1. Current Recommended Direction - A clear recommendation to short BTC is given, referred to as "short(try again)," indicating a strong bearish sentiment. - It is believed that 72000 is a clear high point of the trading range, with huge resistance, and the failure to long at 67588 suggests that the bullish trend is unlikely to be sustained. - If the bulls cannot hold on, BTC is expected to fall back to the 66,000 range, confirming short-term bearish dominance. - Reject the bulls' illusion of a "CME gap at 84000", emphasizing the heavy resistance above. 2. Position and Risk Management Recommendations - We recommend two main short entry methods: 1) Entering the market at around 68,900 with 100x leverage and 2% margin is a quick entry and heavy position attempt. 2) Place an order at 71200, with 100x leverage and 3% margin, and wait for a higher price to test the waters by adding to the position. - Set profit targets at three tiers: 67588, 66588, and 65000, and exit in batches to lock in profits. - The stop loss is strictly set at 72400; if it is broken, the stop loss will be triggered and the position will be closed. - It is recommended to move the stop loss to break even after 50% of the position has made a profit, in order to avoid drawdowns eroding profits. 3. Adapt to trading styles - Clearly biased towards aggressive short-term high-leverage operations, rapid entry and exit, and heavy short. - Emphasizing "short selling with 50% position profit and trailing stop loss" reflects quick entry and exit and effective risk control. - Suitable for aggressive traders who have a clear understanding of short-term trading ranges and can respond quickly to market fluctuations. - Avoid getting caught up in a losing position; emphasize stop-loss and phased profit-taking to prevent being wiped out by a rebound.
BTC: Three Horses Contract VIP Channel (Pinned Strategy Effective) - Community Discussion Summary (22:00:10 ~ 23:00:10)
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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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