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Trader Eugene: Market views need to be adjusted flexibly, excessive bearishness may be the biggest mistake
Odaily Planet Daily News Renowned trader Eugene said he is constantly reevaluating his bearish stance on the market because real big money is often made when going long, and sticking too much to bearishness may be the biggest mistake. Eugene emphasized the need for flexible market views, as new information may change the market situation at any time. The key is to quickly interpret and adjust strategies. He reminded investors not to be overly confident in any market forecasts, but to make judgments based on real-time data. Earlier reports indicated that Eugene pointed out that Bitcoin (BTC) still faces downward risks and may test the psychological level of $66,000 for MicroStrategy founder Michael Saylor. He believes that the upward trend or range of BTC has been broken in all time frames, and $75,000 is the final support. In addition, considering the correlation between BTC and the US stock market, he expects no reversal in the short term due to comments from Trump, Bessent, or Fed Chairman Powell.