ETH: Three Horses Contract VIP Channel (Pinned Strategy Effective) - Community Discussion Summary (20:00:09 ~ 21:00:09)

This article is machine translated
Show original

1. Current Recommendation: For ETH, blindly chasing the price upwards is not recommended. Short-term trading is likely to be range-bound with rebounds. The assessment is that "the $60,000 level presents a very good buying opportunity, but the pace will be slow in the short term." This suggests tentative entry or buying on dips, avoiding chasing the price higher and overextending oneself. 2. Position and Risk Management Recommendations: It is recommended to establish a small position or test trade around $60,000, waiting for the price to break through and stabilize above $74,000 before gradually adding to the position to target the gap at $83,888. Stop-loss orders should be placed based on key support levels. Heavy positions chasing the price upwards are not advisable. It is emphasized that "blindly chasing the price upwards is not advisable until $74,000 is broken and stabilized." The timeframe focuses on the range-bound trading in February-March and the potential for a significant drop in May and the fourth quarter. 3. Suitable Trading Style: This strategy is more suitable for conservative medium-term investors. Given the phased pullbacks and consolidation, it is suitable for "slow grinding" and "tentative entry," and not for aggressive short-term trading with quick in-and-out moves. It is emphasized that we should patiently wait for a key price breakout, prevent the "rebound from becoming a window of opportunity to escape," and avoid being greedy and chasing high prices.

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.
Like
Add to Favorites
Comments