Trader Eugene: Restarting BTC short position, but the strong market forces me to re-evaluate my short-term thinking
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Planet Daily News: Trader Eugene stated that he has re-established a short position on BTC near $85,400, with a target of breaking below $80,000. He previously exited at the break-even point but noted that the market continues to show strong momentum and is gradually recovering the old range. Eugene candidly admitted that although logically he believes the market lacks further upward momentum, the price performance continues to deviate from expectations, forcing him to confront his negative bias. He also mentioned that multiple Altcoins may have completed bottoming during the tariff panic.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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