TechFlame News: Notable trader Killa (@KillaXBT) posted that he has officially opened a long position on Bitcoin, with a stop-loss at $31,950 and a target price of $160,000. Killa believes that the proportion of profitable addresses at the bottom of Bitcoin's historical bear markets has been gradually rising: 35.82% in 2015, 40.47% in 2019, 45.11% in 2022, and currently 51.12% in 2026, representing an increase of about 5% each time. The current position aligns with this trend, potentially signaling that the price has bottomed out. Killa also emphasized that the current position is primarily composed of spot holdings and low-leverage positions, and that the risk of a pullback should still be considered. On the other hand, changes in the holding structure are also accelerating Bitcoin's bull-bear cycle. The last cycle saw a new high before the halving, and this cycle may see a new high before the next halving in April 2028, with a final target price of $160,000. Killa, a quantitative trader focused on BTC, previously predicted the top of this bull market in May 2025 and has over 180,000 followers on X platform. In mid-April, he shorted Bitcoin at $74,688.