Trader Eugene Adopts New Strategy Amid Market Weakness

According to Odaily, trader Eugene announced on social media that he has liquidated all long positions, except for some Bitcoin holdings, and has started shorting certain altcoins. He believes the impact of the Middle East situation has concluded, and the overall market trend remains weak. Eugene noted that Bitcoin's rebound from $99,000 to $106,000 has been completed, and the market will return to its previous rhythm. At this stage, he plans to adopt a strategy of holding long positions in Bitcoin while shorting altcoins to navigate the market moving forward.