1. The current recommendation is to long on ETH, focusing on the 2040 pmVWAP support level. If this level holds, a subsequent rise to the 2110 pyVAL target is possible. The strategy implies an upward trend and does not mention the risk of overextended gains or pullbacks, favoring a trend-following approach. 2. Position and Risk Management Recommendations: It is recommended to gradually increase positions after the support level of 2040 is confirmed. Holding this price level is crucial for risk management. The profit target is clearly set at 2110, and the stop-loss can be set slightly below 2040 for exiting the position. Short-term focus is on price levels, as the time frame is not yet clear. 3. Suitable for conservative medium-term trend investors. Based on the confirmation of key support levels and subsequent upward movement, it tends to hold the trend and does not recommend aggressive short-term quick in-and-out trading. There are no obvious catalysts to indicate the trend. It emphasizes that holding above 2040 is the entry signal and the strategy of securing profits is clear.
ETH: Summary of wwg community discussions (00:00:11 ~ 01:00:11)
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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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