Bitcoin surged again this evening (21st), briefly breaking through $90,000 around 6 pm, and is currently trading at $88,793 as of press time. Ethereum also rose in tandem, breaking through $3,000, reaching a high of $3,017.
A battle between bulls and bears at 90,000 levels
Despite the price of BTC approaching the 90,000 mark again, the year-end liquidity crunch and profit-taking pressure in the US session mean that it remains to be seen whether Bitcoin can break through steadily, and the tug-of-war between bulls and bears continues.
Machi Big Brother closes long positions in Bitcoin and HYPE.
Just as Bitcoin rebounded, on-chain analysis revealed that "Machi Big Brother" Huang Licheng had already closed all his Bitcoin and HYPE long positions. Currently, he only has one Ethereum long position with 25x leverage , holding approximately 5,400 ETH, with a liquidation price around $2,795.
Data shows that Huang Licheng made 15 trades this week, all of which long positions. Of these, 12 were profitable and 3 were loss-making, resulting in a win rate of 80%. However, due to the high leverage and position volatility, the overall net loss for the week was still approximately $1.46 million.
For the average investor, directional judgment is not a guarantee of profit. If leverage and position size are not properly controlled, even a high short-term win rate can be quickly wiped out by a single fluctuation. The core strategy remains money management.
