ETH: Summary of Ouyang Zhuaibai's Community Discussion (10:00:11 ~ 11:00:11)

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1. The current recommendation is for Ouyang to short ETH, with an opening price of approximately $2098.7, using 10x leverage for a heavy position. This clearly indicates a bearish view on the short-term trend, without mentioning overextending the price or waiting for a pullback. This is a proactive high-level sell. 2. Position and Risk Control Recommendations: Currently holding no position with 0.42 times the actual position, and using 10 times leverage to heavily invest $2,094,991, this is considered an aggressive heavy position operation. No clear profit-taking or stop-loss points or timeframes have been established. It is recommended to closely monitor the resistance level around 2098 and quickly implement stop-loss measures to prevent the risk of liquidation. 3. Suitable for trading styles: This strategy is suitable for aggressive short-term traders who pursue high leverage and rapid trading, favoring trend reversal capture, emphasizing quick entry and exit, and not suitable for holding positions for too long. It is suitable for traders who are sensitive to market rhythm and can withstand large fluctuations.

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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