BTC: Vivian-eth Daily Community Discussion Summary (21:00:06 ~ 22:00:06)

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1. Current Recommendation: It is recommended to remain on the sidelines. The current price represents the minimum loss exit point for Ethereum bullish swing trades. If you are patient enough to wait until Christmas, Bitcoin will offer higher closing opportunities in the $98,000-$101,000 range, suggesting a bullish outlook but requiring patience; it is not advisable to rush into higher prices. 2. Position and Risk Management Recommendations: It is recommended to exit current Ethereum bullish swing positions to control losses. Wait for Bitcoin to rise to $98k-$101k before considering a larger position or closing at a higher level. The emphasis on a long waiting period implies a medium- to long-term holding strategy. No specific stop-loss point is specified, but the holiday period is suggested as a time benchmark. 3. Suitable Trading Style: This strategy is suitable for conservative medium-term investors who patiently wait for a Bitcoin rally triggered by holiday catalysts. The "long waiting period" is a reminder that it is not suitable for aggressive short-term trading with quick in-and-out trades. The current focus should be on "exiting with minimal loss" to avoid "holding on" and incurring greater losses.

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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