律动BlockBeats|4月 06, 2026 06:40
[Renowned Trader: Closed Bitcoin Short Position, Current Risk-Reward Ratio for Shorting is Unfavorable]
BlockBeats News, April 6: Renowned trader Killa (@KillaXBT) posted that he has closed the swing short position he held for 29 days, citing that the risk-reward ratio for shorting is no longer favorable in the long term.
Previously, he maintained a bearish outlook with a target below $60,000. However, as BTC has now dropped approximately 50%, he has decided to exit and plans to switch to a long-term bullish position after sweeping the lows.
Killa, a quantitative trader specializing in BTC, accurately predicted the peak of this bull market in May 2025 and has over 180,000 followers on platform X.
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