On July 31st, top trader Eugene Ng Ah Sio posted on social media that he is not too concerned about short-term price fluctuations now, because he has completed the long-term holding of counterfeit products. Next, he will take a wait-and-see attitude, stop trading frequently, and just quietly observe the market trend to see if the final result is a profit or a loss.
The structural supply of Mt. Gox is coming to an end, interest rates are coming down, and FTX deposits are due to be repaid at the end of the year. The only disconcerting thing is that Hamas is closer to Trump in the polls because of the Republicans' recent unforced error. But the short-term picture is clear. Just take it and be done.
Top trader Eugene Ng Ah Sio: has completed the long-term holdings of counterfeit products, no longer care about short-term trends
2024-07-31 04:06:30
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