ETH: Jinmu Community Discussion Summary (22:00:10 ~ 23:00:10)

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1. Current Recommended Direction ETH is currently exhibiting a bullish tug-of-war, showing signs of overextending its upward momentum. Long positions currently show both slight losses (-1.17%) and small profits (+0.13%), indicating a tentative entry strategy. A short-term rebound is possible, but the risk of a pullback should not be ignored. 2. Position and Risk Management Recommendations It is recommended to maintain a light position for initial trades, avoiding heavy positions chasing the upward trend. Stop-loss orders should be strictly controlled, with a reference range of 2037-2084 near the opening price. If the price falls below 2037, a stop-loss order should be placed decisively. Consider gradually adding to positions after a pullback confirmation, controlling position risk, and avoiding blindly chasing highs. 3. Suitable Trading Style This strategy is suitable for aggressive short-term traders, capturing short-term fluctuations during rallies and pullbacks. It emphasizes quick entry and exit, avoiding overstaying positions. Currently, there are no clear long-term catalysts; the trading rhythm should closely follow the market rhythm, flexibly adjusting positions, with rebounds serving as exit windows.

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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