Analyst @ai_9684xtpa posted on X that the recent remarks by U.S. President Donald Trump regarding tacos have led to a sharp reversal in the market. During the early morning surge, analyst @Jason60704294 decided to stop-loss on a short position of 2,567.49 BTC at $73,500, resulting in a loss of approximately $5 million. The stop-loss point for ETH remains unknown.
The analyst had initially planned to target $60,000, believing the risk-reward ratio was worthwhile. However, the impact of geopolitical news proved too strong. Despite the setback, the analyst noted that the losses were merely a pullback from profits, having earned $21.76 million in mid-March. The operations from April to the present have been relatively neutral.
The analyst intends to take a break and will return once he updates his profile picture, which he mentioned as a personal wish.