COINBASE: Summary of Discussions in the Aoying Book Club Community (03:00:10 ~ 04:00:10)

1. Current Recommended Direction - COINBASE has fallen 8% intraday, indicating a strong short-term bearish sentiment; - With the earnings report about to be released, there is a risk of overspending and a potential surge. It is advisable to adopt a cautious wait-and-see approach or make tentative moves to establish positions, and avoid blindly chasing the rally. - We suggest paying attention to pullback opportunities after the earnings report, but we do not recommend long position at this time. 2. Position and Risk Management Recommendations - It is recommended to place a small initial order, strictly control the risk, and wait for the financial report to become clear before considering adding to the position; - Stop loss can be set 1-2% below the recent intraday low to avoid being hit by sudden negative news; - The operation cycle is short, and the focus is on price changes in the 1-2 trading days before and after the release of financial reports. 3. Adapt to trading styles - Suitable for aggressive short-term trading, relying on financial report catalysts to speculate on market fluctuations; - Emphasize quick entry and exit to avoid being trapped due to overspending before the earnings report is released; - Not suitable for long-term holding, high financial statement risk, and positions should be adjusted flexibly.