1. The current recommendation is for Old Demon to long on ETH. The current position is a long position with 30x leverage. Although there have been some reductions in the position, the overall strategy remains aggressively bullish. There is no mention of the risk of overextending the price or a pullback. This indicates a firm bullish attitude. 2. Position and Risk Management Recommendations: A heavy position is recommended, with current long positions boasting a leverage ratio of 30x. The recent reduction of approximately five million in value indicates flexible position adjustments to control risk. While there are no explicit profit-taking or stop-loss points, the reduction in position suggests a risk management approach aimed at locking in profits in stages or preventing drawdowns. 3. Suitable for aggressive short-term or ultra-short-term high-leverage trading, characterized by fast-paced operations, frequent entry and exit, and position adjustments. Ideal for investors who can tolerate significant volatility. No clear medium- to long-term holding or trend investing suggestions; emphasizes short-term bullish strength.
ETH: Summary of Old Demon Community Discussions (11:00:11 ~ 12:00:11)
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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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