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Trader Eugene: The Middle East event has ended, and the market has returned to a downward trend. In the short term, adopt a long BTC short altcoin strategy.
OdailyOdaily Daily News Trader Eugene expressed on the social platform that he has now closed all positions for long orders (except for some BTC) and started shorting some altcoins. He believes that the impact of the Middle East situation has come to an end, and the overall market trend is still weak. He pointed out that BTC has completed its rebound from $99,000 to $106,000, and the market will return to its previous pace. At this stage, he will adopt a trading strategy of ‘long BTC, short altcoin’ to deal with the future market.