BTC: TraderCash Community Discussion Summary (20:00:09 ~ 21:00:09)

1. The current recommendation is to long on BTC, focusing on the strong support area around $65,192.3, with an expected rebound to $69,300.8 to $73,360.4. This rebound may be due to a short squeeze caused by excessive short positions, a "price surge overextended." A larger decline is anticipated afterward, targeting the monthly support level of $58,950, reflecting a "wait for a pullback" strategy. The recommended approach is to tentatively establish positions, closely observing the nPOC reaction to confirm the entry signal. 2. Position and Risk Management Recommendations: A limit buy entry is recommended, with an entry price of $65,192.3 and an initial stop-loss at $63,211.4, later adjusted to a tighter stop-loss at $64,406.9. This reflects a "sniper entry" strategy, minimizing losses if a breakout occurs. Target prices are $69,300.8 and $73,360.4 respectively. A small position size is recommended for initial testing, relying on nPOC signals for precise entry, and strict stop-loss management to prevent significant drawdowns. 3. Suitable for Trading Styles: This strategy is suitable for aggressive short-term traders who aim to quickly profit from short squeezes caused by accumulated short positions. It emphasizes "sniping entry" and "tight stop-loss" to control risk. The trading pace is fast, emphasizing quick entry and exit, and caution is advised against being "overextended" by a rebound followed by a rapid reversal and decline. It is suitable for traders sensitive to short-term fluctuations and capable of timely position adjustments. It reminds traders not to hold positions for too long and to strictly protect capital with stop-loss orders.