Trader Eugene: Restarting BTC short position, but the strong market forces me to re-evaluate my short-term thinking
On April 20th, trader Eugene stated that he has reestablished a short position in BTC near $85,400, with a target of breaking below $80,000. He had previously exited at breakeven point, but noted that the market continues to show strong momentum, gradually recovering the old range. Eugene admitted that despite logically judging the lack of further upward momentum in the market, price action continues to deviate from expectations, forcing him to confront his own negative biases. He also mentioned that various altcoins may have already bottomed out in the tariff panic.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Friday charts: The Marvin Minsky moment is here
Have markets been obsessing over the wrong Minsky?

Charles Hoskinson Reveals Exciting Plans for Lace Wallet’s XRP Functionality
In Brief Charles Hoskinson announces XRP functionality for Lace wallet. Integration aims to enhance multi-chain support and user experience. Upcoming NIGHT token distribution includes XRP holders.

Meme project BONK launches Meme coin issuance platform Letsbonk.Fun
Trending news
MoreCrypto prices
More








