This morning, legendary trader Eugene and the famous old black man Arthur Hayes both opened more ETH positions at the same time. The last time two people went long at the same time, ETH rose from 2,700 to 3,700 today, but Eugene believes that in the short term, Bitcoin needs to break through 120,000 as soon as possible, otherwise the entire market will lose its upward momentum and fall into a big shock. Now its ETH long stop loss is around 3500, which is a short-term strategy.