Hongfei's strategy for the big pancake on December 22:
Currently, BTC is in a strong oscillation at a high level, it is recommended to primarily buy on dips to the support area, and to lightly short if approaching the previous high without further increase, with strict stop-loss.
Entry range: 88,350 - 88,450 (in batches)
Stop-loss: below 87,750
· First target 89,000
· Second target 89,500 (near previous high)
· Upon reaching the first target, reduce position by half, and push remaining position to break-even.
· If there is a breakout above 89,600, continue to hold for above 90,000.
