Trader Eugene: The longs have not completely surrendered yet, with overall global risk markets and macro outlook still leaning positive
BlockBeats News, November 4th, trader Eugene Ng Ah Sio posted on his personal channel, stating, "Jokes aside, the current Price Action (PA) aligns with my expectation of the market structure transitioning from Regime 3 to Regime 4. The evolution of things takes time, and Bitcoin has not yet dropped below $100,000, so the bulls have not completely lost ground.
However, the slower the decline and the longer the price stays in this range, the worse the outlook. I believe the next few months will be challenging for most of us. We must find a balance between preserving capital and not falling into bearholed.
Of course, a complete disconnection and a total exit are not the best options—after all, the global risk market and the overall macro outlook are still positive.
The trend of crypto speculators flowing into the global stock market is likely to continue until that 'omega bubble' bursts. But I think entering the stock market now is like buying NFTs in mid-2021. At this crossroads, only by borrowing poetic guidance can we navigate among the stars."
You may also like

The Aave civil war escalates, Morpho quietly doubles: Is the lending throne about to change hands?

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market

Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"

Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious

The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday

Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?

The little deer live by the water and grass

The world belongs to Chinese people who speak English

Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth

Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot

Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply

Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer

Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?

$1.3 Billion Debt: BitDeer Faces Tough Battle

Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No

Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund

Ethereum Unveils Scaling Roadmap, What's Different This Time?
