Renowned trader Eugene recently updated his market outlook. After a week of silence, he decided to increase his positions — he has already allocated funds in Bitcoin and is also selecting a few small-cap coins.



His logic is straightforward: Bitcoin has not effectively broken below the $84,000 mark, and currently everyone is on the sidelines with insufficient trading volume. He believes that once large funds start to buy in, the price could be easily driven higher.

More importantly, Eugene is optimistic about seasonal factors. Historically, January has been a volatile month, and with December coming to an end, he believes a new trading cycle is brewing. This wave of market activity may soon pick up again.
BTC-0.78%
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
  • 6
  • Repost
  • Share
Comment
0/400
MoonBoi42vip
· 3h ago
8.4K is indeed a resistant level, Eugene's recent momentum looks quite interesting to me. I don't dare to compete with small caps; the last lesson was deep enough... The idea that the market will warm up in January has been heard too many times. Praying this time it's not the wolf coming. Eugene is starting to add positions, retail investors should reflect, right? Waiting for big funds to sweep in? Feels like waiting for a savior, a bit anxious. Also considering seasonal factors, it's truly the old trick of experienced traders. Bitcoin's support level is indeed solid, but even if it rebounds, I might not chase.
View OriginalReply0
IntrovertMetaversevip
· 3h ago
84k hasn't broken the level, just testing the bottom line. I bet Eugene can make a profit this time.
View OriginalReply0
BearMarketMonkvip
· 3h ago
Seasonal cycles... another comfortable story. Should it rise if it doesn't break below 84,000? I remember that historically, this kind of "support level theory" tends to fail the fastest.
View OriginalReply0
BasementAlchemistvip
· 3h ago
The 84,000 level is a support; I trust Eugene's intuition. Last time he said this, the market indeed went wild. Eugene is starting to place bets again. I've heard this seasonal logic many times; how does he always manage to profit? I need to observe this small-cap move carefully. Increasing positions easily gets you trapped. Eugene is really bold. Has January always been a rising wave over the years? How did last January turn out? Can't quite remember. If you ask me, waiting for big funds to sweep in is similar to waiting for a pie from the sky, but Eugene really hasn't lost.
View OriginalReply0
DefiEngineerJackvip
· 3h ago
lol so eugene's basically saying "support holds therefore moon" — like we haven't seen this exact narrative before every single rug 💀 seasonality tho? *sigh* that's not how market mechanics work empirically. show me the formal proof or it didn't happen ser
Reply0
MidnightTradervip
· 3h ago
84,000 this threshold, Eugene still dares to add positions, he must have some skills Eugene is starting to stir again, it seems he can't hold back, some people were indeed gambling in January Eugene's thinking... I've heard the seasonal explanation too many times, every time they say it will warm up Adding to small-cap coins? This guy has quite a big nerve, small caps are extremely risky Trust Eugene's moves? Better trust your own wallet Waiting for his posts, missing the rhythm for a week is really easy
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)