Trader Eugene: Bearish Bias Contradicted by Price Action, Entering a State of Cognitive Dissonance

BlockBeats News, April 20th, top trader Eugene Ng Ah Sio posted on his personal channel, stating, "I have closed the Bitcoin short position opened at breakeven point this morning. The market has once again shown strong momentum, actually continuing to reclaim the previous trading range. I have to confront my bearish bias, especially during the tariff panic period, where altcoins seem to have bottomed out. Currently in a contradictory state: logically, I believe there is a lack of upward momentum, but the price trend continues to negate this judgment. Ultimately, I need to confront this deep-seated bearish tendency."

Trader Eugene had previously stated around 1 am today, "I have reopened a BTC short position, with a simple and direct strategy. Entry at $85,400, target price below $80,000."