#加密资产投资策略 James Wynn's recent "short-term rotation" operation is indeed worth a close look. After closing a short position for a profit of $21,000, he immediately opened a 40x long position with a position value of $1.24 million, with a liquidation price of 87,111—this position design logic is very clear, essentially betting on a short-term breakout upward.

Looking at historical performance, his two bearish predictions in November did not meet expectations in terms of actual decline, and this shift to a bullish stance to some extent also reflects a change in market rhythm. The target range of $92,000 to $97,000, if truly reached, would make the returns on this leveraged position quite substantial.

However, what needs to be cautioned here is—high leverage longs at this level are indeed attractive, but the risks are real. The liquidation price of $87,111 has only about a $3,500 buffer, which is less than 4% from the current price. If a pullback occurs, the probability of forced liquidation cannot be ignored.

When considering copying top traders like this, my advice is not to replicate their leverage multiples exactly. Instead, consider using lower leverage or spot positions to follow the bullish idea, leaving room for stop-loss. After all, correctly predicting the direction and holding until profit are two different things. Short-term strong signals do exist, but greed is often the beginning of big account crashes.