ETH: Three Horses Contract VIP Channel (Pinned Strategy Effective) - Community Discussion Summary (22:00:11 ~ 23:00:11)

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1. Current Recommended Direction: ETH short positions have all been closed at 2118. Further upward movement is not recommended. ETH is expected to fill the 2400-2600 gap in a cyclical pattern, with the entire retracement process taking approximately one month. There will not be a continuous upward surge; pullbacks are inevitable. This presents an opportunity for swing trading. 2. Position and Risk Management Recommendations: It is not recommended to heavily invest in rallies. Swing trading is emphasized. Positions should alternate between long and short positions, patiently waiting for a strong support level from BTC above 70,000. The ETH gap-filling period is approximately one month. Strict stop-loss and take-profit orders are crucial for short-term trading to avoid being overwhelmed by pullbacks. Position size should be adjusted flexibly according to market volatility. 3. Suitable for Trading Styles This strategy is suitable for flexible swing traders, favoring a combination of stable medium-term and short-term long and short operations. It is not recommended to trade two cryptocurrencies simultaneously to avoid getting bogged down in details. We emphasize "direct communication via private message" and remind investors to be quick to enter and exit positions 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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