ETH: Summary of Community Discussions with the New Team of Crypto Big Brilliance (10:00:10 ~ 11:00:10)

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1. The current recommendation is to short ETH in the 2100-2200 range, with a view leaning towards a short-term pullback. There is no indication of overextension of the rally or tentative entry. The specific bearish targets are around 2055, 1980, and 1920, indicating a multi-layered profit-taking strategy. 2. Position and Risk Management Recommendations: We recommend short in batches. The first take-profit target of 2055 has been reached, achieving a 2.15% profit. We suggest maintaining the position with a stop-loss order. The stop-loss is set at 2230 to clearly define the upper limit of risk. There are no time frame restrictions; focus on the 2100-2200 price range for entry. 3. This strategy is suitable for aggressive short-term trading, emphasizing quick entry and exit, with tiered profit-taking to reduce drawdown risk. Currently, there are no clear catalysts supporting this strategy; it primarily focuses on shorting on pullbacks, reminding short that "rallies are escape windows" and cautioning against holding positions for too long.

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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