Eugene: Garrett Jin is significantly reducing BTC holdings, current market trading difficulty is extremely high

Odaily News Trader Eugene posted on his personal channel, stating that Garrett Jin is rapidly reducing his Bitcoin (BTC) positions. Eugene said he does not want to become the other party's exit liquidity, so he has once again chosen to stay on the sidelines. He pointed out that the current market trading difficulty is at an extremely high level, and he will only participate in trading opportunities with clear risk-reward ratios (R/R) going forward. Eugene also reflected that yesterday's bottom-fishing was a good "catching a falling knife" operation, but the final profit result could have been better.