Eugene: All stop losses hit, this year is tougher than last year, need to reduce trading frequency

BlockBeats News, March 28th, Trader Eugene Ng Ah Sio posted on his personal channel, stating, "I have exited all positions with stop-loss — gave it a try, but didn't get any returns. 2026 has proven to be more challenging than 2025, which also means the need to reduce trading frequency. It seems that more patience is still required..."

BlockBeats previously reported that on March 16th, Trader Eugene Ng Ah Sio posted on his personal channel, saying, "I have switched to a long position. Considering the general weakening of global risk assets, the crypto market is still showing strength, which is noteworthy — this is the first sign of relative strength in the crypto market since Bitcoin's collapse from $60,000.

Although I didn't catch the bottom, following strong buying after the breakout of the consolidation range is my preferred execution method, as this allows for better risk control. At the same time, several altcoins have also naturally formed a rounded bottom pattern, which makes me believe that the probability of an upward move in the crypto market in the short term is higher. If Bitcoin successfully breaks above $74,000, the entire crypto market may start a comprehensive rally, and I expect major coins like ETH and SOL to return to their previous trading ranges (ETH $2400 / SOL $100)."

Correction/Report

RelatedRecommended

Exclusive Interview with 'Dove' Eugene: In the Crypto World, Survival Always Comes First | In-Depth Conversation

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

Rhythm Evening News｜A list of important information in the crypto industry on July 31

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

Rhythm Morning News｜A summary of important news from last night and this morning on August 6

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

From ETF Fund Flow Forecasting to Predicting the Post-Halving Scenario, Is ETH Finally Taking the Baton from BTC?

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.

Critical Market Intelligence for March 20th, how much did you miss out on?

On-Chain Activity