BTC: TraderCash Community Discussion Summary (22:00:11 ~ 23:00:11)

1. Current recommendation: Wait and see. It is clearly stated that the current price movement is a "bull trap," and long is not advised to avoid chasing the price higher. There is a risk of further decline; therefore, tentative positions or overextending the price upwards are not recommended at this time. 2. Position and Risk Management Recommendations: It is recommended to cancel all limit buy orders and avoid risky entry into the market. Lightly placed initial trades or gradually increasing positions are not advised. While specific profit-taking and stop-loss points are not given, the emphasis is on "not risking any funds for this," implying strict risk management. It is recommended to remain on the sidelines and wait for clearer signals. 3. Suitability for Trading Styles: This strategy is suitable for conservative, risk-averse investors, emphasizing avoiding aggressive trading such as chasing highs and selling lows. It is not suitable for aggressive short-term trading or holding positions for too long. It is recommended to wait for signal updates after next Monday. This strategy is suitable for trend investors who want to act only after a clear direction is confirmed.