Trader Eugene: The pullback is still a buying opportunity, currently most optimistic about SOL and XRP.

GateUser-6433627c · 2025-04-29T16:21:18+00:00

Article Summary: Top traders point out that recent Bitcoin and US stock prices have been affected by multiple negative news, but the price performance remains solid. He believes the market structure is stable, and pullbacks are buying opportunities. He is optimistic about the SOL and XRP projects.

GateUser-6433627c

2025-04-29 16:21:18

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On April 30, top trader Eugene Ng Ah Sio posted on his personal channel, stating, “In the past, we have increasingly seen some negative news emerge, but the price impact on Bitcoin and US stocks has been minimal. In the past 48 hours, we have experienced the following events: · Repeated range-bound negotiations between China and the US over tariff issues have increased market uncertainty · MicroStrategy’s massive purchase of Bitcoin indicates that its subsequent buying space is limited if it does not raise more funds · Escalation of military conflict between India and Pakistan However, Bitcoin remains at $95,000. This indicates that the structural changes in the market remain solid, and pullbacks continue to be buying opportunities. I do not intend to discuss projects outside of the major coins, but currently, I am most optimistic about SOL and XRP.”

SOL1,31%

XRP1,72%

BTC0,41%

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