Top Trader Eugene Ng Ah Sio Halts Updates Amid Fake News Surge, Temporarily Backs BTC and SOL

In a recent update, prominent trader Eugene Ng Ah Sio announced via his personal channel that he will refrain from sharing updates for the foreseeable future, citing a surge in misinformation within the crypto space. This strategic pause comes as market participants navigate through a landscape fraught with fake news and unsubstantiated claims. Currently, Ng has opted to maintain a modest long position on Bitcoin (BTC) and Solana (SOL), leveraging potential short-term price movements based on prevailing market conditions. His cautious approach underscores the necessity for investors to exercise due diligence and critically assess the reliability of market news, especially with unfounded rumors suggesting off-exchange funds are poised to enter the market soon. As the crypto industry grapples with volatility, adhering to verified information remains essential for informed trading decisions.