No longs, no shorts, wait and observe price levels
- Cannot go above 71500 → Bias short - Cannot go below 70500 → Bias long - No overnight positions within 4 hours
---
**IV. Iron rules (Must read)**
1. Position size ≤10%, never use heavy leverage 2. Always set stop loss, do not enter without it 3. Only trade at target prices, no forced trades 4. Close positions within 4 hours regardless of P&L, try to exit
Bitcoin 4-hour ultra-short trading (current price 70800)
Time: Next 4 hours | Style: Quick entry and exit | No holding losses, no prolonged battles
---
**I. Long positions (Low long)**
Only enter on dips with stabilization, no chasing rallies
- Entry zone: 70300–70500
- Stop loss: 69800 (must exit if broken)
- Target 1: 71200 (reduce position first)
- Target 2: 71800 (close out)
---
**II. Short positions (High short)**
Only enter on failed rallies, no chasing dips
- Entry zone: 71800–72200
- Stop loss: 72600 (must exit if broken)
- Target 1: 71000 (reduce position first)
- Target 2: 70500 (close out)
---
**III. How to handle current price 70800?**
No longs, no shorts, wait and observe price levels
- Cannot go above 71500 → Bias short
- Cannot go below 70500 → Bias long
- No overnight positions within 4 hours
---
**IV. Iron rules (Must read)**
1. Position size ≤10%, never use heavy leverage
2. Always set stop loss, do not enter without it
3. Only trade at target prices, no forced trades
4. Close positions within 4 hours regardless of P&L, try to exit