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The daily chart of Bitcoin has started to turn, with small bullish candles gradually gathering strength. In the follow-up, a stronger bullish trend is likely to appear accompanied by increased trading volume. Meanwhile, the 4-hour timeframe has already formed a small upward trend pattern, and the 15-minute cycle is showing a continuous oscillating upward rhythm. This wave of rally can be viewed as an independent market movement.
Today’s highest point reached 93,400, just 600 points away from the previously predicted 94,000. The key question now is: if the price truly reaches around 94,000, how should long positions be handled? There are two options to consider. One is to use a trailing stop profit method, a technique favored by many professional traders, which can lock in profits while allowing the gains to continue to extend. The second is to exit all positions directly; the advantage of this approach is that it relieves psychological pressure. The specific operation will depend on the market performance at that time. If the price strongly breaks through 95,000, it may indicate that the upward trend will continue, and it’s not too late to consider chasing the move then.
For traders who currently have no positions, my advice is as follows: one approach is to lay a small long position, and another is to wait until the price returns near 94,000 to open a short position and try it out. Regardless of which direction you choose, the most important thing is to remember not to hold on stubbornly; risk control should always be the top priority.