- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
Trader Eugene: Closed most of the long positions, locked in profits, ready for the next opportunity
BlockBeats News, July 22nd, trader Eugene Ng Ah Sio posted on his personal channel stating, "I have already exited from the majority of my long positions. Ethereum has surged from $2500 to $3800. To see such a price movement within two weeks is the best outcome I could ask for."
"I believe the 'easy' part of this trade has been completed. If I were to continue holding, I would need to have more psychological resilience when it comes to breaking the all-time high. I have never been good at chasing momentum trades, so I leave this part to those who are good at it. From a position perspective, the market has shifted from 'underleveraged' to 'overleveraged,' with institutional buyers significantly increasing their positions over the past few days."
"ETHBTC has also just hit my mid-term target of 0.03, indicating that the entire trading thesis has been almost perfectly realized. Now, I choose to take profits and prepare for the next opportunity."
You may also like
China's AI Compute Power Counterstrike
Global Assets Plunge: Hormuz, Chips, and a South Korean Holiday
Bloomberg has reported twice, Hyperliquid once again in Wall Street's radar
Trump Backs Crypto Bill, SEC Halts Leveraged ETF, What Is the English-Speaking Crypto Community Talking About?
OpenClaw Floods Into Polymarket, Some Making Tens of Thousands Per Month
Understanding Trump's "Warfare Playbook": Ten Signals Investors Must Know
Iranian Missile Heading Toward UAE, Claude Also Within Range
Successive Core Team "Heroes" Depart, Has Aave's DAO Dream Crumbled?
Is This the Year of the Robot? A Deep Dive into Robotics Projects
When AI Takes Over Money: Bitcoin Becomes the "First Choice," Fiat Is Left Out
AI Trading in Live Markets: 4 Lessons From a WEEX Hackathon Top 10 Finalist
AI trading meets real markets. Explore 4 lessons from a WEEX Hackathon Top 10 finalist on surviving volatility, trusting AI models, and building smarter crypto trading systems.
MegaETH Co-founder: 48 Hours After Leaving Dubai, I Reassessed the Entire Crypto Space
Web3 Winter Mass Exodus: Resignations, Closures, Transformations, and Acquisitions
Key Market Information Discrepancy on March 4th — A Must-Read! | Alpha Morning Report
During the weekend market closure, Hyperliquid more accurately predicted the Gold reopening price than Binance
OpenClaw thrusts crypto project Venice.ai into the spotlight as its token VVV surges over 500% in a single month
Different Rulings in Similar Cases: Why can Uniswap go free while Tornado Cash cannot?
App