According to @doctortraderr, a short position on Bitcoin (BTC) has been initiated as part of the '100-1k$ challenge,' with a limit entry at $109950, a margin of $43, and a 10x leverage targeting a price of $104000. This high-leverage trade is designed for aggressive short-term profits, indicating bearish sentiment in the near term for BTC based on current volatility (source: @doctortraderr, May 24, 2025). Such trading strategies can increase liquidation risks, making risk management critical for crypto traders following this challenge.