BTC: Vivian-btc Daily Community Discussion Summary (08:00:09 ~ 09:00:09)

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1. The current recommendation is to short BTC, with a clear entry point below $70,000, implying that $70,000 is a key resistance level. The current bias is to short on short, without mentioning overextending the price or tentative entry points. The direction is clear. 2. The position and risk control recommendations do not specify the position size, but the entry point is clear. It is suitable to wait for the price to fall below 70,000 before entering a short short, implying a logic of gradually adding to the position. There are no clear profit-taking and stop-loss guidelines. It is recommended to use 70,000 as a short-term risk control point and stop loss if it is broken. 3. Suitable for trading styles: This strategy is geared towards aggressive short-term trading, suitable for quickly capturing pullback opportunities below 70,000. It emphasizes quick entry and short, and is not suitable for holding positions for too long. It focuses on the short-term price fluctuation rhythm.

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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