Trader Eugene: Has Gone Long on Bitcoin and Select Altcoins, Now Is the Time to "Buy the Dip"
Trader Eugene Ng Ah Sio posted on his personal channel, saying, "I'm taking a fairly aggressive long position here, including Bitcoin and some altcoins. I believe that the U.S. airstrikes earlier today, combined with the closure of the Strait of Hormuz, have dealt a series of blows to early bulls and have been enough to shake out weak hands. Now is the time to 'buy the dip.' If the market gaps down directly to $95,000, then all I can say is 'good night,' but this is the bulls' last stand, and I'm already in position."
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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