BlockBeats News, August 21st, the whale "First Set 10 Major Goals" announced on Platform X that it had reopened a short position of $76,000. The reasoning behind it is quite simple. "When I established a long position near $63,000, my initial target was $74,000. I believe the bull market has returned, and this assessment has not changed so far. However, I have always believed that this round should involve upward oscillation. At least for now, from a macro and market structure perspective, I have not seen enough signals to support this trend."

Currently, most of the short positions have been closed. "Not because I have changed my opinion, but to control the risk first. If the price continues to rise drastically from here, $82,000 and $84,000 are possible, so there is no need to go all-in to bet that my judgment is always correct."

If the daily candle closes above $80,500, I will admit my mistake for this trade, close it all, and take a break. If the price still cannot hold and weakens again, I will consider adding back the closed short positions.

The whale "First Set 10 Major Goals" reiterated its midterm view as follows: "I still see BTC in a bullish light in the medium to long term, but being bullish in the medium to long term does not conflict with partially shorting. The short position I took is a bet on the pullback during the upward trend, not a signal of a bear market resumption. If I am wrong, I will admit it above $80,500.

I still believe that we will see BTC at $100,000 by March next year."