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Trader Eugene: Increase long position in ETH, if Bitcoin is not a fakeout, a large number of short positions may be forced to close position.
BlockBeats news, on April 21, top trader Eugene Ng Ah Sio posted on his personal channel, stating, "I have increased my Long Position on ETH, and if Bitcoin breaks through 86,000 USD this time without a fakeout (SFP), I believe it will be enough to force a large number of default shorters to passively Close Position, at which point market sentiment may be completely dominated by 'animal spirits.'"