1. Current Recommended Direction Binance and OKX are about to launch pre-market trading for FOGO perpetual contracts, suggesting that funds are expected to enter the market in the short term. This is a good time to tentatively establish positions. Pay close attention to whether there are signs of a surge after the market opens. If the price stabilizes above key levels, you can consider adding to your position. Otherwise, be wary of the risk of a pullback. 2. Position and Risk Control Recommendations: It is recommended to enter with a small initial position, observe liquidity and buying strength during pre-market trading, and strictly control position size to avoid going all in. Pay close attention to price fluctuations during the trading All In, set reasonable stop-loss points to prevent rapid pullbacks, and treat "rebounds as escape windows" to avoid chasing highs. 3. Suitable for aggressive short-term trading, leveraging the volatility opportunities of pre-market trading in perpetual contracts to quickly enter and exit positions and capture the initial upward momentum; not suitable for long-term holding to avoid being trapped by pullbacks and shakeouts; operations require flexibility and decisiveness, following the market rhythm to enter and exit quickly.
FOGO: Summary of Discussions in Orange's Mute Group (Daily Market Analysis) (09:00:09 ~ 10:00:09)
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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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