1. The current recommendation is to explicitly short"HYPE" at an entry price of 29.4246, using 20x leverage. There is no mention of overextending the price or waiting for a pullback; this indicates a firm bearish stance with no signs of tentative entry. 2. Position and Risk Management Recommendations: Maintain a light position for "HYPE" at approximately 1.0%-1.1% of the overall account position. The number of short positions remains fixed at 253,058, with no apparent increase or decrease in positions. While no specific profit-taking or stop-loss points or timeframes are defined, the high leverage (x20) suggests a need for close risk management. It is recommended to set strict stop-loss orders to mitigate the risk of liquidation. 3. Suitable for trading styles: This short-selling strategy is suitable for aggressive short-term trading, relying on high leverage to quickly capture profits from declines. It does not mention any medium- or long-term trends or catalysts, implying a "quick in, quick out" style. It reminds traders not to hold positions for too long and to strictly adhere to stop-loss discipline.
HYPE: Summary of hummus community discussions (03:00:10 ~ 04:00:10)
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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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