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 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 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.

9.12 Ethereum (ETH) Market Analysis Reference

Ethereum's price saw a significant increase yesterday, reaching close to the 4481 level at its peak. Although there was a pullback of over a hundred points in the evening, the overall pattern in the Ethereum market has not changed. After a pullback to the 4300 level during the day, it rebounded again, and the price has now recovered all losses, breaking through yesterday's high resistance. In the short term, the bulls are making another upward push, with a focus on the 4500 resistance level. If it breaks and stabilizes above this level, the price is expected to move further upward; otherwise, it will continue to experience wide fluctuations within the range.

The daily chart shows five consecutive bullish candles, indicating strong bullish sentiment. As long as the rebound does not break through the 4500 level during the day, it is expected to pull back to the support below. The recent consolidation in the Ethereum range is evident, so it is recommended to trade in line with the trend. Short-term support is at the 4280 level, and if there is a pullback, consider entering long positions. The upper resistance is around 4500.

9.12 Ethereum Short-term Reference:

Short position testing at 4450-4530, stop loss at 30 points, target below 4420,

Long position testing at 4221-4271, stop loss at 30 points, target above 4330,

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 judgments, it is essential to manage take-profit and stop-loss levels properly. 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 strategy advice.

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 cryptocurrencies. For those who are unsure about trading, you are welcome to study and learn together.

Exclusive views, there may be delays in article posting, 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 from the cryptocurrency community, no plagiarism, respect originality!

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