BIFI is worth paying attention to on the evening of January 11th. This cryptocurrency is currently recovering from an intense selling pressure, with its price searching for support near a high-risk demand zone. From the K-line perspective, given the sufficient decline, the rudiments of a bottom are faintly emerging, but confirmation signals are not yet solid enough. This is more of a rebound opportunity rather than a trend-level reversal.
For aggressive traders, the 175-185 range can be considered for going long, with a stop loss set at 165. Once the price initiates a move, targets above are 210, 245, and even more aggressively, aiming for 300. Conservatives should wait until BIFI re-establishes stability and holds above 205 before entering, with a stop loss at 185 and targets locked at 235 and 280.
However, there is a core risk point here: if the 165 line doesn't hold, the entire rebound hypothesis needs to be overturned, potentially leading to a new round of liquidation moves. Combined with current volatility being at elevated levels and market liquidity appearing somewhat thin, this means position size control becomes a matter of survival. Precise execution and rational risk management are both indispensable—neither can be lacking. In high volatility environments, small positions with multiple entries and exits are far more reliable than going all-in on one trade. Investment carries risks; enter the market with caution.
BIFI is worth paying attention to on the evening of January 11th. This cryptocurrency is currently recovering from an intense selling pressure, with its price searching for support near a high-risk demand zone. From the K-line perspective, given the sufficient decline, the rudiments of a bottom are faintly emerging, but confirmation signals are not yet solid enough. This is more of a rebound opportunity rather than a trend-level reversal.
For aggressive traders, the 175-185 range can be considered for going long, with a stop loss set at 165. Once the price initiates a move, targets above are 210, 245, and even more aggressively, aiming for 300. Conservatives should wait until BIFI re-establishes stability and holds above 205 before entering, with a stop loss at 185 and targets locked at 235 and 280.
However, there is a core risk point here: if the 165 line doesn't hold, the entire rebound hypothesis needs to be overturned, potentially leading to a new round of liquidation moves. Combined with current volatility being at elevated levels and market liquidity appearing somewhat thin, this means position size control becomes a matter of survival. Precise execution and rational risk management are both indispensable—neither can be lacking. In high volatility environments, small positions with multiple entries and exits are far more reliable than going all-in on one trade. Investment carries risks; enter the market with caution.