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 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, and to summarize their gains and losses in a timely manner, deepening their understanding of risks and planning the correct mindset. This way, risks can be reasonably avoided, and one can become a qualified investor.

11.25 Ethereum Market Analysis Reference

Ethereum continues to oscillate within a range, and in the evening, there was a breakout upward. Currently, the high has reached around 2980, with strong price increases, successfully breaking through the 2900 level. As of the time of writing, the price is running around 2970. If the subsequent rebound cannot break through the key level of 3000, a pullback will likely follow, so it is advisable to be prepared. After this upward movement, the support has now shifted to around 2780-2800.

From a daily perspective, a large bullish candle with an increase of 172 points has strongly broken through the previous low of 2763, accompanied by a significant volume of 630,000 contracts, forming a clear bottom reversal signal. The hourly chart shows a step-like upward structure, continuously breaking through the two key levels of 2900 and 2950 without any significant pullback candlesticks, indicating a strong trend.

In terms of technical indicators, the daily MACD's DIF value (-245) has crossed above the DEA, and the green bars have narrowed to -20.98, indicating a weakening of short-term bearish momentum. The hourly MACD histogram continues to expand to 31.74, with short-term bullish momentum prevailing. In terms of the daily moving average system, the current price has stabilized above the short-term EMA7 (2919), but is still under pressure from the bearish arrangement formed by the daily EMA30 (3314) and EMA120 (3665), so caution is needed regarding the pressure from medium to long-term moving averages. The upper resistance is in the 3000-3030 area.

11.25 Ethereum Short-term Strategy Reference:

Short position testing at 3010-3075, stop loss 30 points, target below 2960,

Long position testing at 2781-2811, stop loss 30 points, target above 2860,

There may be delays in the article's release, and the strategy suggestions are for reference only. The market changes rapidly, and regardless of how confident one is in market judgments, it is essential to manage take-profit and stop-loss levels properly. Secure your profits; for more real-time trading strategies and online technical learning, follow the mentor's public account (Mr. Coin Talks About Coins) for access. The first ten daily followers can receive free strategies for resolving positions.

For more real-time trades, you can follow the public account (Mr. Coin Talks About Coins) for online market technical learning and position resolution. I have researched the market for many years, studying the major trends in the cryptocurrency space, and have studied extensively in the U.S. to primarily analyze and guide 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 opinions, there may be delays in the article's release, and risks are to be borne by the reader. Manage your 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. 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 from the cryptocurrency community, no plagiarism allowed, respect originality!

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。