1. Current Recommended Direction - If BTC can regain $70,000, it is recommended to long with a target of $0.008. This is a typical swing trading opportunity, suggesting significant upside potential. If BTC fails to return to $70,000 tonight, the intraday trend is bearish, with a target of $0.00586 (corresponding to the monthly opening price), indicating significant short-term downward pressure. 2. Position and Risk Management Recommendations - It is recommended to make a tentative entry at the key level of $70,000. If the price holds above this level, gradually increase the position in a swing trading strategy. If the price fails to break through 70,000, it is advisable to operate with a light position or no position at all, pay attention to the 0.00586 support level, and be prepared to stop loss. - Clearly define key intraday and monthly price levels as references for profit taking and stop loss, emphasizing the time point as "tonight," and indicating the pace of short-term operations. 3. Adapt to trading styles - This strategy is suitable for aggressive short-term and swing traders who can quickly adjust their positions based on changes in the key $70,000 level to capitalize on rebounds or pullbacks. - Emphasizing the target price "tonight", it suggests quick entry and exit, and advises against holding positions for too long. It is suitable for short-term traders who can flexibly adapt to market rhythms.
BTC: Summary of Vivian's Intraday Trading Strategy Community Discussion (04:00:09 ~ 05:00:09)
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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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