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 improve 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 profits 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.

10.20 Ethereum (ETH) Market Analysis Reference

Ethereum opened and rose to around 4085 during the early hours, facing resistance. The current price is around 4070, and the market is rebounding and entering a consolidation phase. Short-term support has moved up, and the upper Bollinger Bands in the short cycle are opening. If the upper resistance at 4100 is broken, there is a possibility for further gains, so it is recommended to focus on long positions. The support below is at 3930.

4-hour level: Recently, there have been consecutive bullish candles breaking through the 4000 mark, with a peak at 4083 before a slight pullback, forming a short-term high-level fluctuation. The previous low of 3906 is a key support level. 1-hour level: After a volume breakout above 4050 in the morning, it confirmed with a pullback, currently forming a narrow consolidation range between the high of 4083 and the low of 4053. MACD: The 4-hour DIF crosses above the DEA forming a golden cross, but the daily level is still below the zero axis, so caution is needed regarding the sustainability of the rebound. EMA: The price is stable above the 4-hour EMA7 (3990) and EMA30 (3954), but the daily EMA120 (4116) constitutes strong resistance.

10.20 Ethereum Short-term Reference:

Short position testing at 4090-4140, stop loss 30 points, target below 4050,

Long position testing at 3861-3931, stop loss 30 points, target above 4000,

There may be delays in article posting, and strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident one is in market judgment, stop-loss and take-profit must be managed well. For more real-time strategies, online technical learning, and exit strategies, you can follow the mentor's public account (Mr. Coin) for addition methods: the first ten each day can receive free exit strategies.

For more real-time strategies 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 space, and have studied extensively in the U.S., 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 views, there may be delays in article posting, risks are self-borne, manage positions reasonably, and avoid heavy or full positions. Mr. Coin wishes all fans to achieve financial freedom, to move forward together, and to keep pushing. In the depths of time, hold onto understanding lightly. 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 from the cryptocurrency community, no plagiarism, respect originality!

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