On April 22, top trader Eugene Ng Ah Sio posted on his personal channel, saying, "Bitcoin has broken through $90,000, and the price has risen to my wall of worry. My bearish bias has been essentially negated. If this can continue, I will look for long opportunities in Altcoins. Market euphoria will resurge in a wide range of Altcoins, and I will dive deep into research again."
Recently, Eugene had posted, "I have closed my Bitcoin short positions at the break-even point. The market has once again demonstrated strong momentum and is actually continuing to recover previous trading ranges. I have to face my bearish bias, especially during the tariff panic period, when Altcoins seem to have bottomed out. I am currently in a state of contradiction: logically, I believe there is a lack of upward momentum, but price trends continue to negate this judgment. Ultimately, I need to confront this deeply rooted bearish tendency. I choose to remain on the sidelines and maintain a net hedged position."
