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

1. Current Recommended Direction - After several attempts to break through the 3000 mark recently, ETH has finally stood above it. There is strong resistance at this price level of 3160-3190. It is recommended to short in this range, with a target of around 3100. - Currently, ETH still has some momentum, so it is not advisable to blindly short with heavy short in the short term. It is better to wait for the resistance level of 3150-3200 to test short short and take a 50-100 point swing. - Limited volatility is expected over the weekend and Christmas holiday, with the market mostly experiencing minor fluctuations. The focus of trading should be on short-term swing trading, and chasing highs and selling lows is not recommended. 2. Position and Risk Management Recommendations For Ethereum short, it is recommended to use a small position or try a small position. Focus on gradually adding to the position in the 3160-3190 resistance range. Do not use a large position to avoid being trapped by a false breakout. - The profit target is set around 3100, and a pullback of 50-100 points is the ideal profit range. - Trading should be done in line with the low volatility characteristic of holidays. It is recommended to operate with small positions to avoid the risk of holding large positions over the holiday. 3. Adapt to trading styles This strategy is more suitable for stable short-term swing trading, emphasizing "repeated swing trading" and "laissez-faire" approach, avoiding aggressive chasing of highs and lows. - Suitable for patiently waiting for confirmation of key resistance levels before short, leaning towards using technical rebounds and pullbacks to buy low and sell high. - Given the low volatility of the market during holidays, it is recommended to enter and exit positions quickly to reduce holding time and avoid increased risk due to market uncertainty during holidays.