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Trader Eugene: I have taken a small short position on ETH, SOL, and XRP, anticipating that the market will struggle to sustain a rebound rally.

2025.04.12 11:24:34

April 12th: The prominent trader Eugene Ng Ah Sio shared on his personal channel that when Bitcoin reached $83,500 last night, he had placed a small short position in ETH, SOL, and XRP. Barring direct intervention by the Federal Reserve or a significant easing of tensions between China and the US regarding tariffs, it is not anticipated that the market will witness a sustained upward trend.
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