BTC: Summary of Tia's Advanced Ladder Community Discussion (12:00:10 ~ 13:00:10)

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1. Current Recommended Direction BTC is currently in a rebound phase. Short-term long long are recommended to clear short-term stop-loss orders, with a focus on the rebound resistance in the 68-69k liquidity zone. The price is expected to first rise to around 68-69k, forming a lower high, before potentially retracing to consolidate lower liquidity levels. Be wary of a short squeeze rebound that may be unsustainable, potentially employing a deceptive tactic of "first driving shorts to despair, then driving longs to despair." If the key resistance at 72k is broken with increased volume, the strategy needs to be adjusted. 2. Position and Risk Management Recommendations: It is recommended to use controlled positions for initial trades, implementing a true/false breakout trading plan around the key resistance level of 68-69k. Pay close attention to the three-week CVAL and the current month's developing VAL (approximately 67763) as significant resistance levels. In terms of trading strategy, it is advisable to gradually add to positions and set stop-loss orders to mitigate the risk of a second dip from an unfinished low. Short-term profit-taking can be considered in the 68-69k liquidity honeycomb area; a break above 72k could warrant adding to or holding the position. 3. Suitable for Trading Styles: This strategy is suitable for aggressive short-term traders who aim to profit quickly from short squeezes, emphasizing that "a rebound is a window to escape." It is not suitable for conservative medium- to long-term holding, as there are still liquidity gaps to be filled below. Operations require flexibility and quick entry and exit; be wary of being trapped by market reversals and avoid holding positions for too long. Pay attention to trading volume and breakouts of key resistance levels as signals for potential corrections.

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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