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 the understanding of risks, and planning the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.
To my fellow cryptocurrency traders: Remember the glory, and move forward towards the sun.
Eighty years ago, our ancestors fought against strong enemies with their flesh and blood to protect their homeland, using indomitable will to achieve the great victory of the War of Resistance Against Japan. This spirit of "not fearing difficulties and fighting to the end" is a strength engraved in the bones of our nation.
As people in the cryptocurrency world, we often face market fluctuations and industry challenges, but this resilience of "holding on to beliefs and facing difficulties" is inextricably linked to the spirit of resistance. The market has its ups and downs, but we must not lose our original intention. Just as our ancestors protected their homeland, we must also safeguard our judgment of value and our confidence in the long term.
On the occasion of the 80th anniversary of the victory in the War of Resistance, may we remember history, inherit the spirit, explore diligently on the path of compliance, respond to changes with professionalism, protect our assets, and contribute to the industry. Let us not betray the blood of our ancestors, nor the opportunities of the present, and move towards a more determined future together!
9.3 Ethereum (ETH) Market Analysis Reference
The price has once again pulled back, slightly rebounding after touching the low of 4257. The short-term trend still maintains a weak oscillation. The gains from yesterday have started to slowly retract, but as long as the short-term key support at 4230 is not broken, the oscillation pattern will not change.
On the 4-hour level, there have been consecutive long upper shadows (such as 4337.4/4332.2), indicating strong selling pressure above 4350. The daily line has formed the shape of "three crows" (from 8/31 to 9/2), but after testing the 4250 support on 9/3, it rebounded, and the bearish momentum weakened. MACD: The 4-hour level DIF and DEA have crossed below the zero axis for the second time (-39.67/-32.72), but the daily level still maintains a golden cross (83.09/145.88). EMA: The price has fallen below all short-term moving averages (7/30/120 EMA), with the 7 EMA (4319) and 30 EMA (4389) forming a death cross, and the 120 EMA (4377) turning into resistance. Therefore, Mr. Coin suggests that the main strategy should be to short on rebounds, with long positions on pullbacks as a supplement. The support below is at 4230, and the resistance above is at 4420.
9.3 Ethereum Short-term Reference:
Short on light positions at 4450-4400, stop loss at 30 points, target below 4350.
Long on positions at 4250-4201, stop loss at 30 points, target above 4300.
There may be delays in sending articles, and the strategy suggestions are for reference only. The market changes rapidly, and no matter how high the judgment of the market is, it is essential to manage take-profit and stop-loss effectively to secure gains.
For more real-time trades daily, you can follow my public account to get updates. You can also learn technical analysis online, exit strategies, etc. I have researched the market for many years, studying the major trends in the cryptocurrency world, and have studied in the U.S. multiple times, mainly 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. For more real-time trading strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin in the cryptocurrency world) to get the addition method: the first ten people each day can receive free exit strategy advice.
Exclusive opinions, there may be delays in sending articles, risks are self-borne, manage positions reasonably, and avoid heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, move forward together, and work hard. 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, sharpen your skills, and be ready to set off at any time. Let's go!
—— This article is written by Mr. Coin in the cryptocurrency world, no plagiarism, respect originality!
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