Odaily Planet Daily News: Trader Eugene posted that he has long ETH for the first time since early January. He pointed out that from a technical perspective, the slow upward trend of ETH since early April is relatively clear, and ETH's structural short positions as the default short opponent are already quite crowded. If BTC can break through $86000, he expects the market to be overall active and demonstrate through ETH and other altcoins.
Eugene added that he always makes decisions based on imperfect information and often oscillates between viewpoints. In order to control risks, he has lowered his position size to reduce the impact of erroneous judgments on profit and loss fluctuations.
