11.28 Ethereum Position Reminder
First of all, we are trading, not gambling. The total position needs to be divided into 5 sub-positions, each accounting for 20%. Each time, a maximum of one sub-position can be used for trading, with leverage of 5-10 times, and a stop-loss must be set. If the stop-loss level is touched, exit the position.
So the entire trading process is as simple as having a meal. Once Ethereum breaks through 3600, this key level is the 'take profit level for many bulls', which indicates that the market is likely to continue to fluctuate upwards, so we need to observe.
Stop-loss is the norm; just trade according to your own trading system. There's no need to worry about market fluctuations. Whether you get stopped out or not doesn't make much difference; they are essentially the same.
Ethereum's current position is still the best short position, with a defense level at 3600.
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