Eugene: Temporarily exit all markets, high probability of further market downturns
BlockBeats News, January 23, trader Eugene Ng Ah Sio announced on his personal channel, "I don't quite understand the latest price trends for this week, so I plan to observe for a while. Looking at the higher time frame (HTF), the pattern is not ideal, and my assessment is that the price will most likely decline.
I was hoping the New Year would bring enough momentum to push the price above $100,000 and catch up with other risk assets, but now it seems that this scenario is unlikely to happen.
Temporarily exiting all markets, returning to real life, once again 'touching grass.'"
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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