Analyst Eugene: The crypto market is still in a bear market, leaning towards looking for shorting opportunities in altcoins during rebounds

2025-04-15 16:32:38

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ChainCatcher news, crypto analyst Eugene stated that due to the shift in price drivers from industry-specific to macroeconomic factors, his market judgments over the past month have not been effective. He once believed he had a keen insight into market trends, but recently feels he has deviated. Since March, his trading volume has decreased by 60-70% compared to the average, essentially breaking even. Eugene plans to continue maintaining low trading volume and tight stop-losses until market trends become favorable for him again. He emphasized that the macro trend of the crypto market remains unchanged and is still in a bear market. He tends to look for shorting opportunities in non-BTC altcoins during bear market rallies, as these coins have not yet reached deep value ranges.

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