#机构与散户持仓行为 Seeing Eugene's moves, I am a bit excited! The end-of-December node is indeed very interesting — institutions are on holiday, market trading volume has completely collapsed, and the order book is as thin as a spider web. What does this mean? As long as a few big buyers step in, the price can be easily pushed.

The key is that he dares to go long below $90,000, and I strongly agree with the logic behind this: historically, January tends to be highly volatile, and the strange calm at the end of December simply can't hold. Sellers are exhausted to the limit, and bullish voices are heating up.

This actually reflects an interesting market game — retail investors are often overwhelmed by panic, but what are smart big funds looking at? They are hunting for opportunities where prices have been irrationally hammered down. Bitcoin, which failed to effectively break below $84,000, already reveals the strength of the bottom support. As for small-cap altcoins, Eugene says most are nearing the end of their decline, which further hints that opportunities for selection are emerging.

Instead of stressing over high positions, it's better to take advantage of the current thin order book and clear stop-loss levels to test the waters — this is the thinking pattern of savvy traders. The New Year’s market often quietly kicks off during these moments when "everyone is on holiday."