The cryptocurrency trading circle 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 advises all cryptocurrency friends to learn while operating, 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.

10.9 Ethereum (ETH) Market Analysis Reference

Ethereum also experienced a pullback and a slight rebound in the morning, with the price breaking and stabilizing above the short-term resistance of 4500, currently around the 4530 position. Looking at the short-term hourly chart, bullish sentiment has slightly warmed, but the mid-band resistance has not been broken, and the price is close to the resistance level. Cautious friends can pay attention to the 4560-4600 resistance situation when considering entering short positions. The key resistance above is at the 4560-4620 level. If the rebound strength weakens and fails to break and stabilize in this area, it is expected that the price will retrace, and it is anticipated that the price will decline again, so please prepare in advance.

10.9 Ethereum Short-term Reference:

Test the 4560-4620 for light shorts, stop loss at 30 points, target below 4500,

Test the position at 4381-4431 for longs, stop loss at 30 points, target above 4580,

There may be delays in the article's release, and the strategy suggestions are for reference only. The market changes rapidly, and no matter how high the confidence in market judgment is, always set stop-loss and take-profit levels. For more real-time trading strategies and online technical learning, follow the mentor's public account (Mr. Coin) for addition methods: the first ten each day can receive free strategies for resolving positions.

For more real-time trades daily, you can follow my public account for online market technical learning, resolving positions, etc. I have researched the market for many years, studying the major trends in the cryptocurrency circle, and have studied in the U.S. multiple times, mainly analyzing and guiding 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, 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 cheer each other on. In the depths of time, hold onto understanding lightly. 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 circle, no plagiarism, respect originality!

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