1. The current recommendation is to remain on the sidelines and wait for confirmation at key price levels. If BTC falls below $73,300, it will confirm a structural breakdown, opening up short-term short opportunities. Be wary of a pullback triggered by a "death cross." If it holds above $73,300, it may rebound to $76,600, offering potential for long positions. However, it is not advisable to blindly chase the price higher, as there is a risk of overextending the price. 2. Position and Risk Management Recommendations: It is recommended to short a short position with a small initial position and wait for confirmation. If the price breaks below $73,300, gradually add to the short position, setting a stop-loss above $73,300. If the price support holds, a small long position can be initiated, with profits gradually realized around $76,600. The trading pace should be fast to prevent repeated pullbacks from eroding profits. 3. Suitable for aggressive short-term trading, relying on low-timeframe death cross signals and structural breakout confirmation for quick entry and exit; trend investing or medium- to long-term holding is not recommended. The current range-bound trading is obvious, and rebounds are the windows to escape. It is essential to strictly implement stop-loss orders to avoid being trapped by over-leveraged rallies.
BTC: Summary of the Lab-deda community discussion (00:00:11 ~ 01:00:11)
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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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