James Wynn has announced an increase in his short positions on Bitcoin, setting a short-term target price between $93,000 and $95,000. Wynn expressed concerns that the market has not fully accounted for the risks associated with geopolitical tensions as more countries engage in conflict. Additionally, he noted the absence of anticipated interest rate cuts in the United States, suggesting that the current bullish sentiment is overly reliant on global liquidity expansion outside the US dollar system. Wynn also speculated on a potential US government strategy to drive Bitcoin prices down through a black swan event, aiming to capitalize on lower prices.