BTC: Summary of the Theafiro community discussion (04:00:10 ~ 05:00:10)

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1. The current recommendation is to long on BTC, based on the continued negative interest rates, which suggests that another wave of upward movement is expected, implying that the short-term upward movement has overdrawn the market's potential. 2. Position and Risk Control Recommendations: It is recommended to moderately increase positions and gradually enter the market using negative fee signals. There are currently no clear profit-taking or stop-loss points, but the implied "it will rise further" suggests that you can follow the upward trend. Be aware that a pullback may occur after the rise. 3. Suitable for aggressive short-term trading, seizing the upward window catalyzed by negative fees, emphasizing rapid follow-up and trend-following position additions, being wary of the risk of pullback after the upward surge is overextended, and not being overly attached to the position.

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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