Top Trader Predicts Market Stagnation Without Major Interventions
According to BlockBeats, top trader Eugene Ng Ah Sio shared insights on his personal channel, revealing that he initiated small short positions on ETH, SOL, and XRP when Bitcoin reached $83,500 last night. He expressed skepticism about the market's ability to sustain momentum unless there is direct intervention from the Federal Reserve or a significant easing of U.S.-China tariffs.