Odaily Planet Daily News: Trader CryptoCapo posted in his community: "Since the ceasefire in the Middle East on June 22, Bitcoin has continued to show strong momentum. Some altcoins have begun to catch up, but most are still in a clear downward trend and forming lower highs. Traditional markets are showing signs of weakness and may be building a top.
The enthusiasm for Bitcoin has already emerged, and I personally think it is only a matter of time before it reverses.
At present, all my short orders are in a loss. Fortunately, the leverage used is very low, so to the disappointment of some people, I have not been liquidated. Even if they are really liquidated, these positions are far from representing all of my net assets. They are positions I strategically established to verify my market judgment and as a hedging tool for possible "black swan events" - although this idea sounds crazy now, the possibility still exists."