Trader Eugene: ETH Appears Resilient, Has Opened Long Positions on ETH and SUI
According to ChainCatcher, trader Eugene Ng Ah Sio stated on his personal channel, "Today, based on the overall defensiveness of altcoins against BTC, I have opened some long positions. These are short-term trades on a low time frame (LTF), not holdings on a high time frame (HTF), but ETH appears resilient enough to hold the $3,500 level. I currently hold long positions in ETH and SUI. If ETH falls below the $3,500 low, the trade will be invalidated."
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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