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 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.

9.10 Ethereum (ETH) Market Analysis Reference

The Ethereum market has once again retraced to the 4270 level and rebounded. In the afternoon, it faced pressure again near 4380, and by midnight, the price returned to the 4270 support level. Overall, the price is in a narrow range of fluctuations, and as of the time of writing, it is operating around 4290, with the oscillating market still continuing.

From the short-term hourly chart, the market is in the mid-band area, with both bulls and bears alternating in strength. The upward test in the early morning did not break the resistance area, failing to push the trend out of this oscillating situation, and it faced pressure leading to a slight pullback. This indicates that the rebound over the past few days has not broken through the 4380 area, which has strong selling pressure. If there is a rebound that touches this area, there is still a risk of a pullback, so it is advised that all cryptocurrency friends pay close attention. Currently, the short-term trend remains in a consolidation pattern, so the strategy should be to short at high points and long at low points. The upper resistance is in the 4380-4430 area, while the lower support is at the 4230 level.

9.10 Ethereum Short-term Reference:

Short at 4370-4430 with a stop loss of 30 points, target below 4320,

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

There may be delays in the article's release, and the strategy suggestions are for reference only. The market changes rapidly, so regardless of how confident you are in your market judgment, always set stop-loss and take-profit levels. 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 market 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 coins. For those who are not familiar with trading, you are welcome to study and learn together.

Exclusive views, there may be delays in the article's release, and risks are to be borne by yourself. Manage your positions reasonably, and 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 from the cryptocurrency community, no plagiarism, respect originality!

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