BTC: Summary of discussions in the Shuqin-banned group (04:00:09 ~ 05:00:09)

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1. Current Recommended Direction - BTC short-term support is around 65,000, with a potential rebound of around 2,000 points. Consider short-term long positions in spot trading. - Strong support is around 60,000. If it falls to this level, consider tentatively establishing a position. - Overall, a "wait for pullback" strategy is recommended. Take partial profits on rebounds and wait for a price above 50,000 to accumulate a large position. - Chasing the price upwards is not recommended; the current phase is more of a bear market accumulation phase. 2. Position and Risk Management Recommendations - Short-term light position participation in the rebound is recommended. Take profits in batches when the price reaches the target. - Heavy position entry is not recommended until the key support level (60,000) is reached. - Being trapped can be considered a bear market accumulation strategy; conservative investors may choose to wait and see. - Pay close attention to tonight's US employment data and Friday's CPI. Control position size and avoid chasing highs when the market is unclear. 3. Suitable for various trading styles - Suitable for conservative medium-term investors, using key support levels for exploratory position building and dollar-cost averaging; - Short-term aggressive traders can capitalize on rebounds around 65,000 for quick in-and-out trades; - Emphasizes "no holding on too long," rebounds are seen as exit opportunities, while conservative traders wait for lower prices to establish positions; - Combines macroeconomic data catalysts for trading, trend investing only after the market trend becomes clearer.

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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