Whale Trader Outlines Hedging Strategy for BTC at $100,000 Milestone
A whale trader known as "先定 10 个大目标" (JasonLeo) shared an updated Bitcoin trading strategy on X. Holding long positions with an average entry price of approximately $78,000, the trader plans to gradually close positions if BTC falls below $79,000. If the price quickly rallies to $100,000, the trader intends to open defensive short positions between $98,000 and $105,000 to hedge against potential weekly pullbacks. This short strategy would be invalidated if BTC stabilizes above $108,000 on a daily basis. If the price consolidates between $80,000 and $100,000, the trader will consider defensive measures in the $115,000 to $125,000 range.
Summaries are written by AI from the original article. Not investment advice.