BTC: Summary of the Theafiro community discussion (11:00:06 ~ 12:00:06)

This article is machine translated
Show original

1. The current community's assessment of BTC's price movement is tentative, focusing on whether BTC breaks below a specific support level to confirm whether it is unlikely to return to 97,000. This suggests that BTC is currently near a key support level, and there is no clear direction for long or short. Instead, the community tends to wait for confirmation signals before taking action, reflecting a cautious wait-and-see approach and a tentative approach to establishing positions. 2. Position and Risk Management Recommendations: Pay attention to specific price levels (no specific price points are given). Avoid heavy positions until it is confirmed that BTC will not return to 97,000. Consider small initial trades or gradually adding to your position. Stop-loss and take-profit orders should be set based on subsequent confirmation signals. Emphasis should be placed on risk control to avoid premature entry and the risk of overextending yourself during a price surge. 3. This trading strategy leans towards a conservative, wait-and-see approach, suitable for short- to medium-term exploratory positioning. Aggressive chasing of rallies or blindly holding positions is not recommended. It emphasizes waiting for confirmation of key support levels and avoiding overstaying positions. It is suitable for quick in-and-out operations during market pullbacks, flexibly responding to market fluctuations.

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.
Like
Add to Favorites
Comments