ETH: Summary of discussions in the Shuqin Mute Group (18:00:06 ~ 19:00:06)

1. Current Recommended Direction - If the direction is clear , short ETH, wait for a rebound to around 2980-3000 short, and avoid blindly chasing the short; - Clearly pointed out that "shorting is dangerous, it is safer to wait for a rebound before shorting", emphasizing that there is significant resistance at the 3000 level, making it suitable to try shorting on a rebound; 2. Position and Risk Management Recommendations - It is recommended to use a small position of 10% with 10x leverage to control risk; - Set two profit-taking points: a conservative profit-taking point around 2945, and an aggressive profit-taking point around 2880; - Set the stop loss above 3050 if there is a slight breakout; the stop loss position is relatively high to prevent false breakouts. - Avoid placing orders at round numbers; placing orders slightly below the resistance level makes them easier to execute. - Emphasize lowering the profit/loss ratio to increase the win rate and making stable trades; 3. Adapt to trading styles - Suitable for a conservative short-term rebound short strategy, emphasizing that "a rebound is a window of opportunity to escape"; - Not suitable for shorting or blindly adding to positions; quick entry and exit are recommended to avoid holding positions for too long. - Without any obvious catalysts, relying on technical resistance levels and false breakout strategies, it is suitable for traders who have the patience to wait for confirmation of a rebound.