HYPE: Summary of Discussions in the Aoying Book Club Community (20:00:10 ~ 21:00:10)

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1. Current Recommendation "HYPE" is bearish in the short term, with a correction expected. There are currently no signs of overextended gains, so caution is advised; avoid blindly chasing the rally. 2. Position and Risk Management Recommendations It is recommended to try short positions with a small position size, focusing on the pace of the correction. Set stop-loss orders to prevent losses from rapid rebounds. Specific price levels and timeframes are not yet clear. 3. Suitable Trading Style Suitable for aggressive short-term trading. Utilize pullbacks to enter short positions. Remember to enter and exit quickly, avoid holding positions for extended periods, and never hold large positions for the long term.

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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