BTC: Summary of Advanced Bitcoin Community Discussions by Tiafilo (18:00:09 ~ 19:00:09)

1. Current Recommended Direction - BTC maintains its weekly downtrend and is currently in a consolidation phase. It is more likely to break down in the end, so short is better than long . - In the short term, pay attention to 89.5 and 86.5 as trigger points. There is a possibility of tentatively establishing positions at lower levels, but 80.6 is not considered the bottom and lacks support for large-scale liquidation. - If the price successfully breaks above 96, consider going long, but remain cautious overall and wait for the S&P 500 to weaken and create downside potential. 2. Position and Risk Management Recommendations - It is recommended to have a larger short position than a long , with a heavy short position preferred. For short positions, it is advisable to remain on the sidelines and wait for a breakout signal before taking action. - Observe key price trigger points of 80.6, 86.5, 89.5, and 96 as entry or stop-loss points. Operations should closely monitor the weekly and daily trends. - The current operation is difficult, so it is recommended to hold daily trend orders to avoid being squeezed out by frequent trading. 3. Adapt to trading styles - Suitable for steady trend investing, relying heavily on weekly and daily trend judgments, and not suitable for aggressive short-term chasing of highs and lows. - The trading rhythm leans towards patient waiting, suitable for following the trend, but given the macro risk appetite, quick entry and exit carries significant risk. - Pay attention to changes in macroeconomic catalysts such as the S&P 500. The overall environment for risky assets is unfavorable, so be wary of rebounds that could become opportunities to exit.