ChainCatcher reported that trader Serenity, often called the 'Stock God' in crypto circles, revealed his latest trade on X today. According to his post, he executed a swing buy on IBIT and ETHA when Bitcoin was around $62,000 and Ethereum near $1,750, explicitly labeling it a short-term swing trade.
Serenity stressed that this move is not a long-term hold but purely based on band-trading strategy. He also added that although he focuses solely on short-term price swings and does not rely on directional market calls, the broader market decline still unavoidably spilled over to crypto-linked stocks like Robinhood (HOOD) and Coinbase (COIN), putting noticeable downward pressure on their share prices and reflecting the broad impact of a systemic downturn on related financial assets.
Known for his accurate trading calls that earned him the 'Stock God' nickname, Serenity's every public move draws significant attention. In this tweet, he refrained from making any long-term market prediction, instead framing the operation strictly as a technical swing play, underlining the consistency of his trading style.