The cryptocurrency trading is a long-term plan, not a matter of overnight success, so there should be no haste. Even if there is a short-term loss, there is nothing to fear as long as the subsequent direction is chosen correctly. The lost will eventually return. However, it is important to grasp the timing of trading and the current market trends in order to increase the winning rate. At the same time, investment is a process of growth. Mr. Coin suggests that everyone should learn while operating, summarize the gains and losses in a timely manner, deepen their understanding of risks, and plan their mindset correctly in order to reasonably avoid risks and become a qualified investor.

8.25 Mr. Coin's Analysis of Ethereum (ETH) Market:

Ethereum also tested the support near 2730 around noon, and the current price is fluctuating within the range of 2800, forming a range repair and consolidation. The upside space has not been further broken through over the weekend.

Looking at the 4-hour period, both the slow and fast lines of the MACD are above the zero axis, and the histogram is positive, indicating that the market is currently more bullish. With the signs of weakening in the bullish trend as the oscillation is repaired and consolidated, looking at the EMA moving average indicator, each moving average maintains an upward trend. It is expected to continue in the future. Therefore, Mr. Coin suggests going long with the trend, and friends who are uncertain can choose to wait and see for short positions.

Short-term Reference for Ethereum on 8.25: For more real-time single strategies, online technical learning, and getting out of the market, you can follow the mentor's official account (Mr. Coin) to get the contact information: The first ten people every day can get free strategies for getting out of the market.

Long position: Long at 2710-2740, defend at 2640, stop loss at 2660, target above 2780.

There is a delay in the article delivery, and the strategy suggestions are for reference only. The market changes in an instant. No matter how high the judgment of the market is, it is important to set stop-loss and take-profit points. More real-time single strategies can be obtained by following the official account to learn about the market situation online and get out of the market. I have studied the market for many years, analyzed the major trends in the cryptocurrency market, and guided the analysis of BTC, ETH, DOT, LTC, FIL, EOS, BCH, ETC, and other currencies after studying in the United States. For those who do not know how to operate, you are welcome to study and learn together.

This article is exclusively written and shared by Mr. Coin, representing Mr. Coin's exclusive viewpoint. There is a delay in the article delivery, and the risk is self-borne. It is important to control the position reasonably when trading, and do not overweight or fully invest. Mr. Coin hopes that all fans and friends can achieve financial freedom and move forward together. In the depths of time, hold a sense of understanding. In investment, one must learn to be optimistic. Do not let the future you dislike the present self. We live in reality, but not every piece of data needs to be taken seriously. Let the past go, and let the future come faster! Take good care of yourself, prepare yourself at any time, and cheer up!

• This article is written by Mr. Coin, refusing to plagiarize, and respecting originality!

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