BTC: Vivian-eth Daily Community Discussion Summary (21:00:05 ~ 22:00:05)

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1. Current Recommendation: It is recommended to exit long positions in Ethereum first, and wait for Bitcoin to rise further to the $98,000-$101,000 range before considering closing positions at a higher level. This suggests that there is some downward pressure at the current stage, and it is advisable to wait for confirmation of the upward movement before entering the market. Blindly chasing the upward trend is not recommended. 2. Position and Risk Management Recommendations: The current recommendation is to exit long positions with minimal loss to avoid further downside risk. If you choose to wait, the target price range is $98k-$101k BTC, at which point you can consider gradually reducing your position or closing it entirely. This strategy emphasizes time investment; waiting until Christmas may be quite long, so patience and risk control are crucial. 3. Suitable Trading Style: Suitable for conservative medium-term holders. Based on the holiday market catalyst, wait for confirmation of the upward movement, emphasizing patience in waiting for the high point to sell. It is important not to overstay your welcome; this is a "minimum loss exit window," not an opportunity for aggressive short-term trading. It is suitable for trend investors who patiently wait for BTC to rise before gradually realizing profits.

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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