Trader CryptoCapo: Bitcoins enthusiasm has already emerged, and it is only a matter of time before a reversal occurs. Most altcoins are on a downward trend.
Odaily News Trader CryptoCapo posted in his community: “Since the ceasefire in the Middle East on June 22, Bitcoin has continued to show strong momentum. Some altcoins have begun to catch up, but most are still in a clear downward trend and forming lower highs. Traditional markets are showing signs of weakness and may be building a top.
The enthusiasm for Bitcoin has already emerged, and I personally think that a reversal is only a matter of time.
Currently, all my short positions are in a loss position. Fortunately, the leverage used is very low, so to the disappointment of some people, I have not been liquidated yet. Even if I am liquidated, these positions are far from representing my entire net worth. They are positions I strategically established to verify my market judgment and as a hedge tool for possible black swan events - although this idea sounds crazy now, this possibility still exists.
You may also like

What is the connection between Huang Zheng of Pinduoduo and blockchain?

Morning Report | Prediction market platforms like Kalshi and Polymarket jointly sue Kentucky over 14.25% trading tax; Bridgewater founder discusses decision-making in the AI era: principled thinking should run parallel to AI, human insight remains irre...

If the AI bubble has already burst, who will truly remain?

Paul Graham: How to Make a Billion Dollars

After 18 years, blockchain has finally started to head towards the main channel

Claude enforces "facial recognition for household registration," starting in July, no ID card means no access?

On the day of SpaceX's IPO, the first real test of the three perpetual mechanisms

Value Distribution of Stablecoins

Galaxy Deep Dive: Is the Bitcoin Four-Year Cycle Still Valid?

SpaceX IPO, Nvidia, and Bitcoin: Why Traders Are Watching More Than Just Crypto in 2026

The other side of Musk's trillion-dollar fortune: 85% cannot be sold

The U.S. government prohibits foreigners from using Fable 5, Anthropic issues a rebuttal

Citibank releases "2030 Asset Tokenization Market Outlook": 6 major trends may create a $8.2 trillion market

The trillion-dollar valuation test: Are the three major super IPOs a celebration for tech stocks or a nightmare for the crypto market?

Morning Report | Digital Asset completes $355 million financing led by a16z Crypto; Meta completes operational separation from Manus

a16z Crypto Partner: Cash flow is the moat

Cryptocurrency market makers collectively seek change as it becomes increasingly difficult to make money


