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Here it comes! The target price has been reached, I'm going in first.
Bitcoin
Direction: Long
Entry: Currently around 119,700
Confidence Level: Medium
Multiplier: 20x
Position: 10% each time
Take profit: Point 1: Around 121,800 (for stability) Point 2: Around 123,000
Stop-loss: Slightly dropped below 118,900
Reason: Bitcoin has good support around 119,500. There are quite a few large orders placed above this level, so we can try going long here.
Note: Do not place limit orders at whole numbers, as they are difficult to execute. It is easier to execute orders placed just above support levels. Due to many false breakdowns and false breakouts currently, to prevent such situations, we should set our stop loss a bit lower, adjust the profit-loss ratio downwards, and significantly increase the winning rate for trading.