1. Current Recommended Direction ETH continues to be under pressure, with a strong atmosphere of panic in the market. There are no obvious signs of support and stabilization in the short term. It is recommended to remain on the sidelines and wait for the panic to subside before considering tentatively establishing a position. Do not blindly chase the market upward or try to buy the dips. 2. Position and Risk Management Recommendations: It is recommended to use small positions for initial trades, strictly control risk, avoid going all-in with your entire All In and using leverage, maintain capital flexibility, and gradually add to your position after a clear rebound signal. No specific profit-taking or stop-loss points are specified; focus on changes in market sentiment and key price support levels. 3. This trading style is more suitable for conservative medium-term investors who patiently wait for market sentiment to recover and for the bottom to be confirmed. Aggressive short-term chasing of rallies or frequent trading is not advisable. At this stage, quick entry and exit are emphasized, and investors should be wary of holding positions for too long to avoid being trapped in panic selling.
ETH: Summary of discussions in Orange's muted group (daily market analysis) (09:00:10 ~ 10:00:10)
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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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