Coin Circle Minghui: On July 28, Ethereum strongly broke through to a new high, while Bitcoin continued its upward fluctuations. Today's latest market analysis reference for Ethereum (ETH), including operational reference ideas for Bitcoin.

CN
13 hours ago

The essence of trading lies in the ability to find opportunities, to plan before acting, and to strategize effectively. This has always been the key to Minghui's success in the market. Many people fail due to chaotic operations, lack of planning, and no strategy. Most losses occur from locking positions, holding onto trades, and not using stop-losses. The root cause is often a lack of skills and ideas, blindly trusting others' trades, following the wrong orders, and having a poor mindset, resulting in small gains and large losses. The saying "think thrice before acting" holds true; only well-considered entry points should be taken. Aggressive points can leave traders in a dilemma, either catching the highest or lowest points, leading to significant price differences. If one is reluctant to take a loss, they can only endure. Stable points allow for profitable exits or graceful withdrawals.

7.28 Cryptocurrency Market Analysis by Minghui: Ethereum (ETH) Strategy Reference

Ethereum continued its upward oscillation yesterday, with the price fluctuating at high levels during the day. It broke the 2800 line and moved towards the 3800 line, which has not been broken. The market is operating above the 3800 area, with overall bullish sentiment.

On the 4-hour chart, there has been a series of bullish candles breaking through the 3800 level, peaking at 3868 before a slight pullback, forming a short-term high-level oscillation. MACD: The 4-hour DIF and DEA lines have crossed above the zero axis, but the MACD histogram is starting to shrink. The daily chart maintains a bullish arrangement, but the histogram is flattening, so caution is needed for potential top divergence. EMA: The 4-hour EMA7 (3800) has crossed above EMA30 (3724), forming a bullish arrangement. The daily EMA7 (3709) and EMA30 (3229) continue to widen, and the weekly EMA7 (2805) is firmly above EMA30 (2566). The market is once again in a consolidation phase, leaning towards an upward trend, with support slowly moving up. If the price can break through the 3900 level, the upward momentum is expected to continue. The operational suggestion is to focus on long positions, with support levels to watch at 3800-3760.

For more real-time trading strategies, online technical learning, and exit strategies, please follow the mentor's public account: (Cryptocurrency Market Minghui). The top ten each day can receive free exit strategies.

7.28 Short-term Strategy Reference for Ethereum:

Long suggestion at 3860-3920, stop-loss at 30 points, target below 3810.

Short suggestion at 3720-3775, defend at 3600, stop-loss at 30 points, target near 3820.

7.28 Short Message Strategy Reference for Bitcoin:

Long suggestion at 120500-121500, defend at 122900, stop-loss at 500 points, target below 119500.

Short suggestion at 116500-117500, defend at 113500, stop-loss at 500 points, target above 118000.

The points are time-sensitive, and there may be delays in posting, so please refer to real-time market conditions. Again, emphasize good risk control; no matter how confident you are in your future market predictions, always set your take-profit and stop-loss levels! If you need analysis on other cryptocurrencies, feel free to comment or message privately. Friends who like this, please give more likes and support for more real-time trading strategies, online technical learning, and exit strategies by following the mentor's public account: (Cryptocurrency Market Minghui). The top ten each day can receive free exit strategies.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

冲榜 Bitget KCGI 抢600万美金!注册立返10%,赢6200U
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink