BTC: Summary of discussions in the Shuqin-banned group (19:00:10 ~ 20:00:10)

1. Current Recommended Strategy: We recommend a long-term short position in BTC with 1x leverage, entering in batches around 116,000, 117,500, and 120,000. We anticipate a drop to 50,000-60,000 by 2026, suggesting this is the last chance to enter. We emphasize that "the price started to fall after the interest rate cut on Thursday," and warn that the bottoming-out process will last 2-3 months. We advise patiently holding the short position, avoiding chasing highs, as the bear market is confirmed and the downtrend is clear. 2. Position Size and Risk Management Recommendations: Enter positions in batches, controlling the position size at 1x leverage, with each entry using 15% of your capital. Do not aim to short at the absolute peak. Set multiple profit targets: 3500 (for stability), 2500, and 1500 (ultimate target; no specific profit target set for ETH; for BTC, we expect it to drop to 50,000-60,000 before considering exiting). Stop-loss orders should be either not set or set too high to prevent false breakouts. The strategy emphasizes that "1x leverage won't result in a margin call, so a stop-loss isn't necessary." Avoid placing orders at round numbers; instead, place them below resistance levels or above support levels to increase the success rate. 3. Suitable Trading Style: Suitable for conservative medium-term trend investing, emphasizing "holding for the long term." Patiently wait for a deep bear market decline, based on the macro catalyst of "Thursday's interest rate cut" triggering a short-selling attack. Investors are reminded that the bottoming process may be lengthy, and it's not advisable to rush out or chase highs and lows. The strategy leans towards placing short orders on rallies, tolerating short-term floating losses, and avoiding aggressive short-term trading.