Cryptocurrency analyst Doctor Profit announced via X, "The leverage in the altcoin market is expanding to an excessive level and trading volume is also surging, so I am closing most of my held positions and preparing for a potential correction." He added, "I entered a short position at BTC $86,200, and have set additional short orders in the $86,500-$89,500 range. The target price for the correction is still $79,000."
