free exit strategies.

7.21 Short-term Strategy Reference for Ethereum:

• Buy suggestion at 3820-3885, stop-loss at 30 points, target below 3750.
• Buy suggestion at 3710-3655, defend at 3420, stop-loss at 30 points, target near 3750.

7.21 Short-term Strategy Reference for Bitcoin:

• Buy suggestion at 120000-119000, defend at 121900, stop-loss at 500 points, target below 118500.
• Buy suggestion at 117000-116000, defend at 114500, stop-loss at 500 points, target above 118000.

The points are time-sensitive, and there may be delays in posting, so please refer to real-time market conditions. Again, it is emphasized to manage risk well; regardless of how confident you are in your market predictions, always set your take-profit and stop-loss levels! If you need analysis on other cryptocurrencies, feel free to comment or message privately. If you like this content, please give a thumbs up to support more real-time trading strategies, online technical learning, and exit strategies. You can add the mentor's WeChat: BTC5222890. The first ten participants each day can receive free exit strategies.

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