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BTC $62,994.20 +0.00%
ETH $1,878.83 -0.02%
BNB $604.50 -0.99%
XRP $1.00 -0.11%
SOL $75.38 +0.22%
TRX $0.3308 -0.40%
DOGE $0.0698 -0.24%
ADA $0.1777 -0.68%
BCH $203.52 -1.12%
LINK $9.39 +0.73%
HYPE $57.40 +1.98%
AAVE $85.97 -0.76%
SUI $0.6767 -0.74%
XLM $0.1568 -0.89%
ZEC $487.44 -0.50%

Trader Eugene: Current reserve asset speculation has no expected returns, and the market has entered the "slow slicing" phase

2025-03-06 16:25:46

ChainCatcher message, trader Eugene Ng Ah Sio stated in the TG group: "Entering March 7, I believe there is no expected return (EV) in speculating on reserve assets. The current price is in a no-trade zone, and I will only focus on mean reversion trades when approaching the edge of the zone.
I see many people slowly giving back their profits to the market, ultimately being drained in a thousand cuts."

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