#比特币价格走势 When I saw this message, I was reminded of the 2017 market rally. Back then, many big players announced target prices, some of which were accurate, and some backfired. This time, BTC OG whale calling for $106,000 truly brings back memories of those prophetic moments.

The key is to look at his current position status. The ETH long position with $573 million is floating a loss of $66.77 million, with an average entry price of $3,147. This is not a situation that can be saved by "insider information"—it's a real-money gamble. The account only has $15.92 million in margin remaining, with a total floating loss of $78.3 million. Every rebound is a life-or-death moment for him.

I noticed a detail: this agent Garrett Jin said, "The bearish arguments are becoming increasingly untenable." This statement itself reveals a turning point in market sentiment. But history shows that the most aggressive bullish declarations often appear at the most dangerous moments. I've seen similar scenes during the late 2014 rebound and the early 2018 peak.

But we also have to admit that the operation record of this address is indeed worth respecting—before the "10.11" crash, they set up a $500 million short position and made nearly $100 million in profit, which shows they have a real grasp of the market rhythm. Now that the longs are so heavy, either they see something we haven't, or they are forced to hold on stubbornly.

The $106,000 target level, from a cycle perspective, is not impossible, but the prerequisite is that the market must first give them a chance to unwind. That’s why I’ve always emphasized that data can lie, but positions never do.