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 advises all cryptocurrency friends to learn while trading, summarizing both gains and losses in a timely manner, deepening the understanding of risks, and planning the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

9.15 Ethereum (ETH) Market Analysis Reference

The price of Ethereum has not broken through the resistance at 4700 during the day, and the market is currently retracing and entering a consolidation phase, with the price running around 4620. From the short-term hourly chart, the Bollinger Bands are opening downwards, indicating a weak short-term trend. Therefore, it is not advisable to blindly chase the price upwards; caution is needed as the price may drop again. The focus should still be on the support at the 4530 level. If the pullback does not break below this level, the price is expected to rebound back into the previous trading range, with the range to watch being 4530-4700.

9.15 Ethereum Short-term Reference:

Short position testing at 4730-4660, stop loss at 30 points, target below 4620,

Long position testing at 4521-4471, stop loss at 30 points, target above 4580,

There may be delays in the article's release; the 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 to secure gains.

For more real-time trades daily, you can follow my public account to gain access. You can learn technical analysis online, 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. For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin in the cryptocurrency circle) for access. The first ten people each day can receive free exit strategy advice.

This is an exclusive viewpoint; there may be delays in the article's release, and risks are borne by the reader. Manage your positions reasonably and avoid heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, moving forward together. 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 diligently, 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 allowed, respect originality!

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