ETH: Three Horses Contract VIP Channel (Pinned Strategy Effective) - Community Discussion Summary (14:00:11 ~ 15:00:11)

1. The current recommended direction is to short ETH, with a target price of around 1200. The current short position at 2138 is still valid. The market has not yet bottomed out in the short term, so it is not recommended to go long at this time. Instead, short positions should be established on rallies, and we should wait for further confirmation of the decline. 2. Position and Risk Management Recommendations: It is recommended to hold short positions and avoid hasty sell-offs. If you are trapped, you can either add to your position or hold the position and wait for it to recover. It is emphasized that "you can recover your losses by simply adding to your position or even without adding to it". Position management is recommended to be stable and avoid blindly stopping losses. There is no clear profit target in the short term. Pay attention to the 1200 price level as an important support target. 3. Suitable for trading styles ranging from aggressive to conservative trend followers. It involves holding short positions with heavy leverage and waiting for the trend to materialize. Frequent stop-loss or reverse operations in the short term are not recommended. Patiently wait for a sharp drop. It is suitable for investors with strong psychological resilience. It emphasizes that "brainless selling at a loss is wrong" and reflects the trend investing mindset.