1. The current recommendation is to close short-term positions to minimize losses, as this presents a "minimum exit" for Ethereum bullish swing trading. If willing to wait until Christmas, ETH positions can be closed at a higher price when Bitcoin breaks through the $98k-$101k range, suggesting "patiently waiting for a larger upward move." There are no clear short signals, but the suggestion of "waiting longer" reflects a preference for "acting after a pullback." 2. Position and Risk Management Recommendations: Investors already holding long positions are advised to consider "lightening their positions or reducing cross margin to close out losses" to avoid further losses. A key price level is mentioned as BTC at $98k-$101k, which will serve as a reference for closing ETH positions at higher levels in the future. No specific stop-loss point is specified, but the advice to "exit as soon as possible to minimize damage" is emphasized, with the timeframe around Christmas being considered. 3. Suitability for Trading Styles: This strategy is suitable for conservative medium-term investors who prefer to "patiently wait for confirmation of the main upward trend before adding to or closing positions." It is not suitable for aggressive short-term traders who want quick profits. It emphasizes "waiting a long time for higher returns" and reminds investors "not to be greedy; minimizing losses is the key." Key price catalysts for BTC are used as the core reference signals.
ETH: Vivian-eth Daily Community Discussion Summary (21:00:06 ~ 22:00:06)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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