It looks like you're sharing a trading strategy for Bitcoin (BTC) on May 25th, focusing on both long and short positions with specific entry points, stop-loss levels, and defensive tactics. Here’s a breakdown of the key points for clarity:

### **BTC Long Position Strategy (May 25, Noon)**
- **Entry Range:** 106,900 - 107,300 (2% of total position)
- **Leverage:** 100X - 125X
- **Take Profit Zone:** 108,500 - 109,500 (discretionary)
- **Defensive (Stop-Loss) Level:** 105,950
- If price falls below support, observe rebound strength:
- **Rebound holds above support (1-2 min):** Add margin & hold.
- **Rebound fails to reclaim support:** Close position (risk of deeper crash).

### **BTC Short Position Strategy (May 25, Noon)**
- **Entry Range:** 109,200 - 109,700 (2% of total position)
- **Leverage:** 100X - 125X
- **Take Profit Zone:** 108,500 - 107,500 (discretionary)
- **Defensive (Stop-Loss) Level:** 111,200
- If price breaks resistance, monitor stability:
- **Pullback with higher lows:** Likely real breakout → Close short.
- **False breakout (quick rejection):** Hold or adjust.

### **Risk Management Notes**
- **Position Size:** Strictly ≤5% of total capital per trade to avoid over-leverage.
- **Margin Safety:** Always reserve funds for potential bail-ins (averaging down).
- **Leverage Caution:** High leverage (100X+) amplifies risk; sudden volatility can liquidate positions quickly.

### **Additional Context**
- The strategy emphasizes scalping with tight risk controls, common in high-leverage crypto trading.
- Mentions of "Gate fan chat room" suggest a community-driven approach (be cautious of unverified signals).
- Tags (#BTC, PI) may reference Bitcoin and another asset (possibly Pi Network).

**Disclaimer:** Trading with high leverage (especially 100X+) is extremely risky and can lead to total loss. Always conduct your own analysis and never risk more than you can afford to lose. If following external signals, verify their track record independently.

Would you like help refining the strategy or analyzing market conditions further?