Eugene: Most positions have been closed out for profit, only the core BTC long position remains.
AI Summary1 min read
TL;DR
Trader Eugene has closed most positions for profit, keeping only a Bitcoin long. He targets $94,000 initially and will reassess if Bitcoin breaks $100,000, preferring to lock in profits and monitor market strength until then.
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BitcoinHalving TokensLayer 1tradingprofit-takingmarket analysisEugene
Odaily Odaily reports that trader Eugene has taken profits on most of his positions, retaining only a long position in Bitcoin Core. He stated that $94,000 was his initial target price, and that uncertainty regarding Bitcoin's movement before reaching $100,000 has increased within the current price range. Eugene indicated that if the price effectively breaks through $100,000, he will reassess and increase his participation; until then, he prefers to lock in year-end profits and observe changes in market strength.