James Wynn, the high-leverage crypto trader known for turning $7,600 into $25 million on PEPE, has outlined a defensive trading strategy amid heightened market tensions. The trader warned that markets will deteriorate further before recovering and shared his approach with followers.
Wynn's strategy involves shorting US equities while going long on oil, alongside selectively buying Bitcoin dips with spot capital. The multi-asset approach reflects his expectation of continued market volatility in the near term.