Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Eugene: All stop losses hit, this year is tougher than last year, need to reduce trading frequency

Eugene: All stop losses hit, this year is tougher than last year, need to reduce trading frequency

BlockBeatsBlockBeats2026/03/28 04:15

BlockBeats News, March 28th, Trader Eugene Ng Ah Sio posted on his personal channel, stating, "I have exited all positions with stop-loss — gave it a try, but didn't get any returns. 2026 has proven to be more challenging than 2025, which also means the need to reduce trading frequency. It seems that more patience is still required..."


BlockBeats previously reported that on March 16th, Trader Eugene Ng Ah Sio posted on his personal channel, saying, "I have switched to a long position. Considering the general weakening of global risk assets, the crypto market is still showing strength, which is noteworthy — this is the first sign of relative strength in the crypto market since Bitcoin's collapse from $60,000.


Although I didn't catch the bottom, following strong buying after the breakout of the consolidation range is my preferred execution method, as this allows for better risk control. At the same time, several altcoins have also naturally formed a rounded bottom pattern, which makes me believe that the probability of an upward move in the crypto market in the short term is higher. If Bitcoin successfully breaks above $74,000, the entire crypto market may start a comprehensive rally, and I expect major coins like ETH and SOL to return to their previous trading ranges (ETH $2400 / SOL $100)."

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Bank of England hawkish official: Growth exceeds expectations and employment is resilient, which precisely proves that further rate hikes are necessary.

Megan Greene, a policymaker at the Bank of England, stated that the UK's economic growth surpassing expectations and the resilience of the job market indicate that the Bank of England's efforts to curb inflation are still insufficient.

智通财经•2026/10/13 06:32

AI investment is reshaping the bond market! Sunak: By 2027, the net issuance of long-term bonds by technology companies may surpass that of the US government

By 2027, tech companies are expected to become larger net issuers of long-term debt than the U.S. government.

智通财经•2026/10/13 06:16