Trader Eugene: The previous short position has been stopped out, the market is showing strength and will mainly adopt a wait-and-see approach
Odaily Planet Daily reports that trader Eugene has posted that his short position has been stopped out, with the risk of this trade controlled at 2%. He pointed out that the market is showing significant strength, and there is a trend to regain key positions (such as $125 for SOL), so he will temporarily switch to observing.
Previous news reported that Eugene had slightly shorted ETH, SOL and XRP when BTC touched $83,500.
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.
You may also like
London Stock Exchange Group launches blockchain-based digital settlement service
South Korean National Assembly Passes Legislation to Institutionalize Security Token Offerings (STO)