BTC: Summary of The Lab-ken community discussion (22:00:10 ~ 23:00:10)

1. Current Recommended Direction BTC has recently shown signs of a local bottom, and it is recommended to continue long, but be aware of the risk of closing positions too early. Pay close attention to the reaction at the 70k price level, as this could be a key point indicating whether the subsequent upward move is overextended or a pullback occurs. It is advisable to wait for clear confirmation of the subsequent trend. 2. Position and Risk Management Recommendations: It is recommended to gradually increase positions rather than taking a large position all at once, to avoid missing out on subsequent profits due to premature closing. Since the bottom has just been confirmed, it is best to start with a small position, paying attention to the breakout or pullback of the 70-minute chart as a signal to add or reduce positions. Stop-loss orders can be set below the local bottom, and take-profit orders should be adjusted flexibly based on the 70-minute chart's reaction. 3. This trading style is more suitable for aggressive short-term traders or conservative medium-term traders. Close monitoring of the market is necessary, and traders should be wary of rebounds that could present an opportunity to exit. The current strategy emphasizes capturing local bottoms but discourages overstaying positions. Quick entry and exit are recommended to avoid the emotional interference of waiting overnight for bottom confirmation. Pay attention to the 70k level as a catalyst, respond flexibly, and maintain trading discipline.