ETH: Summary of the discussion in the Miki community (23:00:10 ~ 00:00:10)

1. Current Recommended Direction - I am bearish on ETH. Opening a long position is purely a tentative attempt to profit from volatility. I do not recommend actively long. - The market is showing a continuous decline without any effective rebound, suggesting that it is not advisable to chase the upward trend in the short term; - There are no obvious signs of a sharp rise or pullback, so the overall stance is to be cautious and observe while taking tentative positions. 2. Position and Risk Management Recommendations - It is recommended to avoid arbitrary heavy positions and unplanned additions to positions, and to emphasize the importance of "early stop-loss" and "controlling chain reactions"; - Small positions can be used to test market volatility, but avoid blindly adding to positions when there is a floating loss; - It is emphasized that stop-loss discipline must be established to prevent losses from escalating, especially in the face of a continuous downward trend; - There are no specific price points or timeframes, but we remind you to remain rational and avoid making impulsive decisions over the weekend. 3. Adapt to trading styles - Suitable for aggressive short-term trading with quick in-and-out trades, purely for profiting from volatility; not suitable for trend investing or medium- to long-term holding. - A clear reminder to "avoid prolonged battles" to prevent emotionally driven losses; - Strict adherence to the trading plan is required to avoid being swayed by market sentiment; suitable for traders with strong discipline.