According to Odaily Planet Daily, trader Eugene announced on social media that he has liquidated all long positions (except for some BTC) and has begun shorting some altcoins. He believes that the situation in the Middle East has settled down 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 'more BTC, less altcoins' to respond to the market outlook.