1. The current recommended direction is to short BTC. A 20x short position has recently been closed, yielding a profit of 19.62%. The absence of mention of overextended upward movement or a pullback indicates a confirmed downtrend and a clear short-term bearish outlook. 2. Position and risk control recommendations: A heavily leveraged short position (20x leverage) has been successfully closed with a profit. No new positions are currently recommended, implying a strong risk management approach. It is advised to remain vigilant and wait for new entry signals or confirmation of a pullback. 3. Suitable for aggressive short-term short-selling strategies, emphasizing quick entry and exit, avoiding prolonged positions. Suitable for high-leverage short-term speculation; exit promptly after profiting from the trend. Currently, there is no indication to support medium- to long-term holding.
BTC: Summary of Old Demon Community Discussions (10:00:10 ~ 11:00:10)
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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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