ETH: Summary of discussions in the Shuqin muted group (20:00:06 ~ 21:00:06)

1. Current Recommended Direction ETH is currently dominated by short positions, focusing on short near the 3150-3200 resistance level. A pullback of 50-100 points is expected as potential profit opportunities. The overall strategy leans towards "repeatedly trading in waves," as there are no clear signs of overextended short. A conservative shorting approach is recommended, waiting for a market correction. Considering the MACD still has momentum, the strategy favors "steady shorting" and avoiding chasing rallies. With the holiday approaching, market volatility is limited; a wait-and-see approach is advised in the short term, awaiting the end of the holiday for a major market move. 2. Position and Risk Management Recommendations: Light position size is advised. Keep positions small, with short orders placed around 3160. Profits should be taken as they come, focusing on tentative entry points within the 3150-3200 resistance range. No specific stop-loss or take-profit points are recommended; use a 50-100 point pullback from resistance as a reference for profit targets. Given the Christmas holiday and market closures, volatility is expected to be low. It is recommended to use small positions for arbitrage and avoid over-leveraging. The profit-taking strategy implicitly allows for "profit on pullbacks," and long-term holding is not advisable. 3. Suitable for Trading Styles: This strategy is suitable for conservative short-term swing trading, emphasizing "repeated swing trading" and "small position arbitrage," and is not suitable for aggressive chasing of rising prices or trend investing. Given the catalyst of institutional market closures during the Christmas holidays, market volatility is limited. It is recommended to enter and exit positions quickly, use small positions for initial trades, and avoid prolonged holding and emotional trading. The overall trading strategy is "conservative short, observing during the holidays, and waiting for a major market move after the holidays."