1. Current Recommendation We suggest paying attention to the strengthening of the SOL/BTC exchange rate on the daily chart, suggesting a potential independent upward move for SOL, indirectly indicating a bullish outlook for BTC. However, we caution against being misled by a single indicator and advise against blindly chasing the price upwards or making tentative entries. 2. Position and Risk Management Recommendations While no specific BTC position recommendations are given, we emphasize that "a high win rate cannot rely on a single technical indicator," implying cautious trading. We recommend gradually building positions after confirmation from multiple indicators, paying close attention to risk control. There are currently no specific stop-loss or take-profit levels or timeframes. 3. Suitable Trading Style This strategy is suitable for stable medium-term trend following, combining daily chart signals with multi-indicator confirmation. We discourage aggressive short-term chasing of the price upwards and remind investors to remain rational and avoid holding positions for too long. It is advisable to wait for confirmation before entering a position.
BTC: Summary of discussions in the Bidaoge community (12:00:07 ~ 13:00:07)
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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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