BTC Trading: Range Shorts, Swing Longs from 64K Still Live
TraderSZ is running both a short-term BTC short and a long-swing position from 64K; he sees no significant long liquidations yet and is adding back shorts after hitting first profit targets.
What we know
An account on X disclosed a BTC short position, with a cut trigger on a clean break above a marked level, while simultaneously maintaining swing longs from the 64K area established months ago. He subsequently noted his first target was hit on a $PUMP short and used those profits to re-enter shorts. He also observed that 'no decent longs have been flushed yet' — suggesting the broader long cleanup he'd want to see before getting more aggressive hasn't happened. On BTC macro positioning, he RTs the Kobeissi Letter's piece on the global debt crisis, with Japan at 204.4% debt-to-GDP. Another account on X separately argued the current AI-led sell-off may be overblown, and another account on X RTs that Tradermayne wants to be long BTC heading into 2027.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.