Trading in the crypto market is a long-term plan, not something that can be achieved in a day. Therefore, one should not act too hastily; short-term losses are not frightening. 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 fellow traders operate while learning, and summarize their gains and losses in a timely manner to deepen their understanding of risks and to plan a correct mindset, which will help them to reasonably avoid risks and become qualified investors.

3.24 Mr. Coin's Analysis of Ethereum (ETH) Market

Today, Ethereum has made a strong rebound, which indeed looks impressive. However, looking closely at the key resistance level of 2200, it has not broken through. The price is now under pressure and has pulled back, running around 2160. This position is quite awkward, neither up nor down. Before breaking through 3200, the upper space has not been opened further, and there is still a psychological barrier and technical selling pressure above. Simply chasing in could easily leave one stranded halfway up. Pay attention to the pressure on the price during the pullback,

Looking at the short term, we are indeed in a consolidation phase. But there is a good phenomenon—support is gradually moving up, and buying power from below is increasing. The short-term trend has not changed; the price has firmly stood above EMA7, currently running above 2122, while EMA30's 2130 has also been broken through. Short to medium-term moving averages have formed a bullish arrangement, providing a strong foundation for the intraday trend. In the current market, 2100 is the defensive bottom line for bulls. As long as the price can stabilize this area and not effectively break down, the next target is to test the previous high of 2200. The operating suggestion for today is to focus on pullbacks and follow through on breakouts. For support below, first look around 2100, which is the lifeline for bulls. If 2100 cannot be held, then check 2070 as the secondary support. Attention should be paid to the resistance around 2200 above, which is a hurdle for short term. In operation, wait for the pullback to near the support level before entering, do not chase the rise. If the price can break through 2200 with volume and stabilize, then one can follow the trend with light positions. Follow Mr. Coin for real-time market rhythm.

3.24 Short-term Reference for Ethereum:

Range 2245-2295 for long, defend at 2580, target below 2200,

Range 2110-2060 for long, stop loss at 50 points, target above 2160,

Discussions have delays, strategy suggestions are for reference only, the market changes rapidly, regardless of how high your judgment is on the market, always manage your stop-loss and take-profit adequately, securing your gains.

For more real-time trading strategies daily, online technical learning, and strategies for exiting positions, you can follow my public account (Mr. Coin Talks Crypto) for the addition method: the top ten each day can receive free strategies for exiting positions,

For more real-time trades daily, follow my public account (Mr. Coin Talks Crypto) to access, which offers online technical learning, exiting positions, etc. I have researched the market for many years and studied the major trends in the crypto world, receiving education in the U.S. focused on analyzing BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other currencies. For those who are unsure about trading, you are welcome to study and learn together,

This article is exclusively written and shared by Mr. Coin, representing only his views. Articles may have delays, and risks are self-managed. Properly control your positions while trading; do not operate with heavy or full margins. Mr. Coin wishes all fans to achieve financial freedom, to progress together and cheer each other on. In the depths of time, hold onto an understanding, and always maintain optimism in investing. Do not let your future self hate your present self. We are living real lives, but do not take every unveiled data too seriously. Let the past be the past, and let the future come swiftly! Rest well, sharpen your skills, and be ready to set off at any moment. Let's go!

——This article is written by Mr. Coin, plagiarism is denied, and original work is respected!

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