1. Current Recommended Direction: ETH is bullish on higher timeframes, currently showing an upward divergence. A pullback to around $2100 is expected, which can be considered a tentative entry point for long positions. Wait for the pullback before establishing a long position. 2. Position Size and Risk Management Recommendations: It is recommended to establish a position around $2100 as a trial or initial entry point. Subsequent additions can be made gradually. No clear stop-loss or take-profit level is specified; pay close attention to the effectiveness of the $2100 support level. 3. Suitable Trading Style: Suitable for stable medium-term trend investing based on a bullish structure on higher timeframes. Not suitable for aggressive short-term trading with quick entries and exits. Emphasis is placed on buying on dips and patiently waiting for the pullback to establish a bottom before further upward movement.
ETH: Summary of the Lab-deda community discussion (20:00:10 ~ 21:00:10)
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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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