1. The current recommended direction is to short BTC. Based on the previous addition of some short positions, this suggests a continued bearish outlook. Those who did not participate in the previous short position can consider this a trial opportunity to open a new short position, reflecting an expectation of further decline. 2. Position and Risk Management Recommendations: It is suggested to add to existing short positions at the upper limit, reflecting a gradual escalation strategy. Those not yet participating can attempt entry at lower levels, emphasizing a "composite" position management approach. While specific stop-loss and take-profit levels and price targets are not explicitly stated, flexible short-term adjustments are implied. 3. This trading strategy is geared towards an aggressive, short-term approach, suitable for quick entries and exits. It leverages previous downtrends to continue short, emphasizing a "compound" approach to amplify profits. It is well-suited for sensitively capturing pullbacks and rapid reversals after a rally has run its course, reminding traders to enter and exit positions quickly and avoid holding positions for too long.
BTC: Summary of discussions in the WWG-hbj community (19:00:06 ~ 20:00:06)
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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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