Mr. Coin in the crypto circle: 9.9 opening pullback support. Can it stabilize and rise during the day? Today's latest market analysis reference for Ethereum (ETH), including operational reference ideas.

CN
15 hours ago

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 increase 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 profits 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.

9.9 Ethereum (ETH) Market Analysis Reference

The price has repeatedly tested the 4280 level during the day, showing a rebound, with the coin price fluctuating around 4300. Short-term upward movement has been hindered, and the price has failed multiple times to break the previous resistance at 4380. The trend has adjusted into a low-level consolidation, and there is still a possibility of further downward pressure. Therefore, it is not recommended to blindly chase long positions in all operations.

Ethereum has entered a state of short-term fluctuation, with both bulls and bears in a stalemate. However, the overall direction for the day is still leaning downward. If the market continues to maintain a range consolidation, once the upper resistance moves down, there is a risk of a breakout downward. Cryptocurrency friends are advised to prepare in advance. The upper resistance to watch is around 4385, followed by 4430. The lower support to watch is 4230, with a break below focusing on 4200. In terms of operations, it is recommended to go long on pullbacks and to short lightly on rebounds.

9.8 Ethereum Short-term Reference:

Short on light positions at 4370-4430, with a stop loss of 30 points and a target below 4320.

Long on positions at 4250-4201, with a stop loss of 30 points and a target above 4300.

There may be delays in article posting, and strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident one is in market judgment, it is essential to manage take-profit and stop-loss levels properly. For more real-time trading strategies and online technical learning, as well as ways to exit positions, 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 strategies for exiting positions.

For more real-time trades, you can follow my public account to access online market technical learning, exit strategies, etc. I have researched the market for many years, studying the major trends in the cryptocurrency circle, 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 views, with article posting delays, risks are self-borne. Manage positions reasonably and avoid 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 in the cryptocurrency circle, no plagiarism, respect originality!

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合约新手抽ETH,中奖率极高
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