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Bitcoin
Direction: Short
Entry: 72,400-72,800
Take Profit: Level 1: Around 70,800 (conservative approach) Level 2: 69,600
Stop Loss: Small breakout above 74,000. If taking a 2x long-term position, you can skip the stop loss and let it naturally come down later.
Personal thoughts: Don't place orders at round numbers as they're difficult to fill. Place orders slightly below resistance levels for easier execution. Currently, due to many false breakdowns and false breakouts, to prevent such situations, we should place our stop loss higher, reduce profit/loss ratio, and significantly increase win rate for trading. #Gate13周年全球庆典 $BTC