BTC: Three Horses Contract VIP Channel (Pinned Strategy Effective) - Community Discussion Summary (17:00:10 ~ 18:00:10)

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1. Current Recommended Direction - BTC is currently leaning towards a wait-and-see approach, with no clear long signal yet. Pay close attention to the 69588 support level; if it fails to hold, it will test 67588, 65888, and the extreme low is 60888 USD. - I previously tried to long around 70998, with a profit target of 75000 and a stop loss of 67000, but the operation has been terminated. I will wait for the market to open and see if there is a "violent spike" before making a decision. - There is a clear preference for a "wait for a pullback before entering a position" strategy. It is not recommended to blindly chase the rally to avoid the risk of "overextending the rally". 2. Position and Risk Management Recommendations - 70% of the position has been reduced, and the actual recommendation is to sell all positions to reflect prudent risk control. - When going long, use 100x leverage, keep the position size at 2%-3% margin, and keep the liquidation line at 50,000 USDT or below. - Set the take-profit target at 75,000 and the stop-loss at 67,000 to clearly define the risk control range. - Pay attention to the key support level of 69588. If it breaks below, be cautious about adding to your position or repositioning. 3. Adapt to trading styles - Suitable for aggressive short-term traders, enabling quick responses to "violent spikes" in market conditions. - It is not advisable to linger in the battle; the emphasis is on "we should have all run away just now," reflecting a quick in-and-out strategy. - There are currently no clear trend catalysts, and the strategy focuses on risk control and flexible response.

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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