BTC: Summary of the Theafiro community discussion (21:00:05 ~ 22:00:05)

1. Current Recommended Trading Strategy - Primarily focus on the BYbit BTC/USDT trading pair, implying that the focus should be on this contract rather than the spot BTC/USD; - Observe the funding rate of the BTC/USD coin-margined contract to assess bullish/bearish sentiment and potential overtrading risk; - Emphasis is placed on using funding rates to determine if there are signs of overtrading, suggesting a possible short-term correction and implying a tendency to wait and see or wait for a pullback. 2. Position and Risk Management Recommendations - It is recommended to use BYbit BTC/USDT as the primary trading instrument, using funding rates to determine entry timing; - The absence of explicit mention of heavy positions or gradual position sizing implies a cautious approach, suggesting that light or exploratory positions are advisable; - No specific stop-loss or take-profit levels or timeframes are provided, but emphasis is placed on dynamically adjusting positions based on funding rates, paying attention to the risks of changes in funding conditions. 3. Suitability for Trading Styles - This strategy is suitable for short-term or aggressive traders who focus on funding rate signals to quickly capture market fluctuations; - It combines funding rate analysis to determine bullish or bearish sentiment, suitable for quick entries and exits, avoiding long-term holding and blindly clinging to positions; - It is suitable for high-frequency trading or swing trading that uses funding rate as a catalyst, emphasizing flexible responses to market rhythms.