The giant whale "first sets 10 major goals": If BTC falls below $79,000, it will gradually reduce long positions and quickly rise to around $100,000 to plan a short hedge

"Whale" first sets 10 major goals (@jasonleo) updates the Bitcoin operation strategy, stating that he firmly looked towards 100,000 USD since the beginning of this round of BTC rebound from the bottom of 58,000 USD. However, due to failing to judge the top midway, he missed out on a large portion of profits, and the average position of the long positions currently held is about 78,000 USD.

Regarding subsequent operations, JasonLeo stated that if BTC falls below 79,000 USD again, he will start to gradually close long positions; if it quickly rises to 100,000 USD in the short term, he will consider establishing some defensive short positions in the range of 98,000 to 105,000 USD to hedge against the weekly level pullback risk. If BTC stabilizes above 108,000 USD on the daily chart, the aforementioned short position logic will become invalid. If BTC does not directly surge but engages in sufficient games in the range of 80,000 to 100,000 USD, he will consider taking defensive actions in the range of 115,000 to 125,000 USD.