Eugene: All stop losses hit, this year is tougher than last year, need to reduce trading frequency
BlockBeats News, March 28th, Trader Eugene Ng Ah Sio posted on his personal channel, stating, "I have exited all positions with stop-loss — gave it a try, but didn't get any returns. 2026 has proven to be more challenging than 2025, which also means the need to reduce trading frequency. It seems that more patience is still required..."
BlockBeats previously reported that on March 16th, Trader Eugene Ng Ah Sio posted on his personal channel, saying, "I have switched to a long position. Considering the general weakening of global risk assets, the crypto market is still showing strength, which is noteworthy — this is the first sign of relative strength in the crypto market since Bitcoin's collapse from $60,000.
Although I didn't catch the bottom, following strong buying after the breakout of the consolidation range is my preferred execution method, as this allows for better risk control. At the same time, several altcoins have also naturally formed a rounded bottom pattern, which makes me believe that the probability of an upward move in the crypto market in the short term is higher. If Bitcoin successfully breaks above $74,000, the entire crypto market may start a comprehensive rally, and I expect major coins like ETH and SOL to return to their previous trading ranges (ETH $2400 / SOL $100)."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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