BTC: Summary of Chen Ge's Contract Community Discussion (10:00:06 ~ 11:00:06)

1. Current recommendation: Bitcoin is currently in a 4-hour timeframe of sharp decline, indicating strong bearish sentiment in the short term. Short is the preferred strategy. Be wary of a rapid pullback after a potential surge. Avoid blindly chasing the rally and wait for a clear rebound confirmation before considering tentative positions. 2. Position and Risk Control Recommendations: It is recommended to short shorting with a small position, and to deploy the position in batches to control risk. Strictly control the stop loss level, and the stop loss point needs to be dynamically adjusted according to the specific resistance level. It is emphasized that heavy positions are not advisable during the window of sharp decline. It is recommended to trade quickly in and out in the short term to avoid being trapped by the rebound. 3. This trading style strategy is suitable for aggressive short-term operations, seizing the rhythm of sharp declines to quickly enter and exit, emphasizing that "a rebound is a window of opportunity to escape." It is not suitable for stable medium-term or trend-holding, and one should be wary of the risk amplification caused by the emotion of being unwilling to fight.