ETH: Summary of discussions in the Shuqin Mute Group (19:00:07 ~ 20:00:07)

1. Current Recommended Direction - ETH is currently facing significant resistance around 3000. Shorting it three times has yielded substantial profits. A fourth shorting attempt could be short, but the effectiveness would be diminished. It is more recommended to short at the defensive resistance level of 3150-3200. - A rebound is expected near the bottom support level of 2800. A combination of bullish and bearish strategies can be used to make short-term trades with a 50-100 point pullback, taking advantage of resistance and support levels. - Emphasizing that the market logic is clear, there is a chance for a rebound after all the negative factors have been priced in, but still leaning towards short on rallies and being cautious about going long. 2. Position and Risk Management Recommendations - For the fourth short short at the 3000 resistance level, it is recommended to use a small position size to avoid the risk of heavy leverage. - Short at the 3150-3200 resistance level is more defensive; it is recommended to place a pending order and wait for the price to move. - A rebound is expected at the 2800 support level. Investing based on a clear support level has a very high probability of success. - Combine top and bottom resistance and support levels to set stop-loss and take-profit levels for short-term trading and to control drawdowns. 3. Adapt to trading styles - Suitable for aggressive short-term trading, making quick entries and exits by taking advantage of the 50-100 point pullback space between resistance and support levels. - Based on the catalyst of Japan's end to interest rate hikes, the logic of the market trend is clear: all negative factors have been priced in, making it suitable for capturing rebounds and pullbacks. - It is not recommended to hold large positions for too long. It is recommended to use small positions for trial orders, adopt a defensive approach, and avoid blindly chasing highs or holding positions against the trend.