ETH: Summary of wwg community discussions (23:00:10 ~ 00:00:10)

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WWG
02-04
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1. The current recommendation is to long on ETH. The current market is showing a good upward trend, but the key support level of 2250 must be held; otherwise, a downward correction is possible. There is a risk of pressure after the short-term rally, and a pullback should be anticipated. 2. Position and Risk Management Recommendations: It is recommended to hold existing positions. If you do not hold any, consider entering the market. If support levels are not held, consider reducing your position or setting a stop-loss order. Pay close attention to the 2250 price level as a key stop-loss point. If it breaks below this level, consider cutting your losses. Focus on short-term trading; you can gradually increase your position size but should adjust flexibly. 3. This strategy is suitable for aggressive short-term trading, focusing on the key support level of 2250 for quick entry and exit. It emphasizes cutting losses immediately if the price fails to hold above this level and avoiding overtrading. The strategy is based on short-term support tests after a price rally, suitable for capturing short-term fluctuations and quick profits.

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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