1. Current Recommendation: Old Demon has explicitly recommended long on ETH, continuously adding to positions, demonstrating a strong bullish tendency. This conservative approach, without any pullbacks or tentative entry, suggests an overall bias towards continuing the upward momentum after the initial surge. 2. Position and risk control recommendations: adopt a gradual position-adding strategy, rapidly increasing the position from light to heavy, with long leverage as high as 25x to 30x, indicating heavy position operation. There are currently no clear profit-taking or stop-loss prompts. Rapid position additions in a short period of time emphasize a strong offensive rhythm, with price nodes concentrated at the two entry price levels of 2035 and 2131.713. 3. Suitable for aggressive short-term and trend-following trading styles, relying on high leverage to amplify returns, with a fast pace, clearly unsuitable for conservative holding or observation, implying an aggressive trading style of "quick in and quick out" and "rebounds are escape windows", emphasizing that the rise will overdraw the subsequent impact.
ETH: Summary of Old Demon Community Discussions (19:00:10 ~ 20:00:10)
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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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