Don't forget, the darkest moment is often just before dawn. On the road to chasing dreams, you are never alone; you have me.

Some fans say trading is difficult, and I want to say, what is harder than relying on others? Although the cryptocurrency world hasn't been around for long, the financial trading industry has developed for over two hundred years, producing many legendary figures. Some fans say trading is risky; in my view, the biggest risk is sticking to the rules and being unchanging. Remember, when you're poor, you must change; when you change, you will find a way.

I am a warrior in the cryptocurrency world, always protecting the retail investors. I wish my fans financial freedom in 2024. Let's work hard together!

Cryptocurrency Expert: December 9, 2024, Ethereum (ETH) Latest Market Analysis Reference

The current price of Ethereum is 3972. It is now 3:30 AM Beijing time, and the waiting point has not yet arrived, so we continue to wait. In this market, 95% of the time is spent waiting. True trading experts are always waiting for opportunities, just like a sniper waiting for the prey to appear before taking action. The essence of trading is trial and error, using our validated systems to trade, giving ourselves plenty of opportunities to test positions, managing stop losses well. It's okay to make mistakes; at worst, you incur a small loss. If you're right, it's a big profit because a stop loss does not equal a loss. It's like machines in a factory; producing a valuable product will inevitably cause wear and tear on the machines.

Affected by sector rotation, Ethereum has not finished its rebound yet; we are currently only in the early stages of rotation. If you want to know about sector rotation in the cryptocurrency world, you can look at the historical power of the three cryptocurrency bull markets. Each time there is a rotation period, many legendary figures emerge in the cryptocurrency world. Looking at the current market, Ethereum's daily candlestick chart shows continuous high-level consolidation, with a maximum of 4010 and a minimum of 3920. The EMA15 trend line has stretched to 3700 and has not finished stretching. The MACD is expanding, with DIF and DEA continuing to spread upwards at high levels. The Bollinger Bands are opening, with the upper band breaking 4110 and the middle band at 3575. The bullish trend remains unchanged.

The four-hour candlestick chart shows three consecutive upward breaks of previous highs. It is now consolidating around the 4000 mark, just a step away from the highest point of the year. The candlestick chart is forming a triangular contraction trend at high levels. The EMA15 trend line at 3970 shows weak support, so pay attention to the EMA30 support at 3905. The MACD is decreasing, with DIF and DEA diverging downwards at high levels. The Bollinger Bands are contracting, with the upper band at 4100 and the lower band at 3830. Key support and resistance have been identified, so use these as reference points for entry.

Short-term reference: Safety first. Remember, there is no 100% certainty in the market, so always manage your stop losses. The goal is to incur small losses and achieve big profits.

For the lower range of 3850 to 3800, go long with a stop loss at 3750, risking 50 points, targeting 3950 to 4000, and if broken, look at 4050 to 4100.

For the upper range of 4100 to 4150, go short with a stop loss at 4200, risking 50 points, targeting 4000 to 3950, and if broken, look at 3900 to 3850.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication, so the suggestions are for reference only, and risks are borne by the reader.

This article is exclusively contributed by the Cryptocurrency Expert and represents the expert's unique views. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above views and suggestions may not be real-time and are for reference only. Risks are borne by the reader. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The expert also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on your own issues and not let the profits that should be yours slip away. There is no need to be smarter than the market; when a trend comes, respond to it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Hard work is rewarded by heaven, goodness by earth, sincerity by humanity, trust by commerce, excellence by profession, and heart by art. Gains and losses often occur unexpectedly. Develop the habit of strictly managing stop losses and take profits for each trade. The Cryptocurrency Expert wishes you happy investing!

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