ETH: TraderGauls Community Discussion Summary (16:00:10 ~ 17:00:10)

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1. The current recommendation is to long on ETH, buying in the range of the current price to 2020. It is believed that the bottom has been reached this week, implying that there is room for further upward movement. No risk of overextending or pulling back is mentioned. This is a tentative position to confirm the bottom signal. 2. Position and Risk Control Recommendations: We recommend entering the market in batches. The two buy orders have been executed perfectly. The take-profit is set at 2389, and the stop-loss is set at 1979. The risk-reward ratio is about 4. With clear price points and risk control discipline, it is suitable to gradually increase positions. 3. Suitable for a stable medium-term trading style, based on weekly bottom confirmation. The strategy emphasizes execution according to plan, patient holding, and non-aggressive quick in and out. It is suitable for steadily long following the trend, and cautions against being overly attached to positions.

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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