1. Current Recommended Direction BTC has cleared its hidden divergence, indicating a possible significant reaction in the short term. The current focus is on bearish patterns during the rebound, favoring shorting on short, while being wary of the risk of overextending the rally. 2. Position and Risk Management Recommendations: We suggest starting with a small short position and gradually adding to the position after confirming a bearish pattern. Strictly set stop-loss orders to prevent the rebound from getting out of control. There are currently no clear timeframes or specific price points to indicate, so pay attention to the resistance signals at the rebound highs. 3. Suitable for aggressive short-term trading style, emphasizing "a rebound is a window of opportunity to escape", quickly identifying bearish patterns in a rebound and decisively taking action. It is not advisable to hold positions for too long, focusing on quick entry and exit and seizing short-term pullback opportunities.
BTC: Summary of the Lab-deda community discussion (23:00:11 ~ 00:00:11)
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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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