Whale 'First Set 10 Big Targets': If BTC falls below $79,000, will gradually close longs; if it quickly surges to around $100,000, plans to short as a hedge.

BlockBeats news, September 25: Whale "First Set 10 Big Targets" (@jasonleo) posted an update on Bitcoin trading strategy, stating that at the beginning of this round of BTC's rebound from the $58,000 bottom, he firmly targeted $100,000, but due to a failed attempt to judge the top midway, he missed out on a significant portion of profits. His current long position has an average entry level of approximately $78,000.

Regarding subsequent operations, JasonLeo stated that if BTC falls below $79,000 again, he will begin to gradually close long positions; if it quickly rises to $100,000 in the short term, he will consider establishing some defensive short positions in the $98,000 to $105,000 range to hedge against weekly-level correction risks. If BTC stabilizes above $108,000 on the daily chart, the above short position logic will be invalidated.

If BTC does not directly surge, but instead engages in sufficient contention in the $80,000 to $100,000 range, he will consider taking defensive operations in the $115,000 to $125,000 range.