ETH: Summary of discussions in the Shuqin Mute Group (19:00:10 ~ 20:00:10)

1. Current Recommended Direction For ETH, it is currently recommended to tentatively establish long positions around 1900-1910, and continue swing trading before confirming a breakout; look for opportunities to short in the strong resistance zone before 2150-2130, and avoid blindly chasing the rise; the overall bias is that "after the sharp drop, there may be a long period of consolidation", emphasizing buying on dips and waiting for confirmation of a breakout before following the trend. 2. Position and Risk Management Recommendations: Consider a small long position around 1900-1910 for ETH. Consider taking partial profits around 2000-2050. Consider short positions around the previous high of 2150-2130. Strictly adhere to stop-loss and take-profit orders. Emphasize "only trade at strong support and resistance levels" and "be extremely careful in your operations; avoiding losses is crucial." The current strategy lacks a clear timeframe; pay attention to repeated testing of price levels. 3. Suitable for aggressive short-term swing trading, this strategy utilizes the consolidation period of ETH to repeatedly long and short within the upper and lower ranges, allowing for quick entry and exit and avoiding overtrading. The strategy is based on a cautious mindset in a bear market, emphasizing risk control and stressing that "every extra penny earned in a bear market can be magnified 5-15 times in a bull market," making it suitable for short-term traders with strong execution capabilities.