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Trader Eugene: Due to Bitcoin failing to hold above $95,000, I have closed my long position

2025-04-28 00:41

BlockBeats News, April 28th, top trader Eugene Ng Ah Sio stated in his personal channel, "In this wave of altcoin price surge, the internal divergence within the sector is significant. I didn't expect that, amidst some low-cap altcoins surging by 50%-200%, the performance of SOL and ETH would be so lackluster. Considering that Bitcoin failed to hold above $95,000 (which is my reference point to determine if the uptrend is accelerating), I have reduced my long positions and am currently back to a short position. I'll take what I can from this market, and if I can't, I'll exit promptly."

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