BlockBeats News, December 19th, according to on-chain analyst Ai Auntie (@ai_9684xtpa), "BTC OG Insider Whale" agent Garrett Jin spoke again after two months, firmly advocating for a bullish stance. First target: Bitcoin $106,000, Ethereum $4,500. He believes:
· Macro perspective: The bearish logic is collapsing, the US stock market no longer has significant systemic risks, Japan's interest rate hike, the four-year cycle, and Christmas liquidity drought will not have a substantial impact on the market;
· Technical perspective: The US stock market will fluctuate upwards, and BTC and ETH, which are highly correlated with the US stock market, will do the same. The probability that ETH will outperform the Nasdaq 100 index in the next few months has increased.
The "BTC OG Insider Whale" currently holds a $693 million long position, with an unrealized loss of $42.55 million. The opening price for ETH is $3,147.39, and for BTC is $91,506.7.
