1. The current recommended strategy is primarily short, waiting for a dead cat bounce to short. BTC has been consolidating for 40 days. While the 4-hour chart shows strength above the Proof of Value (PoC), it's more advisable to wait for a rebound before shorting. Monthly and longer timeframes (1M, 2M, 1Y) are all bearish. Short-term opportunities to long on a rebound in early 2026 can be considered. Overall, the outlook is bearish. 2. Position and Risk Management Recommendations: The ideal entry point for adding to short positions is around 108300. This level represents a significant 61.8% retracement, the previous consolidation zone's Proof of Conformity (PoC), and an untested SVP (Short Term Invalidation), considered the last line of defense in a bear market. Operationally, it is recommended to initiate a short position or use a small position size, gradually adding to the position after confirming a dead cat bounce. The larger timeframe is bearish; short-term rebounds can be used to consider shorting with small long positions. There are no specific stop-loss or take-profit points, but attention should be paid to the monthly closing price and the performance at the 108300 resistance level. 3. Suitable for a Conservative Medium-Term Short Position: This strategy is suitable for a conservative medium-term short position, combining long-term bearish signals with short opportunities on rebounds after liquidity recovers. It emphasizes waiting for "dead cat bounces"to short, avoiding blindly chasing rallies, and favoring quick in-and-out trades. Short-term rebounds are crucial for exiting positions; be wary of overextended rallies. Overall, aggressive long positions are not recommended; the strategy leans towards trend investing and precise timing.
BTC: Summary of Advanced Bitcoin Community Discussions by Tiafilo (13:00:09 ~ 14:00:09)
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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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