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 increase 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 profits 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.

10.12 Ethereum (ETH) Market Analysis Reference

Ethereum's trend is linked to the overall market, and it has significantly dropped below multiple support levels during the day, currently trading around the 3750 position. After the sharp drop, the short-term trend is weak, and the lower gap on the hourly chart has opened. The upper resistance is moving downwards. If there is a rebound during the day that does not break and stabilize above the 3960-4000 position, then the price may continue to decline or maintain a weak oscillation. Mr. Coin hopes that everyone will control risks well when entering trades. The current trend is also showing a downward oscillation, with key resistance above at 3960-4000 and support below at the 2600 area. If the price breaks below, a further decline is expected. It is recommended to take light long positions at low levels and light short positions near the rebound resistance.

10.12 Short-term Reference for Ethereum:

Light short positions at 3960-3900, stop loss 30 points, target below 3850,

Light long positions at 3581-3631, stop loss 30 points, target above 3700,

There may be a delay in sending the article, and the strategy suggestions are for reference only. The market changes rapidly, and no matter how high the confidence in market judgment is, stop-loss and take-profit must be well managed. 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 circle) for the addition method: the first ten each day can receive free exit strategies.

For more real-time trades daily, 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 circle, and have studied in the U.S. multiple times, mainly analyzing and guiding BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other coins. For those who are not familiar with trading, you are welcome to study and learn together.

Exclusive opinions, there may be a delay in sending the article, risks are self-borne, and it is important to control positions reasonably when trading. Do not operate with heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, to move forward together and cheer each other on. 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 in the cryptocurrency circle, no plagiarism, respect originality!

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