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Trader Eugene: If Bitcoin can maintain its upward trend, short-term altcoin trading opportunities may emerge

2025-05-26 07:34

Odaily News Trader Eugene Ng Ah Sio wrote on his personal channel that “Despite the volatility along the way (especially in the altcoin market), as of now, Bitcoin still maintains a clear upward trend and is currently trying to re-enter $110,000. As long as this trend is maintained, there will still be opportunities for short-term or swing trading in the altcoin market, and the upside of various tokens is expected to be adjusted upward. This is a manifestation of the "wall of worry": early longs begin to take profits and are then replaced by marginal buyers who gradually recognize the trend.”