Previously, the legendary trader Eugene, known as 'Dove,' who chose to take profit on most of his positions when Bitcoin rebounded to $94K, believes that from a macro perspective, the market doesn't look good and predicts that cryptocurrencies are likely to continue declining. Heading into 2026, he thinks there’s a possibility that cryptocurrencies might see a catch-up rally since other risk assets in the market have risen. However, for now, it seems unlikely, so he’s taking a break and staying on the sidelines.