Trader Eugene Ng Ah Sio has closed most of his long positions to secure profits, maintaining only his core long position in Bitcoin. Initially targeting a rebound to $94,000, Eugene is now uncertain about Bitcoin's price movement between $94,000 and $100,000. He plans to wait for a breakout above $100,000 before reassessing his market strategy. Eugene had previously gone long on Bitcoin and small-cap altcoins, citing favorable upside potential below $900,000 and anticipating January's historical volatility.