1. The current recommended direction is to short ETH. The current short position is relatively large. It is suggested to take profit on 50% of the position to lock in profits, which implies that there may be a risk of market correction. It is advisable to take profits in the short term rather than continue to push up the price. 2. Position and Risk Management Recommendations: Since the short position has been opened too large, it is recommended to take profit on half of the position to secure profits. If you want to be more secure, you can try moving the stop-loss to break-even, but be warned that this is easily triggered by the stop-loss. There is no specific time frame, but risk management is emphasized as the top priority. 3. This strategy is suitable for aggressive short-term trading, relying on quick profit-taking and flexible stop-loss orders to avoid holding positions for too long. Based on significant current unrealized profits, the strategy advocates for timely profit-taking, focusing on quick entries and exits; holding positions conservatively carries higher risk.
ETH: Three Horses Contract VIP Channel (Pinned Strategy Effective) - Community Discussion Summary (23:00:11 ~ 00:00:11)
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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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