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Traders turn bullish: BTC target 92,000-97,000, 40x long positions of 1.24 million USD
[Bit推] Market Observation: A well-known trader, James Wynn, expressed his optimism on social media yesterday, expecting Bitcoin to surge to the range of $92,000-$97,000 in the short term.
His contract operations on Hyperliquid are more direct. The day before yesterday, he closed a BTC short position, making a profit of $21,000, and then immediately turned to go long. He now holds a long position with 40x leverage, valued at $1.24 million, with a liquidation price set at $87,111 — this setup indicates he is very confident about the downside potential.
It is worth noting that this trader previously issued bearish warnings on social media twice (on November 10 and 25), predicting that Bitcoin would drop to $67,000. Although the warnings were indeed accurate and the decline did occur, the actual drop was far from reaching the level he anticipated. Is this shift to bullish indicating some new judgment brewing?