according to the latest post by Binance trader Nachi, he stated that he has closed all short positions and switched to long perpetual contract positions. He firmly believes that last Friday may have been a key bottom for Bitcoin, with market funds flowing from gold to Bitcoin. Nachi remains extremely bullish on the market, expecting Bitcoin to break through $200,000 in the next 6 to 12 months, and Ethereum to break through $10,000.