[Whale jasonleo: Reopened a short position on BTC near 76,000, will stop loss and temporarily exit if the daily chart closes above 80,500] Foresight News reports that whale jasonleo updated the status of his Bitcoin short position on Twitter. He stated that after closing his previous short position, he reopened a short near $76,000. His reasoning is that while the current bull market has returned, it is likely to move upward in a choppy manner rather than surging directly to $84,000 or even $90,000. From a macro and market structure perspective, there are currently no signals supporting such a rapid upward move. After opening the position, the price briefly spiked to $79,500, but the originally set stop loss was not executed due to a system issue. He mentioned that he has now reduced the majority of his short position, not because he has changed his judgment, but to control risk. If the price continues to rise sharply, levels like $82,000 and $84,000 are possible. He will continue to monitor the remaining position. If the daily chart effectively closes above $80,500, he will consider his judgment incorrect, close all positions, and pause trading for a while. If the price weakens again, he may consider adding back the reduced short positions. Currently, he has no interest in chasing long positions at this level. He added that last month, he identified the $63,000 level as a phase bottom, and this judgment has not changed. He remains bullish on BTC in the medium to long term. This short position is a bet on a pullback during the upward movement, not a shift to a bearish outlook. He stated that he still expects to see $100,000 BTC by March next year.
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