Trader Jin maintains a bullish stance on Bitcoin despite holding unrealized losses

MindsetExpander · 2026-01-13T08:21:48+00:00

Investor Garrett Jin maintains a bullish stance on Bitcoin and Ethereum, setting price targets of $106,000 and $4,500, respectively. Despite facing a floating loss of $42.55 million, his commitment may influence market sentiment and indicate confidence in a mid-term recovery.

MindsetExpander

2026-01-13 08:21:48

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The prominent investor Garrett Jin, who is attracting attention in the cryptocurrency market, has not changed his bullish stance on Bitcoin and Ethereum. His bullish targets are set at a high of $106,000 for Bitcoin and $4,500 for Ethereum, indicating an expectation of further upside from current market levels.

Jin’s current long position in Bitcoin has reached a scale of $69.3 million, which is a significant bet. Meanwhile, he also maintains a target price of $4,500 for Ethereum, reflecting confidence in the market’s potential.

However, the current position situation is not necessarily smooth sailing. Floating losses have expanded to $42.55 million, stemming from the price difference at the time he opened his positions—Bitcoin at $91,506.7 and Ethereum at $3,147.39.

Among market participants, there is growing attention to Jin’s stance of maintaining his positions despite these losses. This suggests that trader Jin has strong confidence in a medium-term market recovery, which also influences market sentiment. The decision to stick to his strategy despite losses is being closely watched for its potential ripple effects on overall market trends.

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