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Top trader Eugene: Expects ETH and SOL to perform well at the appropriate time

2024-11-28 08:16

BlockBeats news, on November 28th, top trader Eugene posted on social media, saying, "This is my best month since the beginning, setting historical records for the highest win rate and profit, and completing the most trades in a month. Despite the impressive data, the feeling this month has been exceptionally difficult, mainly due to BTC's violent rise of 35%. When the benchmark asset rises so fiercely and you miss multiple "home run" level trades in a row, the FOMO (fear of missing) emotion can be very distressing. For example, I almost completely missed out on the market trends of BTC, DOGE, XRP, and ADA, so I feel like I'm not performing well in the face of opportunities. But this is the norm of bull markets. Fortunately, I have achieved good returns on SOL, ETH, and DOGE, making up for some of my relative performance shortcomings. My biggest correct decision is to quickly adapt to the news of Trump's victory and decisively increase my holdings and take risks when the election results are gradually announced on November 6th. Although I held short positions on some altcoins at the time to deal with the possibility of Harris winning, this quick adjustment mentality really saved me. The biggest mistake was not realizing the impact of Robinhood's launch of XRP and ADA, and not paying enough attention to the trends in the Korean market (they were crazily chasing XRP). These are 2-3 times more liquid opportunities that could have doubled my assets. Looking ahead, I believe that we will still be in a PvP (player to player) game market environment before BTC breaks through $100000. I expect ETH and SOL to perform well at the appropriate time, and tokens with lower risk curves will follow suit. Ideally, BTC should not fall below $85000, as that would be quite catastrophic for the overall risk market

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