BTC: Summary of Jayson Casper community discussion (04:00:10 ~ 05:00:10)

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1. Current Recommended Direction BTC has experienced a super rapid surge, reaching a local high. The short-term outlook is bearish, suggesting that the current rise may have been overextended, and caution is advised regarding the risk of a pullback. 2. Position and Risk Control Recommendations: It is recommended to maintain a light position and observe, or reduce positions on rallies, and avoid chasing highs with heavy positions; pay close attention to local high resistance levels, set tight stop-loss orders, and guard against rapid pullbacks; there are no specific time points, but be wary of short-term adjustments. 3. Suitable for aggressive short-term trading, quick in and out, taking advantage of local highs to short; not suitable for holding positions for too long, the current market is fast-paced, rebounds are the window to escape, be cautious about the strength of subsequent rebounds.

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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