Analyst: Plans to short in the range of $89,000 to $94,000 to hedge 50% of the Bitcoin exposure

Analyst Killa posted on platform X, stating plans to hedge 50% of his Bitcoin exposure in the range of $89,000 to $94,000, marking his first short position in months.

Killa mentioned that, as he stated 1 to 3 days ago, he previously had no intention to short the same high point that continued to consolidate below him; if the price stabilizes above $97,000, this hedging strategy will become ineffective.