BTC: Summary of the Tiafiro community discussion (14:00:10 ~ 15:00:10)

1. Current Recommended Direction - BTC is currently priced around 60,000, which is considered an important support level at the low end of the Fibonacci retracement and the remaining market share of USDT. It is strongly recommended to go long position to aim for a big rebound. - The downside potential is limited in the near term. Short positions have been closed at the 78k level, and there is no opportunity to re-enter short positions in the short term. The preferred approach is to tentatively establish positions at the bottom and wait for a rebound. 2. Position and Risk Management Recommendations - It is recommended to long with a heavy position around 60,000, and add to the position in batches to reduce the cost. It is emphasized that this is a key low point for a major rebound. - 78k is an important profit-taking point. All short positions have been closed with profits at this level, and it is not recommended to blindly chase the short position. - There is no explicit stop-loss price, but it is implied that you should strictly control the risk by relying on important support levels to avoid a pullback after the price has been overextended. 3. Adapt to trading styles - This strategy is suitable for stable medium-term trend investing, utilizing the bottom-fishing logic of a 5-10 year cycle, emphasizing that BTC has better liquidity than gold, and is suitable for long-term holding. - We discourage aggressive short-term chasing of highs and lows, and suggest patiently waiting for confirmation of a rebound before gradually building positions. - Emphasizing that BTC, as a "treasured asset," has good liquidity and is suitable for phased investment, avoiding overtrading and viewing market fluctuations rationally.