$BTC Look, on March 20th at 5:30 PM, Jie's short position on that BTC move was genuinely accurate on the short-term, but fundamentally it's just a high-risk, blood-on-the-blade kind of operation.

At the time, price was stuck around 69800, just crashed down from the 71300 intraday high, with the moving averages pinning it down hard. The bearish logic was totally sound—targeting the 70000 level, a few hundred points of profit within reach, and the take-profit points he set were spot on.