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Trader Eugene: Middle East situation resolved, market returns to downward trend, short-term adopting long BTC short altcoin strategy

Summary: Trader Eugene posted on social media that he has closed all long positions (except for some BTC) and started shorting some altcoins. He believes the impact of the Middle East situation has ended, and the overall market trend remains weak. Eugene pointed out that the rebound of BTC from $99,000 to $106,000 has been completed, ...

Trader Eugene posted on social media that he has closed all long positions (except for some BTC) and started shorting some altcoins. He believes the impact of the Middle East situation has ended, 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 pace. At this stage, he will adopt a 'long BTC, short altcoin' trading strategy to deal with the future market.

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