Renowned trader Killa (@KillaXBT) has admitted to prematurely entering a short position on Bitcoin, acknowledging a breach of his own trading rules by not waiting for clear confirmation. Despite the early entry, Killa has adjusted his stop-loss to $84,000, anticipating the position may be stopped out. He maintains a bearish outlook, citing historical bear market durations of 300–400 days, with only 212 days elapsed so far. Killa, who has over 180,000 followers on X, noted that low-leverage short positions have been liquidated, leaving a significant number of long positions below. He advises against chasing long positions or blindly shorting without clear structural confirmation. Killa initially shorted Bitcoin at $74,688 in mid-April and is currently experiencing a paper loss.