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Trader Eugene: Despite Iran Situation Ending, Crypto Market Trend Still Downward

Summary: In a recent post on his personal channel, trader Eugene announced that besides holding some Bitcoin, he has closed all other long positions and started shorting specific coins. He believes that despite the end of the Israel-Iran situation, the overall trend of the coin market is still downward. After experiencing a good rebound from $99,000 ...

In a recent post on his personal channel, trader Eugene announced that besides holding some Bitcoin, he has closed all other long positions and started shorting specific coins. He believes that despite the end of the Israel-Iran situation, the overall trend of the coin market is still downward. After experiencing a good rebound from $99,000 to $106,000, the market has now returned to its previous state, unrelated to geopolitical factors. At this stage, his strategy is to go long on Bitcoin and short XXX (certain coins).

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