1. Current Recommended Direction For BTC in the short term, pay attention to the key level of 66900-67100. At present, we are inclined to make tentative positions and pay close attention to the breakout of the 67100 daily line, which is the dividing line between bullish and bearish. If it breaks through the 67000 resistance, we can be moderately bullish, but we need to be wary of the risk of "overextension". If it fails to hold 67000, we prefer to wait and see or short with a small short. 2. Position and Risk Management Recommendations: It is recommended to use light positions for initial trades, focusing on the two key support levels and dividing lines of 66900 and 67100. Stop loss can be set below 66600, and take profit in batches at the resistance levels of 67400 and 68000. It is recommended to trade quickly in and out, avoiding blindly chasing highs as if "a rebound is a window to escape". 3. Adaptable to Trading Styles: This strategy is more suitable for a combination of aggressive short-term and conservative medium-term trading. It involves repeatedly testing and adjusting positions based on key levels, emphasizing the logic of "trial entry" and "gradual addition." It is not advisable to hold large positions for the long term. It is suitable for capturing short-term swing trading opportunities and should be wary of rapid pullbacks after a surge.
BTC: Summary of Red Dead Redemption Community Discussions (10:00:11 ~ 11:00:11)
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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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