Trader Eugene: If Bitcoin Can Maintain Its Uptrend, Short-term Altcoin Trading Opportunities May Emerge
Top trader Eugene Ng Ah Sio stated in his personal channel that despite the continuous volatility along the way (especially in the altcoin market), Bitcoin has maintained a clear upward trend so far and is currently attempting to reclaim $110,000. As long as this trend is maintained, there is still an opportunity for short-term or swing trading in the altcoin market, and the potential for various tokens to rise may be revised upwards. This is a manifestation of the wall of worry: early long-position holders begin to take profits, subsequently replaced by marginal buyers who gradually recognize the trend.
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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