#比特币价格表现 Looking at James Wynn's recent moves, what comes to mind are the patterns I've seen repeatedly over the years. Excessive short-term trading, locking in $21,000 profit, then going long with 40x leverage at $1.24 million—this rhythm is often the most testing for traders' psychology at the end of a bull market.

Back in November, he made two bearish predictions with a target of $67,000. Although Bitcoin did pull back, it didn't come close to that level. Now he's turning bullish with a range of $92,000 to $97,000, which reminds me of the countless "counter-trend" moves seen during the 2017 rally. That's just how the market is—after predicting correctly two or three times, people tend to overestimate their ability to judge the next move.

That said, the current environment is indeed different from the pessimism of November. Institutional inflows, stable spot ETF operations, and shifts in macro expectations are all tangible variables. The 40x leverage near $97,000 could trigger liquidation, and the price of 87111 suggests that the safety margin he has set for himself isn't actually that large.

Such aggressive long positions either reflect high confidence in a short-term rally or are bets on a larger narrative shift. I've seen many such trades get blown up at critical moments, but I've also seen people profit handsomely from bold bets at cycle turning points. The key has never been the prediction itself but rather where the market actually moves and whether the fundamentals can truly support such prices.