1. Current Recommended Direction ETH is explicitly recommended for heavy long, with current long positions boasting a leverage of 26x and already showing substantial profits (open price 2035 ➡ 2067, PNL +46.69%), demonstrating strong bullish confidence in the market outlook. There are no pullback or tentative entry signals, suggesting an overall bias towards continued upward movement, implying an aggressive stance that there is still room for further upward movement even after the initial surge has been "overextended." 2. Position and Risk Management Recommendations: Heavy leverage is advised, with the current position reaching 26 times leverage. The author personally holds a 13 times leverage position, reflecting a high-risk, high-return strategy. The lack of clearly defined stop-loss and take-profit points suggests reliance on trend following, requiring vigilance against the risk of margin calls. Close monitoring of price fluctuations and rapid position adjustments are recommended. The absence of specific timeframes or price targets emphasizes "heavy leverage" rather than light initial trades or gradual position increases. 3. Suitable for aggressive short-term and trend-following investors, emphasizing high leverage and rapid trading. Given the current strong market and short-term profitability, a "quick in, quick out" strategy is recommended; holding positions for too long is discouraged. With no clear catalysts, it relies more on market continuity and sentiment, making it suitable for aggressive traders willing to withstand significant volatility.
ETH: Summary of Old Demon Community Discussions (22:00:10 ~ 23:00:10)
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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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