James Wynn, the high-leverage crypto trader known for turning $7,600 into $25 million on PEPE, warned traders that markets will deteriorate further before recovering. Wynn outlined a multi-asset defensive strategy, shorting US equities and going long on oil while selectively buying Bitcoin (BTC) dips with spot capital. All these is amid the US President Donald Trump’s fiery geopolitical message on Sunday against Iran and the Strait of Hormuz. James Wynn’s Macro Bets and the Iran Factor The trader’s positioning reflects a broader macro thesis tied to geopolitical escalation