1. Current Recommended Direction - Combined with the assessment that it may be the worst trading day in years, this suggests that the market is extremely volatile and uncertain, and it is advisable to remain on the sidelines and avoid blindly long or short. There are currently no clear signals of "overextended rally", "waiting for a pullback", or "tentative position building". We emphasize cautious operation and waiting for clearer directional confirmation. 2. Position and Risk Management Recommendations - It is recommended to maintain a light position or even remain on the sidelines to avoid heavy positions or chasing highs and selling lows; - Emphasize strict stop-loss orders, control position risk, and prevent emotional trading from leading to account liquidation; - The specific time frame or price point is not clearly defined, but it implies that there will be significant short-term volatility and increased risk. 3. Adapt to trading styles - This strategy is more suitable for conservative medium-term or aggressive short-term traders to remain vigilant and avoid holding positions for too long. - It is recommended to enter and exit quickly, and avoid being greedy for repeated market fluctuations; - It is advisable to wait for a clear catalyst in market sentiment and technical aspects before entering the market.
ETH: Summary of Jayson Casper's community discussion (12:00:10 ~ 13:00:10)
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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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