BTC: Three Horses Contract VIP Channel (Pinned Strategy Effective) - Community Discussion Summary (01:00:10 ~ 02:00:10)

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1. Current recommendation: Short BTC. We believe we are in the early stages of a bear market. Even if the $84,000 gap is filled in the short term, it will continue to plummet to around $50,000. We are clearly bearish on the market outlook, emphasizing that the "rallied rally has been overextended" and a subsequent sharp decline is inevitable. 2. Position and Risk Management Recommendations: It is recommended to maintain a light position or remain on the sidelines to avoid chasing highs and filling gaps during rebounds. While specific profit-taking and stop-loss points are not explicitly stated, $50,000 is implied as a significant support level and can be used as a potential stop-loss reference price. Trading should be cautious to avoid being trapped by the misconception that "a rebound is a window to escape." 3. This trading style is suitable for aggressive short-term traders and trend- short. It relies on the analysis of the major trend in the early stages of a bear market, emphasizing following the trend and being wary of pullback traps. The strategy leans towards quick entry and exit, avoiding prolonged positions, and seizing opportunities after a "price surge" followed by a decline.

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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