According to Odaily Planet Daily, trader Eugene posted on social media that he has closed all long positions (except for some BTC) and has begun shorting some altcoins. He believes that the situation in the Middle East has stabilized, and the overall market trend remains weak.
Eugene pointed out that the rebound of BTC from $99,000 to $106,000 has been completed, and the market will return to its previous operating rhythm. At this stage, he will adopt a trading strategy of 'long BTC, short altcoins' to respond to future market movements.