$BTC This is a typical prelude to a “pump-and-dump.” The market right now is “boiling a frog in warm water”🐸



Live trading strategies
Strategy 1️⃣: Range-bound trading is currently best for selling at highs and buying at lows
● Long entry points: wait for the price to pull back to the 63,800 - 64,000 range and stabilize
● Stop-loss: if it drops below 63,500, exit decisively
● Take-profit: first target 64,500; second target 64,700.
● Short entry points: if the price rebounds to around 64,500 - 64,700 and meets resistance
● Stop-loss: if it holds above 64,800, stop out.
● Take-profit: first target 64,000; second target 63,800.

Strategy 2️⃣: Breakout follow #BTC
● Upward breakout: if the 1-hour K-line’s body closes and holds above 64,800, it suggests a move to challenge the previous high of 64,692; you can cautiously chase a long with targets at 65,000.
● Downward breakdown: if it effectively falls below 63,500, it indicates the rebound is over and it will most likely test 62,500 or even lower.
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GateUser-8ca669fd
· 10h ago
The metaphor of boiling a frog in warm water is so vivid—it’s basically now a contest of who has better patience.
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DaoAfterparty
· 10h ago
Did the “upward breakout” in Strategy 2 get written incorrectly? Which is higher: 64,800 or 64,692?
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Frost-ColoredCubeCity
· 10h ago
For this market, I choose to wait and see; during the pump-and-dump stage, it’s best to stay put and not move around too much.
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Don'tCallMeABagHolder.
· 10h ago
Going long on dips at high altitudes is fine, but when the real breakout happens, do you dare to chase it?
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PeonyMemo
· 11h ago
I placed a long order at 63,800 and it broke; it ran below 63,500—my stop-loss was set a bit too tight.
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