1. The current recommendation is to long on BTC. The current strategy is based on an entry point of $63,957, with a target price of $69,881, reflecting a clear bullish expectation. There is no mention of overextended gains or pullbacks, indicating a trend-following approach and maintaining a positive bullish stance. 2. Position and Risk Management Recommendations: A small position is recommended. An initial stop-loss has been set at $62,680, which will be tightened to a trailing stop-loss at $63,748. The trailing stop-loss carries minimal risk (-0.16R), demonstrating strict risk control. The strategy emphasizes dynamically adjusting stop-losses to protect profits, suitable for gradually locking in gains. There is no specific timeframe, but price levels are clear. 3. This trading style is suitable for conservative medium-term trend investing, using trailing stop-loss orders to lock in profits and avoid greed. The strategy emphasizes risk control and clear objectives, making it suitable for investors who prefer a cautious, follow-the-trend approach. There are no specific catalysts; it relies more on trend continuation.
BTC: Summary of the Lab-ken community discussion (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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