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COINOTAG news reported on September 25 that prominent trader Eugene Ng Ah Sio shared his insights on the current bull market through social media. He emphasized that he refrains from pursuing excessive profits as crypto prices escalate. For him, the $65k to $68k range serves as a prudent profit-taking zone for early investors. He highlighted that many cautious funds might finalize their entries near $65k, potentially marking the last significant upward momentum. Eugene also conveyed his skepticism about the market surpassing the $70,000 level before the upcoming elections. Consequently, he has decided against increasing his positions beyond this point. Should the value reach $68,000, he plans to liquidate and re-enter around the $60k area to capitalize on the market’s corrections.
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