ETH: Summary of wwg community discussions (22:00:10 ~ 23:00:10)

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1. Current Recommended Direction - Short ETH is recommended, as its relative strength is unlikely to be sustained. If it cannot regain the 2040 pmVWAP level, it is expected to fall to 1900. - Clearly expresses concern about overextending the rally and prefers to wait for confirmation of a downward signal before entering the market. 2. Position and Risk Management Recommendations - It is recommended to maintain a light position or place a trial order, and pay close attention to 2040 points pmVWAP as a key watershed. - If the price fails to break through 2040, gradually increase short, with a target of 1900. - A stop-loss order can be placed above 2040 to prevent the risk of a false breakout. 3. Adapt to trading styles - Suitable for aggressive short-term and trend-following trading, using pmVWAP key levels to make clear entry and exit decisions. - It is not recommended to hold the position for too long. If the price breaks through 2040, you should quickly cut your losses and exit the market. - Due to the short-term emotional fluctuations catalyzed by quantum research, operations need to be flexible and adaptable.

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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