$BTC #BinanceHODLerHYPER $BNB
According to BlockBeats, top trader Eugene Ng Ah Sio recently shared insights on his personal channel, emphasizing his preference for technical analysis over fundamental analysis in trading. He explained that the ever-changing market conditions make it difficult to rely solely on fundamentals. While Bitcoin's performance might correlate with gold today, he noted, it could just as easily align with the S&P index tomorrow.
Ng Ah Sio also highlighted the challenges of predicting market trends and advised caution when investing based on bullish sentiments. He mentioned that if he had to choose, he wouldn’t invest in gold or short the S&P index. Instead, he prefers to stay neutral—hedging his portfolio and letting price movements dictate his strategy.