BTC: Orange's Mute Group (Daily Market Analysis) Community Discussion Summary (09:00:10 ~ 10:00:10)

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1. Current Recommended Direction - BTC is currently in a bottoming phase, with selling pressure weakening. It is recommended to tentatively establish positions to capitalize on the bottoming opportunity. - The market has not yet shown clear signs of overextending itself, and there is a risk of a short-term pullback. Maintain a cautious wait-and-see approach and gradually build positions. 2. Position and Risk Management Recommendations - It is recommended to enter with a small position, using a trial-and-error strategy to avoid large, one-time positions and mitigate the risk of a pullback. - You can refer to Strategy's accumulation cost (approximately $76,000) as a psychological support level and set a stop-loss below this level to control risk. - Pay close attention to short-term price fluctuations and gradually add to positions as appropriate, avoiding chasing highs. 3. Suitable Trading Style - Suitable for a stable medium-term strategy, based on bottoming signals indicating weakening selling pressure. - Aggressive short-term trading with quick entries and exits is not recommended, nor is excessive holding. Maintain patience and wait for clear market signals. - Pay attention to macroeconomic catalysts, such as personnel changes at the Federal Reserve and geopolitical negotiations in the Middle East, and use news-driven opportunities for opportunistic trading.

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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