Direction: Short Entry: 72,400-72,800 Take Profit: Level 1: Around 70,800 (conservative approach) Level 2: 69,600 Stop Loss: Slight break above 74,000. If trading a 2x long-term position, you can skip the stop loss and let it naturally come down later. Personal Thoughts: Don't place orders at round numbers as they're difficult to fill. Place orders slightly below resistance levels for easier execution. Currently, due to many false breakdowns and false breakouts, to prevent such situations, we set the stop loss higher, reduce the reward-to-risk ratio, and significantly increase the win rate for trading. #Gate13周年全球庆典 $BTC
Bitcoin
Direction: Short
Entry: 72,400-72,800
Take Profit: Level 1: Around 70,800 (conservative approach) Level 2: 69,600
Stop Loss: Slight break above 74,000. If trading a 2x long-term position, you can skip the stop loss and let it naturally come down later.
Personal Thoughts: Don't place orders at round numbers as they're difficult to fill. Place orders slightly below resistance levels for easier execution. Currently, due to many false breakdowns and false breakouts, to prevent such situations, we set the stop loss higher, reduce the reward-to-risk ratio, and significantly increase the win rate for trading. #Gate13周年全球庆典 $BTC