1. The current recommended direction is to short ETH; the direction is clearly bearish. It is advised to use light positions today. If there is an upward spike to 2030 and 2100 and the price holds above these levels, the sentiment will turn bullish. Entry points should be flexible; do not rigidly adhere to specific price levels. 2. Position and Risk Management Recommendations: We suggest starting with a small position, within the range of 2020-2050, with a stop-loss set at 2080. Profit targets are set at three levels: 1990, 1960, and 1930. If the third profit target has been reached, please lock in profits and move your stop-loss order accordingly. There is no specific timeframe, but strict adherence to price levels and stop-loss/profit targets is emphasized. 3. Suitable for aggressive short-term trading: This strategy is suitable for aggressive short-term trading, requiring quick entry and exit, and avoiding prolonged positions. Entry is based on tentative steps at key price levels, with adjustments made according to market conditions, emphasizing flexibility and risk control. If a key resistance level is broken, the trend reverses to bullish, but caution is advised regarding the risk of overextending the price.
ETH: Summary of Red Dead Redemption Community Discussions (23:00:10 ~ 00:00:10)
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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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