ETH: Summary of Bitcoin Commander Community Discussions (06:00:11 ~ 07:00:11)

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1. The current recommended direction is to short ETH, with a shorting range of 70700-71700. This is a short-term shorting strategy and does not mention any overextension of the rally or tentative entry. The bias is clearly bearish. 2. Position and Risk Management Recommendations: It is recommended to short in the 70700-71700 range, with a stop loss set at 73300. No take profit level is specified, implying that the main focus is on preventing a sharp rebound. No mention is made of adding to the position or adjusting the position size. This is suitable for a one-time trial operation. 3. Suitable for aggressive short-term trading, emphasizing quick entry and exit with clear stop-loss. It is suitable for short-term opportunities to capture rebound highs, but not for 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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