CRCL: Summary of the discussion in the Miki community (23:00:11 ~ 00:00:11)

1. The current recommended strategy is primarily short short. CRCL previously rebounded nearly 200% from its bottom, which is considered an oversold bounce. Currently, the overall market is weak, with sentiment providing some support, and the structure is weak, posing a risk of further decline. The larger timeframe has rebounded to the previous POC range; wait for the smaller timeframes to weaken before considering short positions. There is significant profit-taking pressure on long positions; short positions should be initiated accordingly. 2. Position and Risk Management Recommendations: We suggest starting with a small short position and adding to the position after confirming a weakening trend on shorter timeframes. A clear sell signal, "Sold Out," indicates a need for timely profit-taking. There are no specific stop-loss points, but given the unstable structure, it's advisable to control position size and avoid chasing highs. Pay attention to the intraday structure on both longer and shorter timeframes and trade opportunistically. 3. Suitable for aggressive short short strategies, emphasizing quick entry and exit, taking profits with the trend, and being wary of rallies driven by sentiment. The strategy is based on overall market weakness and shifting sentiment; without significant catalysts, it's advisable to avoid prolonged positions and focus on understanding structural changes and timing.