Traders Align on Bitcoin Short-Term Peak Strategy

Two traders on Hyperliquid, known as 'Paul Wei' and '100% Win Rate Low Drawdown,' have reached a consensus on the short-term peak for Bitcoin, according to BlockBeats. Both traders have set their sell orders around the $78,000 mark. 'Paul Wei' placed orders between $75,000 and $78,100 in the past hour, while the other trader completed their orders in this range two days ago. For their next buying strategy, '100% Win Rate Low Drawdown' has placed 50 buy orders in a pyramid style over the past hour, planning to buy incrementally if Bitcoin falls below $70,500, targeting the $68,000 to $70,500 range. 'Paul Wei' is more conservative, planning to increase positions only if Bitcoin drops to around $66,500. In terms of leverage, 'Paul Wei' uses a 2 to 3 times leverage for stable adjustments within a broad range, while '100% Win Rate Low Drawdown' employs a 20 times leverage for higher returns in a narrow range, having already tripled their capital. Both traders utilize a range-bound pyramid position management strategy, progressively setting long and short positions and take-profit orders within a defined fluctuation range to profit from price differences, rather than relying on a Martingale strategy or betting on a single trend.