星球日报|Oct 01, 2026 10:20
[Trader Doctor Profit Reveals Short Position on BTC and Exit from Altcoins]
Odaily Planet Daily News: Renowned trader Doctor Profit posted on the X platform, stating that due to the current over-leveraged state of the altcoin market, where spot trading volume for altcoins has reached four times that of Bitcoin, the market is overheated. As a result, he has chosen to take profits and exit his altcoin positions. His ONDO holdings were sold with a 73% profit, and he also exited HBAR and XRP with slight gains. At this stage, he has no intention of buying altcoins in the current environment and expects the market to undergo a correction soon.
Doctor Profit, who previously predicted Bitcoin would rise to $88,000 when its price dropped to $60,000, now forecasts a potential pullback to $79,000 after the recent increase. He disclosed that he had already shorted BTC at the $86,200 level and placed additional short orders in the $86,500 to $89,500 range. Meanwhile, his positions in BTC and the 'Galactic Three' portfolio, which includes ETH, CRCL, and COIN, remain unchanged.
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