Trader Eugene: Currently Long on <strong>Bitcoin</strong>, Mainstream Altcoins Could See 10 to 20% Uptrend

Eugene believes that discovering opportunities relies on experience, trial and error, and nurturing intuition.

1. The Federal Reserve will announce its interest rate decision at 2 a.m. on August 1 2. Matrixport said Bitcoin is currently uncorrelated with Nasdaq 3. An address successfully sniped NEIRO through Banana Gun, with a floating profit of more than 116 times 4. Top trader Eugene Ng Ah Sio has completed the long-term holding of altcoins 5. Bitcoin mining difficulty increased by 10.5% to 90.67 T, a record high

1. Bitcoin rebounded above $56,000, with a 24-hour increase of 0.61% 2. SOL price rebounded to above $140 in a short period of time, with a 24-hour increase of 5.62% 3. BNB rebounded above $480, and the 24-hour decline narrowed to 2.06% 4. ZkRollup network Zircuit opened ZRC airdrop applications, 7% of ZRC supply (262,200 addresses) are eligible to receive, with a total of 10 billion, 21% for airdrops and community reward distribution 5. Top trader Eugene Ng Ah Sio hinted on social platforms that he may have opened a position again, involving 2x perpetual contract positions of ETH and SOL

Last week, Ethereum spot ETF saw a net inflow of $349 million, while Bitcoin spot ETF saw a net outflow of $388 million during the same period.