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$BTC The current position can be accumulated in multiple batches, but the position should be considered carefully as the current position is actually a bit awkward for multiple positions.
The upper band of the Bollinger Bands is at 80,492, the middle at 80,051, and the lower at 79,609. The current price of 79,870 has already fallen below the middle band, and the three bands are converging, which is a signal of a potential trend reversal, not a time to buy recklessly.
Here are two scripts for accumulating in batches:
First, an aggressive approach: at this position (79,800-79,900), you can start building a small position, based on the logic of betting that the lower band at 79,600 will not break. Place a stop loss below 79,500; if it breaks, it indicates a false breakout confirmation, and you should exit.
Second, a more conservative approach: wait for two conditions before acting: either a volume increase that pushes back above the middle band at 80,050, confirming the end of the correction before adding; or a decline to around 79,600 with decreasing volume, stopping the fall, and then adding at the support level. Don’t wait idly in the middle of the convergence.
Remember to accumulate in batches, with a light initial position, and add only after confirmation. The middle band is not yet stable, rushing to become a big player now could lead to passive situations.