The big whale James has switched from long to short positions, opening a 40X position with 2082 Bitcoin. The speed of the trend reversal within a day is honestly impressive.

After establishing a trend order, even when it seems to be at a peak, being able to regain rational emotions and reduce positions, close positions, and shift thinking while in a floating loss is definitely something worth learning!

Not to mention that this was done under the attention of the entire network.

Currently, Bitcoin's total network futures positions were wiped out by about $2.9 billion during this pullback on Friday. At this stage, it is a typical slowdown in upward momentum.

Actually, there is a bold deduction here: the phase pullback of Bitcoin seems to be influenced by Trump's tariffs and the positions of the futures main force.

But here it actually meets the conditions for overflow; will the main institutions take advantage of this seemingly normal pullback to shift the focus to altcoins and set the pace?

There was previously a script mentioned: Bitcoin's market share greater than 65% ➡️ Bitcoin breaks new highs ➡️ Ethereum must hold above 2600.

Currently, three conditions have been met, with 2 completed, leaving one condition regarding Ethereum's price.

From this perspective, this bold deduction is logical. Therefore, we should also focus part of our attention on the altcoin market led by Ethereum.