ETH: Summary of discussions in the Shuqin Mute Group (17:00:06 ~ 18:00:06)

1. Current Recommendation for Ethereum (ETH): The current recommendation is primarily short, focusing on short positions near the 3150-3200 resistance level. A profit of 50-100 points on a pullback is expected. Short-term trading is frequent and volatile, and there are no clear signs of overextended upward movement. It is recommended to wait for a pullback confirmation before adding to positions for a more conservative approach. 2. Position and Risk Management Recommendations: It is recommended to use light positions, with the main position concentrated in shorting within the 3150-3200 resistance range. Utilize small positions to repeatedly trade within the range for profit. During weekends and the Christmas holiday, volatility is low, so focus on arbitrage with small positions and avoid over-leveraging. The take-profit target is a 50-100 point pullback. No specific stop-loss point is specified; it is recommended to set one based on your individual risk tolerance. 3. Suitable for Trading Styles: This strategy is more suitable for aggressive short-term trading, relying on repeated short and small arbitrage opportunities within price swings, allowing for quick entry and exit and flexible position adjustments. Given the approaching holiday and the fact that major players are taking a break, and market movements are heavily influenced by news, it is advisable to avoid holding large positions and wait for a signal of a major market move after the holiday before making trend-following decisions.