For all dynamic positions without a stop loss set, the default is

The price of Bitcoin is around 1%.
Ethereum around 1.2%-1.5%

And the stop loss should depend on the position. When I am bearish, I try not to take a full loss at high positions; instead, I hold on a bit. At low positions, I strictly execute the stop loss. Even if I incur a loss, I should not regret it, because the reason is that chasing shorts at low positions can easily result in being trapped at the bottom.
When bullish, apply the same principle to low-entry long positions, and strictly implement stop loss for high-entry long positions to avoid being trapped at the peak.

That being said, if you don't understand the high and low positions, just strictly follow the execution.