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A noteworthy signal has been identified: Shu Qin has made a bearish prediction on BTC. This particular position is quite interesting, not the typical chasing highs and selling lows. The entry and stop-loss are already set there.
Direction: Short
Currency: BTC
Entry: 6.49-6.53
Original message: Bitcoin
Direction: Short
Entry: Near 6.49-65.3k
Confidence level: Medium
Leverage: 10x
Position size: 10%
Take profit: Point 1: Near 6.4 (conservative) Point 2: Near 6.33 Point 3: 6.23
Stop loss: Slightly above 6.6
Reason: The 65.3k resistance is still workable, and a pullback can be expected here.
Note: Do not place orders at integer levels, as they are hard to execute. Place orders slightly below the resistance zone for easier execution. Currently, due to many fake breakouts and fake breakdowns, to prevent this, we set the stop loss a bit higher, lower the risk-reward ratio, and significantly increase the probability of winning.