BTC: Summary of Discussions in The Lab-ken Community (03:00:10 ~ 04:00:10)

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1. Current Recommended Direction - It is recommended to wait and see if BTC retraces to the low of the value zone around $60,000, which can be considered a potential local bottom. - Consider long once the price reaches this level, with a target of $80,000. - It is anticipated that a bearish capitulation sell-off may occur around $40,000, followed by a period of consolidation and accumulation, awaiting the next wave of upward momentum. - We do not recommend aggressive upward movement at this time, but emphasize waiting for a structural pullback to confirm the bottom. 2. Position and Risk Management Recommendations - It is recommended to tentatively establish a position around $60,000, with a focus on a small position size. - If a local bottom is confirmed, you can gradually increase long with a target price of $80,000. - Pay attention to the midpoint of $40,000 as a potential major bottom and an important risk control point. Be cautious if the price falls below this level. - There are no specific profit-taking or stop-loss points, but the emphasis is on phased entry and patiently waiting for market confirmation. 3. Adapt to trading styles - Suitable for a stable medium-term investment strategy, waiting for the trend to reverse after a structural bottom is formed. - The strategy is based on market sentiment catalysts such as value zone pullbacks and bear market capitulation selling. - We do not recommend aggressive short-term trading or blindly chasing rallies. We emphasize a patient strategy of "bottoming long". - Suitable for investors who are patient enough to wait for the period of consolidation and accumulation, and should avoid those who are prone to holding positions for too long.

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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