[Trader Eugene: Bulls have not completely lost ground, and the overall global risk market and macro outlook remain positive] BlockBeats news, on November 4, trader Eugene Ng Ah Sio posted on his personal channel, saying, 'Jokes aside, the current price action (PA) aligns with my expectations for the market structure transitioning from Phase 3 (Regime 3) to Phase 4 (Regime 4). The evolution of events takes time, and Bitcoin has not fallen below $100,000 yet, so the bulls have not completely lost ground. However, the slower the decline and the longer the price stays in this range, the worse the outlook becomes. I believe the next few months will be tough for most of us. We must find a balance between preserving capital and avoiding falling into excessive bearishness (bearholed). Of course, completely cutting off and exiting the market is not the best choice either—after all, the overall global risk market and macro outlook remain positive. The trend of crypto speculators flowing into the global stock market is likely to continue until that 'omega bubble' bursts. But I think entering the stock market now is like buying NFTs in mid-2021. In moments of dilemma, only poetic guidance can lead us on our path among the stars.'