[Trader Eugene Opens ETH Long Position at BTC Low Point, Predicts Short Squeeze] Crypto trader Eugene stated that he has established an ETH long position near BTC's low point on October 11, calling it the 'last line of defense' for the bulls. He noted that market sentiment is excessively bearish, with 'bearish' voices dominating chat rooms and social platforms. He predicts a potential short squeeze in the near future.