BlockBeats news, on September 27, top trader Eugene Ng Ah Sio posted on social media that he had reduced some positions and sold some assets. Although there was huge FOMO everywhere, he still tried his best to stick to the plan.
BlockBeats previously reported that on September 25, top trader Eugene Ng Ah Sio posted on social media that my view on the bull market is that I will not blindly desire more profits as prices rise. To me, the 65 to 68k area is a reasonable profit-taking area for early buyers. Many wait-and-see funds will make their final entry at 65k, which may also mean that this is the final upward momentum.
I don’t think the $70,000 cap will be breached before the election, so I won’t choose to add to the position here. If it hits $68,000, I would prefer to liquidate the price down to the 60k area before re-entering the market.