Bitcoin market strategy analysis

Core trading strategy:

1. Breakthrough Strategy (Main)
- Long entry point: Enter long when the price breaks through $110,654.
- Target price: $111,960
- Stop loss position: $109,800 (based on the 4-hour candlestick closing price)
- Capital allocation: It is recommended to use a 5% position, with an expected profit-loss ratio of 1:3

2. Callback buying opportunity
- Buy range: Set buy orders between $109,200 and $109,500.
- Stop loss point: $108,900
- Target Price: $110,600

Risk management advice:

1. Risk Hedging Plan
- You can purchase a period option with a strike price of $108,000 above the $110,000 level to hedge against extreme downside risk.

2. Profit Realization Strategy
- If the average cost of the position is below $108,000, it is recommended to reduce the position by 30% at the $110,650 level.
- Further reduce 50% of the position at the $111,950 level.