1. The current recommendation is to short BTC in the 74500-78800 range, clearly indicating a bearish trend. There is no mention of overextending the price or tentatively establishing a position. The overall bias is to short on short and wait for a pullback. 2. Position and Risk Management Recommendations: It is suggested to short short positions around 74500-78800, with a stop-loss set at 81300. Profit targets are divided into three levels: 71400, 68000, and 65300. The trading window is valid for two days, emphasizing capturing short-term pullbacks. While the specific position size is not explicitly stated, it should be approached with a substantial position size, in line with a swing trading strategy. 3. Suitability for Trading Styles: This strategy is suitable for aggressive short-term swing trading, quickly locking in profits, emphasizing rapid entry and exit within two days, and avoiding prolonged positions. It is suitable for buying low and selling high within price ranges to capture short-term pullbacks, but not for long-term holding or trend investing.
BTC: Summary of community discussions with the new team of Crypto Big Brilliant (14:00:10 ~ 15:00:10)
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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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