【Trader Eugene: Investors in altcoins are eager to sell spot, the market may enter a longer consolidation phase】According to Jinse Finance, trader Eugene Ng Ah Sio expressed his views on the altcoin market on X, stating: "Altcoins (Alts) have quickly fallen back to these levels within 48 hours after forming wick lows, indicating that investors are extremely anxious about holding spot assets and are eager to sell. The market may enter a longer adjustment phase or may quickly decline in a short period of time."