Trader Eugene: Has built a position in ETH long order at the BTC low on 10/11, expecting a short positions squeeze in the market.

Odaily News Encryption trader Eugene stated in a post that he has established a long order position in ETH near the low point of BTC on October 11, and referred to the current situation as the “last line of defense” for long positions. He pointed out that market sentiment is overly bearish, with “bearish” voices dominating in chat areas and social platforms, and he expects that there may be a wave of short squeeze in the near future.

BTC3.38%
ETH6.23%
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