BTC: Summary of the Theafiro community discussion (01:00:06 ~ 02:00:06)

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1. Current Recommended Direction BTC has shown strong resilience. Despite the lower opening and continued decline in US stocks, BTC did not experience a sharp drop, indicating strong support at the bottom. Currently, it is recommended to remain on the sidelines and wait for signals of further upward movement or a pullback. Avoid rushing into long or short positions and maintain a tentative approach to establishing positions. 2. Position and Risk Management Recommendations: We suggest starting with small positions and proceeding cautiously, avoiding heavy investment when short-term risks in the US stock market intensify. Stop-loss orders should be set based on subsequent price pullbacks, paying attention to key support levels; specific price points are not yet clearly defined. We emphasize controlling position size and avoiding blindly chasing highs; any gradual additions to positions should only be based on clear confirmation signals. 3. This trading style is suitable for conservative medium-term investors, who should proceed cautiously in conjunction with the macroeconomic trends of the US stock market. The strategy leans towards waiting for a clear direction before following it, avoiding aggressive short-term trading or overstaying positions. Investors are reminded to pay attention to market risk sentiment, adjust positions flexibly, and avoid impulsive decisions.

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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