【Vida Latest Trading Updates: Reducing Position in US Stock Storage Shares, $BTC Also Reduces Position】
Formula News founder and a crypto big shot on the verge of A10, Vida @Vida_BWE, today updated trading updates in the channel.
In the US stocks, Vida said that the PUT he sold earlier has basically already realized 80%-98% profit. As the storage sector continues to surge, he chose to close most positions during the upswing to lock in the gains he already had.
For BTC, Vida today further reduced about 1/3 of his BTC holdings. The reduced positions were around $63,000, and he also used perpetual contracts for hedging. However, he has not fully exited—he still keeps about 2/3 of his BTC spot position.
Regarding the next phase of the market, Vida believes BTC still has cycles, but compared with the past, it may be increasingly difficult for new narratives to emerge. He judges that the next truly major bull market for BTC is more likely to come from US Treasuries, the dollar system, and the global repricing of assets, rather than short-term hype of new concepts.
Vida expects that within the next 1–3 years, if BTC returns to the $45,000–$55,000 range, he may buy back the positions he has currently trimmed.
My view is basically aligned with his: after this round of gains in the storage sector, the market is more likely to enter a period of range-bound movement; as for BTC, there is still room for further downside. Right now, compared with chasing or killing at the highs and lows, it’s more important to control position sizing and wait for the next time the odds are favorable.
Trading shouldn’t be about predicting tops or gambling for bottoms. The most important thing is to put the money you’ve already made into your pocket first.
Formula News founder and a crypto big shot on the verge of A10, Vida @Vida_BWE, today updated trading updates in the channel.
In the US stocks, Vida said that the PUT he sold earlier has basically already realized 80%-98% profit. As the storage sector continues to surge, he chose to close most positions during the upswing to lock in the gains he already had.
For BTC, Vida today further reduced about 1/3 of his BTC holdings. The reduced positions were around $63,000, and he also used perpetual contracts for hedging. However, he has not fully exited—he still keeps about 2/3 of his BTC spot position.
Regarding the next phase of the market, Vida believes BTC still has cycles, but compared with the past, it may be increasingly difficult for new narratives to emerge. He judges that the next truly major bull market for BTC is more likely to come from US Treasuries, the dollar system, and the global repricing of assets, rather than short-term hype of new concepts.
Vida expects that within the next 1–3 years, if BTC returns to the $45,000–$55,000 range, he may buy back the positions he has currently trimmed.
My view is basically aligned with his: after this round of gains in the storage sector, the market is more likely to enter a period of range-bound movement; as for BTC, there is still room for further downside. Right now, compared with chasing or killing at the highs and lows, it’s more important to control position sizing and wait for the next time the odds are favorable.
Trading shouldn’t be about predicting tops or gambling for bottoms. The most important thing is to put the money you’ve already made into your pocket first.
