Odaily News Well-known trader Eugene said that he is constantly re-evaluating the market's bearish stance, because the real big money often makes money when it is long, and being overly bearish may be the biggest mistake.
Eugene stressed that market views need to remain flexible, and new information may change the market landscape at any time. The key is to quickly interpret and adjust strategies. He reminded investors not to be overconfident in any market forecasts, but to make corresponding judgments based on real-time data.
As previously reported, Eugene has pointed out that Bitcoin (BTC) still has downside risks and may test the psychological barrier of $66,000 of MicroStrategy founder Michael Saylor. He believes that the upward trend or range of BTC has been broken in all time frames, and $75,000 is the last support. In addition, considering the correlation between BTC and US stocks, he does not expect a reversal in the short term due to the remarks of Trump, Bessent or Fed Chairman Powell.