Eugene: Garrett Jin is significantly reducing his BTC holdings; the current market trading difficulty is extremely high.

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According to ME News, on February 7th (UTC+8), trader Eugene posted on his personal channel that Garrett Jin is rapidly reducing his Bitcoin (BTC) position. Eugene stated that he does not want to become Garrett's exit liquidity and has therefore chosen to remain on the sidelines. He pointed out that the current market is extremely difficult to trade, and he will only participate in trading opportunities with a clear risk-reward ratio (R/R). Eugene also recalled that yesterday's buy the dips was a good "catch-the-fall" operation, but the final profit could have been better. (Source: ME)

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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