1000CHEEMS Futures(1000CHEEMSUSDT) Recently made a big move—over 15% increase within 24 hours, which definitely surprised people. But the hidden risks behind this rapid surge are significant, so caution is advised.

**Current Risk Situation**

Such a large increase in a short period has already entered an emotion-driven acceleration phase. Massive fluctuations at high levels combined with high turnover indicate significant market disagreement. What does this mean? A quick and deep correction could happen at any time. This is a high-risk, high-volatility trading environment, so don’t take it lightly.

**How to Enter the Market?**

If you are optimistic about the future trend, consider two approaches:

One is more aggressive, expecting a deeper correction. Wait for the price to retrace to the 0.0009940-0.0010020 range (which is the recent breakout support zone and the lower boundary of the high-level consolidation platform), and when a 15-minute timeframe shows a reversal signal (pin bar, small double bottom, etc.), you can take a small position to test the waters.

The other is chasing the breakout. If the price again effectively breaks through the previous high of 0.0010400 with increased volume, a small position can be added.

**How to Set Stop-Loss?**

This is crucial. If you entered during the retracement zone, set the stop-loss below 0.0009870 (the recent consolidation box lower boundary). If you entered on a breakout, set the stop-loss below 0.0010300 to prevent false breakouts.

**Where are the Target Levels?**

The first target is 0.0010500-0.0010600, which extends from a psychological round number. If the breakout is smooth, the second target is 0.0010800-0.0011000, based on the projected extension of the rally.

**Three Must-Remember Reminders**

Absolutely keep a small position size as the baseline. Given the current high risk level, strictly control the risk per trade, ideally not exceeding 1-2% of your capital. If you can’t afford to lose, don’t play.

Secondly, monitor the open interest closely. If the price continues to rise but open interest starts trending downward, be cautious—bullish traders might be quietly exiting.

Finally, manage volatility. The market is currently very emotional, often with sharp spikes up and down. It’s recommended to use limit orders instead of market orders to avoid unnecessary slippage.

Ultimately, this is a high-risk, high-reward situation. The data and strategies are here, but the final decision is up to you. Cryptocurrency trading carries extremely high risks; independent, cautious decision-making and proper capital management are essential.