1. Current recommendation leans towards a wait-and-see approach, with a focus on mitigating downside risk. Trend analysis indicates a large sell-off of 20,000 ETH to repay loans, suggesting short-term funding pressure and implying potential downward pressure on ETH. The liquidation price range of $1,509 to $1,800 suggests limited downside potential; therefore, blindly long is not advisable at this time, and caution is advised against a pullback after a potential "overextension" of the rally. 2. Position and Risk Management Recommendations: It is recommended to maintain a light position or remain on the sidelines to avoid heavy betting. Pay close attention to whether the price breaks below the bottom of the liquidation range at $1,800 or even $1,509; a break below this level will trigger a stop-loss signal. In terms of trading strategy, it is advisable to set tight stop-loss orders to prevent margin calls, and to gradually and tentatively establish positions for greater stability. 3. Suitable for conservative medium-term and trend investors who prioritize risk control. Currently, there are no clear catalysts for a price surge; aggressive short-term trading carries significant risk. It is recommended to treat rebounds as opportunities to exit quickly, avoiding prolonged positions. Closely monitor large-scale liquidations and follow the trend.
ETH: Summary of wwg community discussions (15:00:09 ~ 16:00:09)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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