BTC and ETH, Jasonleo Shorts Profit $4.723 Million by Setting First Big Target

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Jasonleo has opened short positions on Bitcoin and Ethereum at peak prices, earning significant profits of millions of USD.

With a strategy of setting 10 major targets, Jasonleo currently holds short positions on BTC and ETH with a total notable profit of nearly 4.7 million USD, demonstrating deep cryptocurrency market analysis and prediction capabilities.

MAIN CONTENT
  • Jasonleo opens short positions on Bitcoin and Ethereum at the highest prices.
  • Current profits from these positions reach nearly 4.7 million USD.
  • Investment strategy focuses on 10 major targets in the cryptocurrency market.

What trades has Jasonleo made in the Bitcoin and Ethereum market?

Jasonleo has placed short positions on Bitcoin and Ethereum at peak prices in large quantities, demonstrating extensive knowledge and experience in market trend orientation.

Specifically, Jasonleo opened a short position on Bitcoin at a price of 120,948 USD, holding 1,768 units, and a short position on Ethereum at a price of 4,712.49 USD with 7,544.79 units. These positions helped him earn significant profits due to subsequent price declines.

Choosing the right moment to open short positions reflects tight cryptocurrency market analysis skills and understanding of price fluctuation mechanisms.

What is the current profit status of Jasonleo's short positions?

Total profit at the time of reporting reaches over 4.7 million USD, proving market forecasting ability and effective risk management strategy.

Specific profits are divided into 3.98 million USD from the Bitcoin short position and 743,000 USD from the Ethereum short position, emphasizing success in capturing the downward trend of these two major cryptocurrencies.

This profit figure reflects the ability to optimize investment capital and manage positions in a highly volatile cryptocurrency market.

What does Jasonleo's investment strategy focus on?

Jasonleo builds an investment strategy based on 10 major targets to identify key entry points in the cryptocurrency market.

Focusing on specific targets helps him proactively open positions with clear signals and not rely on intuition, which is crucial in a highly volatile market like Bitcoin and Ethereum.

This strategy, combined with adhering to risk management principles, has helped Jasonleo achieve outstanding profits from short positions.

"The key to success in cryptocurrency trading is identifying the right entry points and maintaining absolute risk control."

Jasonleo, cryptocurrency investor (2024)

Frequently Asked Questions

What is Jasonleo's short position?

A short position is selling an asset with the expectation of buying it back at a lower price to make a profit, suitable when predicting Bitcoin and Ethereum prices will drop.

Are profits from short positions risky?

Yes, because if prices rise instead of fall, investors will suffer losses; strict risk management skills are necessary.

How is the "10 major targets" strategy applied?

This strategy helps focus on key technical points to determine optimal entry and exit timing.

How do short positions affect the cryptocurrency market?

Short positions can create short-term downward price pressure but also help balance liquidation and make prices more fair.

How to effectively track short position profits?

Use position management tools and continuously monitor price fluctuations, combining technical and fundamental analysis.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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