In the field of digital currency, market trends change rapidly, making investors both excited and anxious. Recently, some seasoned traders have issued warnings about the trend of Bitcoin (BTC), suggesting that it may face significant adjustments in the short term. This prediction has sparked widespread attention and discussion in the investment community.



Famous trader Eugene Ng Ah Sio recently stated that the current market situation is complex and unpredictable. He has chosen to temporarily step back and focus on real life while closely monitoring market trends. Eugene emphasized that once there is a significant price mismatch, especially during a sharp decline in BTC, he will quickly return to the market to seek investment opportunities. This cautious attitude suggests his concerns about the potential risks in the current market.

Another highly regarded analyst, Vivian, has proposed a detailed trading strategy. She suggests starting to gradually build positions from the Asian trading session on August 8, investing 30% of the funds on the first day, followed by another 50% over the next few days, while keeping 20% as a reserve to respond to unexpected market movements. Vivian anticipates that the price of BTC could rise from $108,000 to over $116,000. However, behind this seemingly thorough plan lies a concern about potential significant fluctuations in the market.

In the face of these professionals' analyses and warnings, investors are weighing risks and opportunities. Some choose to remain cautious and wait for a while; others believe this could be a rare entry opportunity. Regardless, in this uncertain market, rational decision-making and risk management are particularly important.

It is important to note that the high volatility of the virtual currency market means that situations can change rapidly. Investors need to remain vigilant at all times, keeping an eye on the latest market trends and professional analyses to make informed investment decisions. At the same time, it is also crucial to remember the high-risk characteristics of virtual currency investments and not to invest more than what they can afford to lose.
BTC-0.22%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
AirdropHunterZhangvip
· 08-09 00:11
Wants to pump suckers to enter again, waiting for the pancake to dump.
View OriginalReply0
HypotheticalLiquidatorvip
· 08-08 20:57
Get Liquidated warning: Credit contraction is coming.
View OriginalReply0
PositionPhobiavip
· 08-08 04:53
Let's just sit back and watch the situation.
View OriginalReply0
DeFiChefvip
· 08-08 04:53
Now everyone is pretending to be bearish.
View OriginalReply0
ForkTonguevip
· 08-08 04:37
Again, bearish traders set the pace.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)