BTC: Summary of Jayson Casper community discussion (04:00:10 ~ 05:00:10)

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1. Current Recommended Direction There is a $5 million order book for BTC below today's low, suggesting a possible stop-loss order movement. This suggests a tendency to tentatively long and use the low support to set up a short-term rebound. 2. Position and Risk Management Recommendations: We suggest entering with a small initial position, focusing on the 5-minute order book support level. After confirmation of a stop-loss order, you can gradually add to your position. We recommend setting a stop-loss slightly below today's low. Take-profit orders should be adjusted flexibly based on the strength of the rebound; there is no clear indication of a long-term holding strategy. 3. Suitable for trading styles: This strategy is suitable for aggressive short-term traders, focusing on using order book sweep signals to quickly enter and exit the market. It is recommended to enter and exit quickly, avoid holding positions for too long, and seize the short-term burst window of "sweep entry".

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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