1. The current recommendation is to long on ETH spot, focusing on two key entry points: $3388 (50 % spot position) and $2388 (all-in cross margin ). The strategy implies waiting for a long-term upward move, with a target price of $5000 for liquidation. It emphasizes patience and positioning before a premature rise to $5000. No leverage is used to prevent losses from sudden price spikes, reflecting a tendency to tentatively build positions and ambush positions after pullbacks. 2. Position and Risk Control Recommendations: A phased position-building strategy is recommended. The first four phases were completed around $1588, $2270, $4188, and $3600 respectively. The current fifth phase will focus on the $3388 and $2388 levels. A heavy position in spot trading without leverage is recommended, with 50% held at $3388 and a cross margin position at$2388. The profit target is clearly set at $5000 for liquidation. Strict stop-loss rules apply; if the weekly closing price falls below $2000 after the trade, immediate stop-loss will be implemented, emphasizing the risk-reward ratio and risk control. The strategy emphasizes position control, patience, and avoiding emotional trading. 3. This trading style is suitable for stable, medium- to long-term trend investing, based on long-term upward expectations and phased accumulation. It is not suitable for aggressive short-term trading with quick in-and-out moves. It emphasizes no leverage to prevent being wiped out by sudden price spikes and advises investors to "hold on if you're caught in a losing position," reflecting patience and risk tolerance. The strategy leans towards value investing and trend following, suitable for investors willing to wait for significant price increases, not for short-term speculation.
ETH: Summary of Discussions in the Sanma Spot VIP (Pinned Strategy Effective) Community (17:00:06 ~ 18:00:06)
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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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