According to Jinse Finance, trader Eugene stated in his community post, "I've adjusted some of the positions, but the overall net exposure remains unchanged; it's just a matter of navigating the current period of market volatility." Previously, on June 29, trader Eugene posted in his community, "I've gone long on some altcoins—I have a gut feeling that a significant rally is coming soon. Trading volume and market sentiment are almost nonexistent, and nearly everyone I know is staying away from the market."