1. Current Recommended Direction: Observing that 9 million ETH contracts were traded on the Bybit platform alone within 15 minutes indicates extremely active market sentiment in the short term, showing signs of volatility and suggesting potential for significant short-term fluctuations and overextended upward movement. A cautious wait-and-see approach is recommended for ETH, being wary of pullback pressure after a short-term surge, and avoiding blindly chasing the rally. 2. Position and Risk Management Recommendations: Light positions are recommended for initial trades; avoid heavy positions chasing highs. Maintain high vigilance and set strict stop-loss points to prevent rapid reversals. Given the surge in contract volume in a short period, operations should focus on quick entry and exit; prolonged holding is not recommended. Pay close attention to volume and price fluctuations within 15 minutes; if a clear pullback signal appears, reduce positions or exit the market promptly. 3. Suitable Trading Style: This strategy is suitable for aggressive short-term traders. Based on the high volatility environment of a short-term surge in contract volume, it emphasizes quick entry and exit to seize momentary arbitrage opportunities, and avoids holding positions for too long. Conservative medium-term or trend investors should remain on the sidelines, waiting for clearer directional signals and pullback confirmation before taking action.
ETH: Summary of the Theafiro Community Discussion (00:00:10 ~ 01:00:10)
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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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