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Eugene: Long position was "liquidated" this time, has exited the trade
BlockBeats News, February 1st, trader Eugene Ng Ah Sio posted in his personal channel, saying, "It seems that this time we were actually the ones being 'harvested.' I'm pulling out first."
BlockBeats previously reported that on January 30th, trader Eugene Ng Ah Sio posted in his personal channel, saying, "This morning, I have redeployed a position of a relatively reasonable size. In the recent continuous market onslaught, it seems that even the most steadfast bulls have been liquidated. Emotionally, we can clearly see a lot of frustration and surrendering liquidations (along with many people calling for even lower prices). In my opinion, the risk/reward for a long position here is quite good, with a clear stop-loss below $80,000. I don't believe that crypto assets will underperform all risk assets in the long term. The current high probability is that we are at the end of this relatively weak phase. It's time to fire up again."
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