ChainCatcher reported that trader Eugene Ng Ah Sio stated on his personal channel, "I still maintain the view that the market is currently at hell-level difficulty, and one should not make major trades (whether long or short) until I believe market conditions have eased. But for now, all I see is excellent traders being repeatedly cut up by the market like sashimi (including my own small-scale short-term trades, which are no exception)."