Emergency Guide for President Fuqi to Break Free: Don't Panic About Being Stuck with a Short Position at 4500, Here's How to Operate ETH at 4690!

Dear friends, I am the president. I just took a look at the data, ETH skyrocketed from 4500 to 4800, and now it has pulled back to around 4690. Many of our community members who shorted at 4500 are either facing liquidation or are deeply stuck—don’t worry, I’ll guide you on how to handle it step by step!

1. Let’s first talk about those facing liquidation

When money is lost, your mindset cannot collapse! Remember two lessons:

1. Never hold a position that exceeds 20% of your capital!

2. Don’t stubbornly add to your position against the trend during volatile rises and falls!

If you’ve been liquidated, take a break for two days. The market will always present opportunities, but if your capital is gone, it’s truly gone.

2. Now let’s focus on those who are stuck (short position at 4500)

Assess your position and take action!

For heavy positions (over 50% of your capital):

You must reduce your position around 4690! Reduce by 10% for every 50 points rebound, and let’s talk again when it’s down to below 30% of your capital. Don’t think about making a full recovery in one go; focus on surviving first!

For light positions (within 20%):

Choose between two paths:

Stubborn Holders: Set a stop loss at 4850 (above the previous high) and aim for a second dip to the 4500-4550 range to exit.

Flexible Approach: Now add to your short position at 4690 (not exceeding 1/3 of your original position), and continue to add as it rebounds to 4750-4780, pulling the average price to around 4650. When it drops to 4550, take all profits!

3. Key Levels to Watch Closely

Strong Resistance Levels: 4750 (intraday neck line), 4850 (previous high)

Strong Support Levels: 4550 (4-hour MA60), 4450 (previous low)

If it breaks below 4550, quickly add to your shorts; consider stop loss if it rebounds above 4750!

Final Reminder from the President

Don’t listen to those “it’s definitely going to 5000” nonsense! Exchange liquidation data shows that short positions have been liquidated by over $21 million, and there is a high probability of short-term fluctuations downward. Hold your positions steadily, operate according to the levels, and avoid greed and panic!

The Fuqi team will send real-time strategies to the community shortly; brothers who are stuck, stay tuned for updates! #ETH创历史新高