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 increase the win rate. At the same time, investing is also a process of growth. Mr. Coin suggests that all cryptocurrency friends 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.

10.30 Ethereum (ETH) Market Analysis Reference

Ethereum opened lower again today, with the intraday low touching around 3835 before rebounding. The current price is around 3945, and the short-term rebound is gradually weakening. The price has faced multiple resistances around 3950, and the overall trend still leans towards a downward direction. If it breaks below 3900 again, the price is expected to further approach the 3800 level, with resistance above focusing on the 3960-4000 area.

In the context of three consecutive daily bearish closes, the 4-hour chart shows key technical signals: after probing the bottom at 3840, the price formed a long lower shadow and quickly rebounded, indicating strong buying support below 3900, and it has not broken the previous low, forming a descending triangle consolidation pattern with recent highs. From a technical indicator perspective, the 4-hour MACD's DIF and DEA maintain a death cross below the zero axis, but the green bars have shortened, indicating a potential corrective rebound in the short term, with downward momentum temporarily weakening. At the same time, the current price continues to be constrained below EMA7 (3978) and EMA30 (4019), and the overall moving average bearish arrangement remains evident. The intraday rebound has not stabilized above 4000, and there is a trend of continued short-term correction. It is recommended to focus on short positions during the rebound.

10.30 Ethereum Short-term Reference:

Short test at 3985-4030 for light shorts, stop loss 30 points, target below 3900.

Long test at 3761-3811 for longs, stop loss 30 points, target above 3860.

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 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. 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.

Exclusive views, there may be a delay in sending the article, risks are self-borne, manage 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 current 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, no plagiarism, respect originality!

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