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$BTC 1H Support and Resistance Overview, recommended retracement entry points
Initial position: 87348 (conservative, skip this level)
Adding to position: around 86366 (conservative, this is the initial position)
Around 85311 is very extreme, can be ignored; Ethereum will not break the 2785 kill line. Compared to Ethereum, Bitcoin is still relatively stronger for now.
Based on your risk tolerance, stop loss 300-600 points below 86000. If your position is not fully established, do not place meaningless stop losses at illogical levels.
👊 Three good habits for short-term positions:
When unsure whether to take profits, directly take half profit and keep the remaining position at breakeven; this will never be wrong. After some floating profit, habitually set breakeven stop or move the stop loss; this is the baseline, do not mistake it for floating loss. Take profit targets are always just plans, do not be overly fixated on the target for taking profits.
👊 Position management and allocation suggestions:
Second position entry ratio: 3:7
Third position entry ratio: 2:3:5
Fourth position entry ratio: 1:2:3:4
🥘 Do not place orders at round numbers
#BTC走势分析