$BTC :Do not recommend opening a long position with heavy investment immediately; it is advisable to be cautious or wait for a better entry point.
Reason:
High short-term uncertainty: Recently, there was a rebound after a sharp decline, but the leveraged market is prone to liquidations (there were large-scale liquidations in October). Long positions in perpetual contracts need to pay funding rates (if positive), and with the current market's fear sentiment, the risk of a pullback is greater than the potential for a surge.
Better strategy: Wait for a breakout confirmation above 94,000 for a rebound, or gradually build positions as it pulls back to the support level of 90,000-91,000. Use low leverage (<5x) and set strict stop losses.

BTCUSDT
Perp
85,681.1
-3.52%

