1. Current Recommended Direction: BTC still has the potential to reach 80,000. The current 72-71k range is considered a key retracement level, which needs to be held to confirm the continuation of the bullish trend. Until this level is confirmed, it is advisable to remain on the sidelines and not to enter prematurely to avoid the risk of "overextending" the price. 2. Position and Risk Management Recommendations: It is recommended to wait for the price to pull back to one of the two gray support levels before entering. The specific position is not yet clear, but it implies that a tentative, small position should be established. It is emphasized that "BTC will not be touched until the gray box is reached," reflecting strict entry conditions and risk management discipline. No stop-loss or take-profit points are mentioned; the focus is on whether the key support level holds. 3. Suitable Trading Style: This strategy is more suitable for conservative medium-term investment, relying on key support levels to confirm the trend continuation and avoiding blindly chasing highs. It emphasizes that "holding the key retracement level is a prerequisite for the continuation of the bullish trend." It is not suitable for aggressive short-term trading with quick in-and-out trades; patience is advised to wait for confirmation and reduce the risk of being overextended by the price.
BTC: Summary of The Lab-ken community discussion (22:00:10 ~ 23:00:10)
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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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