Reputed crypto analyst Doctor Profit, known for his accurate predictions, has taken profits from his long Bitcoin trade, citing geopolitical events as the driving force. He emphasizes the need to protect capital in an unpredictable market environment. As US troops withdraw from the Middle East and oil prices surge, he advises traders to focus on real-world developments rather than relying solely on technical indicators. 10x leverage short positions, known for their high risk-reward ratio, are highlighted as a crucial hedging strategy. For instance, if the price of Bitcoin increases by 10% while a $10,000 short position is held with 10x leverage, this would lead to a net gain of $10,000 on the spot position, despite the losses incurred in the short position. He highlights the importance of using hedging strategies during periods of high market volatility and uncertainty.