BTC: Summary of the Theafiro community discussion (22:00:06 ~ 23:00:06)

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1. Current Recommendation: It is recommended to remain on the sidelines and not follow BTC's high opening trend, suggesting that the current rally may be overextended and to avoid blindly chasing the price higher. 2. Position and Risk Management Recommendations: No specific position sizing recommendations are given. The implication is to avoid heavy positions chasing the price higher and to wait for a pullback or a clearer signal before taking action. 3. Suitable Trading Style: Suitable for conservative short-to-medium-term traders who prefer to observe or wait for confirmation. Aggressive chasing of the price higher is not recommended; caution is emphasized to avoid buying high and selling low.

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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