BlockBeats News, February 1st, trader Eugene Ng Ah Sio posted on his personal channel stating, “It seems that this time we were actually ‘harvested,’ so I’m pulling out first.”
BlockBeats previously reported that on January 30th, trader Eugene Ng Ah Sio posted on his personal channel saying, “This morning, I redeployed a relatively reasonable-sized position. The recent continuous attacks in the market seem to have wiped out even the most steadfast bulls, and the sentiment clearly shows a lot of frustration and capitulation (with many calling for even lower prices). In my opinion, the risk-reward ratio for going long here is quite good, and the stop-loss is very clear, set below $80,000. I don’t believe cryptocurrencies will underperform all risk assets in the long run; we are probably at the tail end of this relatively weak phase. It’s time to fire again.”
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
