BTC: Rose Community Discussion Summary (09:00:09 ~ 10:00:09)

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1. Current Recommended Direction: After two consecutive days of rollercoaster-like volatility, BTC has stabilized around 69,420, suggesting intense competition between bulls and bears in the short term. A wait-and-see approach is recommended, as there are no clear signals of a potential breakout or deep pullback. Caution is advised; wait for a confirmed breakout before entering the market. 2. Position Size and Risk Management Recommendations: Light positions are recommended to avoid chasing highs. Establish reasonable stop-loss orders to prevent losses from short-term fluctuations. No specific take-profit point is currently defined. Observe price fluctuations dynamically and build positions gradually, adding to positions in batches. Control position size to mitigate the risk of market reversals. 3. Suitable Trading Style: This strategy is suitable for conservative short-to-medium-term trading, emphasizing trend following and avoiding prolonged holding. With no clear catalysts in the current market, quick entry and exit are recommended to avoid prolonged holding and the pressure of volatility. Aggressive short-term traders can try small initial trades, while trend investors should wait for a clear breakout signal before entering the market.

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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