SOL: Summary of Advanced Bitcoin Community Discussions (16:00:08 ~ 17:00:08)

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1. Current Recommended Direction - The macro environment is bearish, and only short selling is allowed; long positions are limited to pullbacks after a false breakout failure and are not for trend holding. - There is a short-term intention to tentatively long. If the 1-hour chart closes above 88.2k for two or more consecutive days, consider adding to the long position; otherwise, if it is a false breakout and the CVD weakens, close all long positions. - The price is in a triangle pattern between the daily trend line and the 4-hour upward trend line, indicating a critical juncture. Short-term rebounds are possible, but the overall trend is bearish. 2. Position and Risk Management Recommendations - Long positions were initiated with small positions, and half of the long positions have been closed. To add to the position, the price must remain above 88.2k for one consecutive hour. - If a false breakout is followed by a pullback and the trading volume (CVD) weakens, all long positions should be closed, emphasizing stop-loss discipline. - Pay attention to the key price levels of 86.8k (lower support) and 88.2k (resistance), and trade within this range. 3. Adapt to trading styles - Suitable for aggressive short-term trading, quick in and out, use rebounds as an escape window, not for lingering in the market. Given the bearish macroeconomic environment, long a tentative rebound, and the main trend remains bearish. Short-term single-bet rebounds offer greater potential. - Suitable for flexibly responding to critical game intervals, seizing short-term rebound opportunities, and paying attention to changes in trading volume as a risk control signal.

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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