BTC: Vivian-btc Daily Community Discussion Summary (20:00:10 ~ 21:00:10)

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1. Current Recommended Direction - BTC recently fell from 75k to 64k, a relatively small drop, suggesting this short-term correction is a normal pullback and there's no need to panic. - As Bitcoin and other assets have fallen below last year's lows, the overall market is weak, and blindly chasing the rally is not recommended at this time. - A KOL explicitly stated, "I only buy BTC when I post," implying that now is not the right time to buy. It's advisable to wait for confirmation signals before establishing a position. 2. Position Size and Risk Management Recommendations - It's recommended to wait for clear KOL guidance before buying BTC, suggesting that heavy positions or blind entry are not suitable at this time. - No specific stop-loss or take-profit points are specified, but the implied strategy is "trial entry." A small initial position may be suggested, with gradual additions after confirmation of the price action. - Price reference point: 75k to 64k range. The current price is in a pullback phase, so caution is advised. 3. Suitable Trading Style - The strategy leans towards a stable medium-term approach, emphasizing waiting for clear buy signals before taking action to avoid aggressively chasing highs or panic selling. - Suitable for trend-following investors who use KOL posts as entry catalysts. - The explicit reminder "I will only buy if I post" suggests that quick in-and-out trading or frequent trading carries significant risk and should not be held for too long.

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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