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Trader Eugene: Tends to seek short selling opportunities for altcoins during bear market rebounds, will continue to maintain low trading volume and strictly set stop losses

律动BlockBeats
律动BlockBeats|4月 15, 2025 08:22
BlockBeats news, on April 15th, top trader Eugene Ng Ah Sio posted on his personal channel, saying, "The past month has been very difficult. Due to a structural shift in the price driving factors of the cryptocurrency market, from being dominated by internal industry factors to being dominated by macro factors, my intuition and judgment of the market have begun to fail. I used to feel that I had a certain "advantage" in judging market trends because I could explain market changes very well, but now this feeling is no longer there. This may just be a bad trading cycle, or it could mean other deeper changes that only time can prove. Since March, I have been basically in a break even state, with trading volume decreasing by 60-70% compared to the average level last month. I will continue to maintain low trading volume and strictly set stop losses until the market trend is confirmed to be favorable to me again. I would like to emphasize once again that I still do not believe the cyclical pattern of the cryptocurrency market has changed - we were already in a bear market before the tariff policy was introduced, and I believe this is still the case now. I still tend to look for short selling opportunities for altcoins (non Bitcoin) during bear market rebounds, because I believe that these currencies are far from entering the "deep value" zone at present
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