Mr. Coin in the Crypto Circle: On October 14, Ethereum tested the upper resistance during the rebound. A pullback is an opportunity. Here is the latest market analysis for Ethereum (ETH) today, along with operational reference ideas.

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7 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 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 their understanding of risks, and planning the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

10.14 Ethereum (ETH) Market Analysis Reference

Ethereum's intraday price retraced to 4042, showing a strong rebound, reaching around 4298 in the early hours of today. The short-term upward movement has been hindered, and the price has broken the 4230 resistance during the day. Currently, the trend is adjusting and entering a consolidation phase, with the possibility of further downward pressure. Therefore, it is not recommended to blindly chase long positions at high levels before a retracement.

Hourly Level: Recently, a long bearish candle with a long upper shadow (4263.38→4146.12) has appeared, indicating strong selling pressure above 4200. The previous low of 4042.29 and the round number of 4000 form key support. Daily Level: After the long bullish candle on October 12 (3694.74→4197.7), there have been two consecutive days of high-level fluctuations, forming a "sharp rise + consolidation" combination, which requires caution regarding the risk of a pullback. MACD: The 4-hour level shows that the DIF and DEA have flattened after a golden cross below the zero axis (-2.08/-50.08), while the daily level continues to show a death cross (-55.27/-27.97), indicating a short-term rebound but still leaning bearish in the medium term. EMA: The price has broken below the daily EMA120 (4264.23), with the 4-hour EMA7 (4155.22) and EMA30 (4129.63) forming a short-term support zone, while the 30-day moving average (4120.33) serves as a key boundary between bullish and bearish. It is recommended to operate with light positions, taking advantage of the range for profits.

10.14 Ethereum Short-term Reference:

Short sell lightly at 4230-4280, stop loss 30 points, target below 4150,

Long buy at 4081-4031, stop loss 30 points, target above 4120,

There may be a delay in sending the article, and the 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 effectively. For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for access. The first ten daily followers 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., primarily analyzing and guiding 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 a delay in sending the article, risks are self-borne, and it is important to manage positions reasonably. 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, prepare well, and be ready to set off at any time. Let's go!

—— This article is written by Mr. Coin from the cryptocurrency community, refusing to plagiarize and respecting originality!

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