ETH: Summary of the Theafiro community discussion (02:00:06 ~ 03:00:06)

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1. The current recommendation is to long on ETH, clearly bullish on its future upward trend, expressing a "definitely going right" sentiment, implying a continued upward movement. Maintain optimism but avoid excessive optimism, reflecting a cautious approach of "it has no choice but to remain neutral, it has to play it safe." There is no explicit mention of overextended gains or waiting for a pullback; the bias is towards following the trend. 2. Position and Risk Management Recommendations: While the position size isn't explicitly mentioned, the phrase "Don't be nervous" suggests maintaining a moderate position to avoid emotional fluctuations affecting trading. A conservative approach is advised, with gradual position increases suitable. No specific profit-taking or stop-loss points or timeframes are currently provided. 3. The trading style strategy is suitable for trend investors, who prefer a stable medium-term holding strategy and follow the trend. It is not advisable to be aggressive in short-term trading with quick in-and-out moves. The current market outlook is bullish, but it is necessary to maintain a calm mindset and avoid excessive tension. It is suitable to patiently hold cash and wait for confirmation of an upward trend.

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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