Analyst Eugene: Currently it is uncertain whether the market is bullish rebound or bearish adjustment, follow the direction after March 7th

PANews reported on March 3rd that the encryption analyst Eugene stated that he previously held a large amount of long positions before the news related to Trump, but has now closed most of the positions. He believes that when BTC reaches $80,000 and Solana reaches $130, longs will have the advantage, but the market has now become neutral. He expects both long and short positions to face risks of losses in the short term, and only traders who operate cautiously can profit. He also stated that it is currently uncertain whether the market is bullish or bearish, and plans to make a decision based on market trends after March 7. Until then, he will maintain a light position to control risks. At the same time, he is skeptical about whether Trump can push legislation related to Solana, Cardano, and Ripple through Congress, but also acknowledges Trump's ability to achieve goals, which will require further observation in the future. Earlier, Tangent co-founder Darryl Wang admitted that Eugene is his alternate account, but denied any improper behavior such as artificially raising prices, charging for promotion, etc.