1. The current recommendation is to short ETH. The view is that Ethereum's price needs to fall further to confirm a macro bottom, and chasing the price higher in the short term is not advisable. Fund flow data shows that major funds are continuously flowing out of the ETH ETF, suggesting that selling pressure has not eased and the overall outlook is bearish. 2. Position and Risk Management Recommendations: We suggest short with a small position to avoid chasing the bottom with a large position. There are no specific profit-taking or stop-loss points at the moment, but we emphasize waiting for a lower price level to confirm the bottom before considering reversing the position. Maintain patience in your trading pace and avoid blindly chasing rallies. 3. Suitable for a conservative medium-term short-selling strategy, based on the catalysts of the lack of a macro bottom and continued capital outflows. It is recommended to patiently wait for bottom signals and avoid aggressive short-term chasing of rallies. Rebounds are the windows to escape; quick in and out, avoid holding positions for too long.
ETH: Summary of wwg community discussions (13:00:09 ~ 14:00:09)
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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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