ChainCatcher reports that top trader Eugene Ng Ah Sio posted in his personal channel, saying, "I have closed the Bitcoin short position I opened this morning at the break-even point. The market has once again demonstrated strong momentum and is actually continuing to recover previous trading ranges. I must confront my bearish bias, especially during the tariff panic period, as Altcoins seem to have bottomed out. I am currently in a conflicting state: logically, I believe there is a lack of upward momentum, but price trends continue to deny this judgment. Ultimately, I need to face this deeply rooted bearish tendency."
Trader Eugene had previously stated around 1 AM today, "I have re-established a BTC short position with a simple and direct strategy. Entering at $85,400, with a target of falling below $80,000."
