BTC: Summary of the Lab-cryart community discussion (20:00:10 ~ 21:00:10)

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1. Current Recommended Direction The key BTC block is currently located between 66.5k and 66k. The market needs to sweep through or touch this block to absorb liquidity, suggesting a possible short-term pullback or tentative downward move. The overall strategy is to wait for the liquidity pool to be activated before deciding on the next direction. Blindly chasing the market up or down is not recommended at this time; a wait-and-see approach is advised. 2. Position and Risk Management Recommendations It is recommended to start with a small position, paying attention to the liquidity reaction in the 66.5k-66k range. Avoid heavy positions chasing highs. Stop-loss orders can be placed several hundred dollars below this key block. Take-profit orders should be adjusted based on the strength of the rebound after the liquidity is touched. The trading rhythm should involve gradually adding to the position, avoiding a full position at once, and strictly controlling risk. 3. Suitable Trading Style This strategy is suitable for aggressive short-term traders who use the rapid fluctuations caused by key block liquidity sweeps to profit from price differences. It emphasizes that "sweeping will inevitably lead to action, and rebounds are the window to escape." This is not suitable for conservative medium- to long-term investors. It is recommended to enter and exit positions quickly to avoid getting trapped.

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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