ETH: Summary of Ouyang Zhaibai's Community Discussion (16:00:10 ~ 17:00:10)

This article is machine translated
Show original

1. The current recommended direction is to short ETH. Recent operations show that a 10x leveraged short position opened at 2148.11 and closed at 2004.74, resulting in a significant profit (+66.07%), suggesting that the current trend is bearish and there is significant downside potential. There is no explicit mention of "overextending the rally" or "waiting for a pullback," so the operation is inclined to short. 2. Position and Risk Management Recommendations: A high-leverage (10x leverage) short strategy is recommended, emphasizing rapid profit-taking (over 140,000 in profit already achieved). High-leverage, trend-following trading is advised, while strictly adhering to profit-taking orders to mitigate the risk of a rebound. No specific stop-loss point is specified, but based on the closing price, close attention should be paid to the support level around $2,000, and position adjustments should be made flexibly. 3. Suitable for aggressive short-term trend trading, quick in and out, utilizing high leverage to capture market fluctuations, emphasizing that "a rebound is a window to escape," and not suitable for holding positions for too long. Suitable for traders with strong risk management awareness. The current strategy is based on catalysts indicating a clear downward trend, suitable for short with the trend and quickly realizing profits.

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.
Like
Add to Favorites
Comments