BTC: Summary of Chen Ge's Contract Community Discussion (09:00:06 ~ 10:00:06)

1. The current recommended direction is that Bitcoin is under the pressure of the downtrend line and the short-term bias remains bearish. Pay close attention to the downtrend line resistance level. There are no obvious signs of a breakout or pullback yet. It is recommended to focus on tentative short and wait cautiously for confirmation of a breakout. 2. Position and Risk Management Recommendations: It is recommended to use small positions for initial trades, strictly control position size, and prevent the risk of liquidation due to trend reversal. Stop-loss orders can be set slightly above the downtrend line. Take profit around short-term support levels. Trading should be quick in and out, avoiding overtrading. 3. Suitable for trading styles: This strategy is suitable for aggressive short-term trading, using the downtrend line resistance to make tentative positions, emphasizing quick entry and exit, and has a high risk appetite. It is not suitable for stable medium- to long-term holding, and it is important to guard against false breakouts and rebound exit windows.