Trader Eugene: Increase long ETH positions. If Bitcoin is not a fake breakout, a large number of short positions may be forced to close out

律动BlockBeats|Apr 21, 2025 01:31
According to BlockBeats, on April 21st, top trader Eugene Ng Ah Sio posted on his personal channel that he has increased his long position in ETH. If Bitcoin breaks through $86000 this time without a false breakout (SFP), I believe this is enough to force a large number of default short sellers to passively close their positions. At that time, market sentiment may be completely dominated by "animal spirits"
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