ChainCatcher news, trader Eugene posted on social media that he has currently closed all long positions (except for some BTC) and has started shorting some altcoins. He believes that the impact of the Middle East situation has come to an end, and the overall market trend remains weak.
He 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 the market ahead.

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