Eugene: This “alt-chain season” may be the weakest in history, and I am taking a defensive stance towards the market in August.
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最新报道：On July 30th, Bijie.com reported that prominent cryptocurrency trader Eugene (0xENAS) announced he had exited most of his long positions and maintained a defensive stance. He noted that August is historically unpredictable, and this year's market may not be smooth sailing either. Furthermore, he noted that this year's "alt season" may be the weakest in history. While ETH prices have risen, it hasn't led to a significant wealth effect. This suggests that institutional investors are the primary buying force, and funds are not flowing back into the altcoin market. Therefore, he recommends continuing to monitor ETH investments.
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