CRCL: Summary of the discussion in the Miki community (20:00:11 ~ 21:00:11)

1. Current recommendation leans towards short. CRCL previously rebounded nearly 200% after a sharp drop. Currently, the market is affected by the overall weakness in the crypto market, with sentiment providing significant support, but the structure is poor and shows signs of softening. Wait for a weakening trend in the shorter timeframes before considering short positions, and be wary of profit-taking by long positions triggering a decline. 2. Position and Risk Management Recommendations: We suggest starting with a small short position and adding to the position after a clear signal of weakening. Pay close attention to the previous POC level during a large-cycle rebound, using this as a starting point for short positions. There are no specific stop-loss or take-profit orders, but it is implied that you should consider taking profits on any rebound to avoid being trapped by a reversal in sentiment. 3. Suitable for aggressive short-term and swing trading, this strategy leverages weak short-term chart patterns for quick entry and exit. It emphasizes avoiding prolonged positions; rebounds are opportunities to short. The primary strategy is to short the market with the trend. Holding a conservative medium-term or trend-following position carries significant risk.