SOL: Summary of Hummus Community Discussions (06:00:09 ~ 07:00:09)

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1. Current Recommendation: We currently recommend short SOL. We have already closed 20 times our short positions, indicating that we expect a short-term pullback. There are no obvious signs of "overextension of the rally" or "tentative entry into positions". Overall, we are inclined to short on rallies. 2. Position and Risk Control Recommendations: It is recommended to use a relatively heavy position (20x leverage short position) to short. The operation should be decisive, but be wary of the risk of pullback and rebound. The lack of a clear stop-loss and take-profit price point implies the need to flexibly track the market and close the position quickly. 3. Suitable for aggressive short-term trading, relying on the pullback rhythm after a rapid rise, emphasizing quick entry and exit, avoiding holding positions for too long, and suitable for capturing opportunities after short-term rebounds.

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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