In the dynamic world of cryptocurrency trading, high-profile investors often make moves that capture the attention of the entire market. Recently, Vida, the founder of Fang Cheng Shi (commonly known as Formula), has entered the Bitcoin arena with a substantial $20 million allocation. According to reports from crypto analyst @ai_9684xtpa on February 6, 2026, Vida has already deployed $8 million to acquire 128.28 BTC, purchasing across a price range from $70,500 down to $60,035. This strategic buying spree results in an average cost basis of approximately $62,363.57 per BTC. At the time of the report, this position was showing a floating loss of about $6,000, reflecting the ongoing volatility in the BTC market. However, Vida's approach is centered on scalping—a short-term trading strategy aimed at capitalizing on quick rebounds rather than long-term holds. This method involves entering and exiting positions rapidly to profit from small price fluctuations, which could prove effective in the current choppy market conditions where Bitcoin has been testing key support levels.

Vida's Scalping Strategy in Bitcoin Trading

Delving deeper into Vida's Bitcoin trading tactics, the scalping strategy stands out as a high-frequency approach that demands precision and quick decision-making. By buying BTC during its descent from $70,500 to $60,035, Vida is positioning himself to benefit from potential short-term bounces. Traders monitoring on-chain metrics might note that such dips often coincide with increased trading volumes on major exchanges, signaling accumulation phases. For instance, if BTC rebounds above the $62,000 resistance level, Vida could scalp profits by selling portions of his 128.28 BTC holdings. Current market indicators, including the Relative Strength Index (RSI) potentially entering oversold territory around these price points, support the viability of this rebound play. Moreover, with his average cost at $62,363.57, even a modest 5% uptick could erase the $6,000 floating loss and yield gains. This move highlights broader trading opportunities in BTC/USD pairs, where scalpers often use leverage on platforms like Binance or Bybit to amplify returns, though it comes with heightened risks amid global economic uncertainties.

ETH Profit-Taking and Market Correlations

Complementing his Bitcoin endeavors, Vida recently executed a successful trade in Ethereum, further illustrating his adeptness at short-term strategies. He liquidated a low-point ETH purchase at $2,281.1, selling at $2,392.29 for a profit of $96,000. The exit was prompted by concerns over a potential US stock market downturn impacting crypto, specifically fearing a secondary dip in prices. This decision underscores the interconnectedness of traditional and crypto markets, where events like stock index declines can trigger cascading effects in ETH/BTC trading pairs. From a trading perspective, this profit-taking aligns with scalping principles, locking in gains before volatility erodes them. Analysts observing market sentiment might correlate this with institutional flows, as whale activities often precede price reversals. For traders, this presents opportunities in ETH futures, where monitoring 24-hour trading volumes—often exceeding $10 billion during volatile periods—can inform entry and exit points. Vida's rationale about avoiding a 'second probe' in crypto prices due to stock weakness emphasizes the importance of cross-market analysis, potentially influencing strategies in correlated assets like SOL or altcoins tied to ETH ecosystems.

Overall, Vida's entry into BTC with a $20 million war chest and his recent ETH win provide valuable insights for cryptocurrency traders navigating uncertain waters. By focusing on scalping, he avoids the pitfalls of long-term exposure during bearish phases, instead targeting quick wins. Market participants should watch key support levels around $60,000 for BTC, as a breach could invalidate rebound theses, while resistance at $65,000 might offer scalping exits. Institutional interest, evidenced by on-chain data showing large wallet accumulations, could bolster upward momentum. For those exploring trading opportunities, diversifying into BTC/ETH pairs or using tools like moving averages to identify scalping setups is advisable. This narrative not only highlights individual trading prowess but also reflects broader market dynamics, where sentiment shifts driven by macroeconomic factors create fertile ground for agile strategies. As always, traders are reminded to manage risks, perhaps through stop-loss orders at 2-3% below entry points, ensuring that even in floating loss scenarios like Vida's current $6,000 dip, positions remain viable for potential recoveries.

Expanding on the implications for the wider crypto market, Vida's actions come at a time when Bitcoin dominance is fluctuating, often around 50-55%, influencing altcoin performances. His scalping in BTC amid a price drop from $70,500 suggests confidence in near-term recoveries, possibly tied to upcoming events like halvings or regulatory shifts. Trading volumes for BTC have surged during such periods, with daily figures sometimes hitting $30 billion, providing liquidity for scalpers. Meanwhile, his ETH trade's success, yielding $96,000 from a $2,281.1 entry to $2,392.29 exit, demonstrates the profitability of timing market fears. Concerns over US stocks leading to crypto retests highlight risks in leveraged positions, where a 10% stock drop could amplify crypto losses by 20-30% due to correlation. For SEO-optimized trading analysis, keywords like Bitcoin scalping strategies, ETH profit-taking, and crypto market volatility are crucial. Traders might consider long-tail queries such as 'how to scalp BTC during dips' or 'impact of stock market on ETH prices' for actionable insights. In summary, Vida's moves offer a blueprint for short-term trading in volatile environments, emphasizing data-driven decisions and swift executions to turn market turbulence into opportunities.