BTC: Summary of hummus community discussions (07:00:10 ~ 08:00:10)

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1. Current Recommended Direction BTC is clearly long, with a long position opened at 50x leverage at an opening price of approximately 66274. There are no statements such as "overextended rally," "waiting for a pullback," or "tentative entry," indicating an overall strong bullish bias. 2. Position and Risk Management Recommendations: We recommend holding a small long position in BTC, gradually reducing it from approximately 0.8% to around 0.80%. Previously, the position was heavily invested at nearly 0.9%, and this reduction reflects an intention to control risk. The lack of clear profit-taking or stop-loss signals or timeframes, coupled with rapid position adjustments, suggests the need for close monitoring of price fluctuations. 3. This trading style is suitable for aggressive short-term or high-frequency trading, utilizing 50x leverage for rapid speculation. Positions are frequently changed, and there are no indications of long-term holding strategies. The strategy lacks a clear catalyst; traders are advised to be flexible, enter and exit positions quickly, and avoid holding positions for too long.

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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