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Trader Eugene: Bitcoin May Hit All-Time High, Altcoins Expected to Strongly Rebound

Trader Eugene: Bitcoin May Hit All-Time High, Altcoins Expected to Strongly Rebound

星球日报星球日报2025/05/10 04:33
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Odaily Planet Daily News: Trader Eugene Ng Ah Sio stated in his personal channel that although he correctly predicted the upward trend this time, his actual gains were not satisfactory due to being stopped out prematurely by market fluctuations.
Looking ahead, this rise to $100,000 has confirmed the previous support reversal at $90,000, and the market is likely to challenge the historical high again. This was not the expected scenario, but funds from MicroStrategy and ETFs seem to be flowing continuously. In contrast, until yesterday, most veteran players in the crypto space were still on the sidelines (or even shorting). As the expectation of a new historical high reignites market enthusiasm, the total market value of altcoins is expected to see a strong rebound.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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