Renowned trader Eugene stated that he has essentially exited the crypto market and shifted to investing in U.S. stocks, believing that the current crypto market lacks attractive risk-reward opportunities. He also expressed a pessimistic view of Strategy and Michael Saylor, believing that the relevant pattern may be beginning to break down. Given the high correlation between Strategy and Bitcoin's price, he would not consider going long on Bitcoin and said he has no intention of bottom-fishing at the moment.

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