Top trader Eugene: Currently liquidated, market is expected to experience significant volatility in the next two weeks
According to BlockBeats, on October 30th, top trader Eugene posted his trading summary for October on his social media platform, stating that "the theme of this month's trading is buying on dips. At the beginning of the month, he cut losses at the low points of WIF and PEPE due to early bets on panic news (FUD) about the Iran/Israel war. Although his intuition was correct, due to execution errors, he bought at a low level and then sold back, resulting in some serious losses. Soon after, he resumed trading and steadily conducted beta trading as Bitcoin rose from $60000 to $69000. At the same time, he also traded ENA on perpetual contracts, but had already hoarded some good spot positions and planned to hold them for the long term. I bought SOL at the low point at the end of the month, but sold it too early. I only went long from 164 to 175 and then left. After selling SOL, I became too impatient and shorted BTC, which broke through $70000. The current position has been cleared. It is expected that the market will experience severe fluctuations in the next two weeks, and it feels that both bulls and bears will be hit hard. Users need to manage their risks well