Odaily's renowned trader Eugene has recently adjusted his investment strategy and clarified that he has fundamentally closed his altcoin long positions. He explained that as the market performance of these investment targets did not meet initial expectations, he decided to secure profits step by step.

An interesting point is that this trader still maintains a Bitcoin Core long position. At the same time, he has significantly increased his cash position, waiting for the next trading opportunity. This is interpreted as a move indicating a cautious approach to altcoins in the current market cycle and a shift towards a dollar dominance strategy.