Despite Bitcoin’s recent surge past $90,000, trader Eugene remains cautious and struggles to adopt a fully bullish stance. This defensive mindset stems from his experience in the market, with previous short positions on Ethereum, Solana, and Ripple leading him to exit those trades earlier this year when Bitcoin reached $83,500. This hesitation has persisted even as Bitcoin consolidated around $94,000 after exceeding the threshold. Eugene’s views affect not only his trading decisions but also market dynamics in general. Analysts predict a possible move above $100,000 soon, fueled by investor optimism and positive technical indicators. However, Eugene’s hesitation reveals the influence of defensive strategies on broader market adaptation.