Trader Eugene: Start long BERA to hedge against long-term bearish sentiment towards the overall market

BlockBeats news, on March 21st, trader Eugene shared his trading records today, stating that he has started to long BERA to hedge against long-term bearish sentiment towards the overall market. The logic of BEA mainly includes the following points: 1. Excellent sustainable revenue cycles require participation through BERA (similar to AVAX Rush); 2. Both retail investors and institutional funds hold very light positions; 3. The distribution of chips in the new currency is relatively reasonable. Eugene said that currently being long on BERA is a liquidity position, and "I will actively manage it. However, at present, I believe that the market has clearly underestimated its value, and there may be a significant gap to be filled in the coming weeks