ETH: Summary of Jayson Casper community discussion (04:00:10 ~ 05:00:10)

1. Current Recommended Direction ETH has recently experienced a large-scale surge in trading activity and a $200 million error. The rapid short-term rise has touched a local high point for BTC. We currently hold a bearish view on ETH, suggesting that the rise is overextended. We recommend shorting on short and waiting for a pullback confirmation before taking further action. 2. Position and Risk Management Recommendations: It is recommended to attempt a short position with a small initial position, strictly control risk, set a stop-loss order above the peak of the upward move, and consider taking profit at previous support levels. Avoid chasing highs with heavy positions. Given the fast-paced trading, it is advised to gradually add to positions cautiously to prevent being trapped by a rebound. 3. Suitable for aggressive short-term trading, based on short-term volatility catalyzed by soaring OI and misoperations. Emphasizing quick entry and exit, it is not advisable to hold positions for too long. Rebounds are the windows to escape. Strict stop-loss is essential. Short-term speculation is the main focus.