Regarding the current ETH market, I have developed a hedging strategy that uses stop-losses to manage risk exposure in both directions.

**Short Position**: The 2950 level is a dense entry zone for shorts, with a batch of short orders also hanging around 2975 above. Once the price touches 2950, it essentially confirms a downtrend. Setting a stop-loss at 2917 is sufficient—this area is densely populated with long orders, so if the market truly intends to go higher, it’s unlikely to do so smoothly.

**Long Position**: Considering that the short at 2950 is only about ten points away from the current price, the breakeven space is too narrow, and relying solely on short profits has limited probability. Therefore, a hedging long position is added, with a stop-loss at 2917, to cover more possibilities.

**Core Idea**: Abandon predicting the direction and instead follow the retail traders’ long and short entry points to see the continuation. There are four possible market scenarios: direct decline, decline after touching 2950, direct rise, and rise after hitting 2917.

After adding the hedging long, whether the market drops or rises directly, profits can be realized. The other two more volatile scenarios also won’t cause losses. This is the meaning of risk symmetry—having a stop-loss provides protection, allowing for a more composed follow-through with the market rhythm.