BTC: Summary of Discussions in The Lab-cryart Community (17:00:09 ~ 18:00:09)

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1. Current Recommended Direction - BTC has formed a bearish divergence on the 2-hour chart, indicating short-term downward pressure. - We need to wait for confirmation of the "reversal imbalance" signal; otherwise, we should be cautious about shorting or remain on the sidelines. - There are currently no clear guidelines for overextending the price or tentatively establishing positions. Focus on the reversal of the imbalance before considering long. 2. Position and Risk Management Recommendations - It is recommended to wait for a key imbalance reversal signal before considering intervention; it is not advisable to take a heavy position or chase the price up at present. - A trial order or light position entry strategy can be adopted to build positions in batches and avoid the risk of going all in at once; - Specific profit-taking and stop-loss orders and price levels should be executed in conjunction with the positions marked on the chart, emphasizing the details of execution. 3. Adapt to trading styles - This strategy is more suitable for stable short-to-medium-term trading and emphasizes confirmation of technical patterns; - Suitable for rhythm trading based on structural imbalances and divergence signals, non-aggressive quick in and out; - It is recommended to strictly adhere to discipline and avoid holding positions for too long before a reversal is confirmed; instead, focus on trading with the trend.

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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