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: It is recommended to initiate a short position with a small initial position, and add to the position after confirming a weakening trend on a smaller timeframe. A clear sell signal, "Sold Out," suggests timely profit-taking. There is no specific stop-loss point, but it is emphasized that the structure is unstable, so position size should be controlled to avoid chasing highs. Pay attention to the differences between larger and smaller timeframes...