Trader Eugene: has closed most of the ETH long positions, still holding small market capitalization coin long positions.

BlockBeats news, on August 14, trader Eugene Ng Ah Sio posted on his personal channel stating: "I have closed most of my ETH positions here, significantly reducing risk exposure—although I cannot predict how crazy the market will get, several warning signals are flashing before my eyes. The strategy of building a position in ETH long at $2500 has been fully realized, capturing two rounds of bullish trends (from $2500 to $4000, and then $4000 to $4800). If there is a third round of a surge (assuming it comes true), there will be a scene of traditional finance funds continuously pouring into ETH, with a high consensus in the market. Although this scenario is not impossible, for traders focused on capital protection, the risk-reward ratio of continuing to go long aggressively is no longer attractive. While I still tactically hold long positions in other small-cap coins, I have fully compressed my holdings and switched back to a capital preservation mode. Let's cherish this last celebration as we proceed."