1. The current recommended direction is to short BTC, with an entry price of 88110. There are currently no bullish signals or tentative entry suggestions, and there is no mention of overextending the price or waiting for a pullback. The strategy is clearly bearish. 2. Position and Risk Management Recommendations: A short position is recommended, but the position size is not specified. The stop-loss is set at 90710, approximately 2600 points from the entry price, reflecting relatively strict risk management. There is no take-profit point suggestion; it is recommended to closely monitor price rebound pressure. No specific time frame is specified. 3. This strategy is suitable for aggressive short-term trading, focusing on quick entries and exits with strict stop-loss orders to avoid overtrading. Currently, there are no catalysts to guide the strategy, emphasizing rapid stop-loss to prevent significant drawdowns.
BTC: Summary of discussions in the WWG-hbj community (19:00:06 ~ 20:00:06)
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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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