Crypto trader Doctor Profit has re-established short positions on Bitcoin within the $86,500 to $89,500 price range, with significant sell orders concentrated between $88,000 and $89,500. The trader confirmed the new bearish setup on X, marking a strategic shift back to shorting after previously holding spot positions.
Doctor Profit noted that he had closed all prior short positions near $60,000 during last year's market downturn before transitioning to spot accumulation. This latest move mirrors his previous strategy of shorting near market peaks, having previously exited shorts when Bitcoin traded near $124,000 before re-entering at lower levels.
Trader Doctor Profit Re-enters Bitcoin Shorts in $86,500–$89,500 Range
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