ETC: Summary of the Lab-cryart community discussion (18:00:10 ~ 19:00:10)

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1. The current recommendation is to long on ETC. The previous 4R (four times return) target has been perfectly achieved, indicating strong upward momentum recently. It has broken through multiple target levels in the short term and is currently in a critical area. We are setting alerts to monitor the divergence signals on the 30-minute cycle, which may indicate a short-term adjustment or pullback signal, but the overall bias is to continue to be bullish. 2. Position and Risk Control Recommendations: It is recommended that holders maintain their current profitable positions and pay attention to the 30-minute divergence signal as a short-term risk control trigger. While no explicit advice is given to adding or reducing positions, it is implied that the current stage should focus on being wary of short-term pullbacks. It is recommended to set alerts and pay close attention to key time nodes. The profit-taking point has been breached multiple times, so it is advised to take profits flexibly and not to blindly chase the rise. 3. Suitable for trading styles: This strategy is suitable for aggressive short-term traders who want to capitalize on rapid price increases. It emphasizes short-term divergences and key time windows, but is not suitable for long-term holders or trend investors. It emphasizes that "4R targets have been achieved" and is suitable for quick entry and exit. Be wary of pullbacks caused by short-term divergences and avoid holding positions for too long.

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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