[Eugene: Closed most long positions for profit-taking, will consider re-entering after breaking $100,000] BlockBeats News, January 6 – Trader Eugene Ng Ah Sio posted on his personal channel that he has closed most of his long positions for profit-taking, retaining only a core Bitcoin long position. The rebound to $94,000 was the original target, but he is uncertain about the movement between $94,000 and $100,000. He plans to wait for a breakout above $100,000 before considering re-entry and is satisfied with starting the new year with profits. On December 26, Eugene stated that he had gone long on Bitcoin and some small-cap altcoins. 'The upside potential for going long below $90,000 is quite decent, with clear stop-loss levels. I’d rather test the waters here now than hesitate and feel lost at $95,000 or even $100,000. Additionally, January has historically been a highly volatile month, and I predict that as December ends, this volatility will return in some form.'