Top Trader Eugene Ng Ah Sio Predicts Bitcoin Cap at $68k Amid Market FOMO

On September 27, renowned trader Eugene Ng Ah Sio disclosed via social media that he has strategically reduced some positions and liquidated specific assets. Despite the pervasive FOMO, he remains committed to his investment strategy. Just two days prior, on September 25, Ng Ah Sio had shared his market perspective, emphasizing a cautious approach amidst the current bull market. He identified the price range between $65,000 to $68,000 as an optimal zone for early investors to realize profits. This range, according to Ng Ah Sio, is likely the final entry point for many funds exhibiting a wait-and-see stance, indicating a probable peak in the short-term upward movement of the market. He remains skeptical about breaking the $70,000 threshold before the upcoming election and has expressed a preference to liquidate if prices reach $68,000, aiming to re-enter the market around the $60,000 level.